Robinhood - September 30, 2025

Stocks end strong quarter higher as investors shrug off an imminent government shutdown

In a reversal of Monday’s session, the S&P 500, Nasdaq 100,...

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September 30, 2025

Stocks end strong quarter higher as investors shrug off an imminent government shutdown

In a reversal of Monday’s session, the S&P 500, Nasdaq 100, and Russell 2000 spent most of the day in the red before powering higher in the final hours of trading to end near session highs and in positive territory.

The S&P 500 shook off the September scaries to sail 3.5% higher this month, its best September in 15 years, continuing its five-month streak of gains. In the third quarter, the benchmark index gained 7.8%.

Stocks that moved higher:

Retail traders rushed into Wolfspeed as the embattled silicon carbide semiconductor announced that it’s exiting the Chapter 11 bankruptcy process.
CoreWeave rallied on news that it signed a deal to provide up to $14.2 billion of compute to Meta.
Nio climbed following a 62% jump in weekly registrations in China.
Pfizer rose after the drugmaker reached a deal with the Trump administration to lower its prices in the US.

Stocks that moved lower:

Betting stocks DraftKings and FanDuel parent Flutter Entertainment got hammered after Kalshi quietly introduced a new feature mimicking the popular parlay-style sports bets that have been an important differentiator for the sportsbooks.
Firefly Aerospace plunged after disclosing it lost a rocket stage during a preflight test.
Oklo fell after a downgrade from Bank of America.

What analysts expect from Tesla’s last quarter with the $7,500 tax credit

Tesla reports Q3 delivery numbers this week. Read more.

Americans still have hang-ups about using AI as a shopping assistant

Could ChatGPT’s new instant checkout help move the needle?

Read more.

A new analysis by Bloomberg looked at wholesale electricity prices and found that in the past five years, areas near data centers saw their prices spike as much as 267%. More than 70% of the price increases took place in areas less than 50 miles from a data center. Read more.

OpenAI’s first-half 2025 sales were 16% higher than all of 2024
That puts the ChatGPT maker on track to reach its full-year goals, The Information reports.
Boeing is reportedly planning its 737 successor
Boeing’s 737 Max began commercial service in 2017, though crashes and delays have marred its record.
BlackRock’s IBIT flips Deribit for bitcoin options trading
Bitcoin ETFs are having a strong start to the week, with $522 million in inflows on Monday.
Some automakers are working accounting magic to extend the EV tax credit beyond today's deadline
Ford, GM, and Lucid have all introduced strategies to extend the $7,500 tax credit for customers buying EVs.
Meta buys chip startup Rivos in effort to lower its reliance on Nvidia
Meta is likely one of Nvidia’s top hardware customers.
Denmark revises GDP growth lower as key exporter Novo Nordisk struggles
The Ozempic and Wegovy maker has shed hundreds of billions in market cap this year.

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