How I Made $5000 in the Stock Market

These Stocks Moved the Most Today: Eli Lilly, Electronic Arts, Intel, GlobalFoundries, Boeing, AppLovin, Costco, and More

Sep 26, 2025 05:41:00 -0400 by Joe Woelfel | #Technology

Traders working at the New York Stock Exchange. (COurtesy NYSE)

Key Points

Stocks rose Friday following three days of losses for the major U.S. indexes. Inflation picked up in line with economists’ expectations in August, leaving an opening for a possible interest rate cut next month by the Federal Reserve.

These stocks moved Friday:

Eli Lilly rose 1.4% following President Donald Trump’s announcement late Thursday that pharmaceutical companies would face a 100% tariff on branded or patented drugs unless they are currently building plants in the U.S. Lilly is one of many big pharma companies that lately have announced big investments in U.S. manufacturing. Peers AbbVie, Merck, and Amgen were also saw gains on Friday, while U.S.-listed shares of Danish drugmaker Novo Nordisk fell 0.8%.

Williams-Sonoma rose 0.2%, RH declined 4.2%, and Wayfair rose 2.2%. Trump teased an impending 50% levy on imported kitchen cabinets, bathroom vanities, and associated products, as well as a 30% tariff on upholstered furniture, in a series of social media posts.

Shares of heavy-duty truck maker Paccar climbed 5.2% after Trump also announced new tariffs on foreign-made heavy-duty trucks. Paccar makes Peterbilt and Kenworth trucks.

Electronic Arts surged 15% after The Wall Street Journal reported, citing people familiar with the matter, that a group of investors were close to a deal to take the videogame publisher private.

Costco Wholesale was down 2.9%, even after the giant warehouse club reported fiscal fourth-quarter earnings of $5.87 a share, beating analysts’ expectations of $5.80. Same-store sales, a key measure of growth at stores open for more than a year, increased 5.7% from last year, but fell short of forecasts that called for an increase of 5.9%.

Intel rose 4.4%. Shares of the chip maker closed up 8.9% on Thursday to $33.99 following a report that Intel had approached Apple asking for an investment. The stock also was getting a lift from a Wall Street Journal report that said Intel had approached Taiwan Semiconductor Manufacturing as well.

Apple, meanwhile, declined 0.6% to $255.46. Analysts at Evercore ISI raised the firm’s price target on Apple to $290 from $260 and maintained an Outperform rating on shares of the iPhone maker. Evercore said its annual survey of nearly 4,000 consumers around iPhone purchase intentions “points to what we believe is the start of better-than-expected iPhone refresh cycle, led by a strong lineup of products, particularly at the high-end.”

Shares of Oracle fell 2.7% following a 5.6% drop Thursday. Trump signed an executive order to keep social-media platform TikTok alive in the U.S., and confirmed Oracle’s Larry Ellison would be involved in the deal. A Wall Street analyst on Thursday cut his recommendation on Oracle to Sell, arguing that investors have been “overestimating the value of Oracle’s contracted cloud revenue.”

U.S. chip maker GlobalFoundries rose 8.4% after the Journal reported the Trump administration was weighing a new plan to dramatically reduce the country’s reliance on semiconductors made overseas.

Boeing was up 3.6%. Turkish Airlines agreed to purchase 75 Boeing 787 twin-aisle jets and up to 150 smaller 737 MAX single-aisle jets. Boeing on Thursday also announced a new order for 30 737 MAX jets from Norwegian Group. Separately, the Federal Aviation Administration on Friday said it would delegate the authority for 737 MAX final safety checks back to Boeing, a sign that the company’s production system is improving.

AppLovin gained 4.7% to $669.86 after the company, which provides monetization tools to mobile app developers, received two price-target hikes on Wall Street ahead of the soft launch of its self-serve Axon Ads Manager platform next month. Piper Sandler reiterated an Overweight rating and raised its price target on the stock to $740 from $500, while UBS maintained a Buy rating and boosted its price target on the stock to $810 from $540.

Concentrix tumbled 13% after the customer experience solutions and technology company posted fiscal third-quarter earnings that missed analysts’ estimates, and issued a disappointing outlook for the current quarter. The company expects fiscal-year adjusted earnings of between $11.11 and $11.23 a share, down from a previous forecast of between $11.53 and $11.76.

CarMax declined 1.6%. Shares tumbled 20% Thursday to $45.60 following weaker-than-expected quarterly earnings and a sharp decline in same-store unit sales from one of the largest U.S. used-car dealers. Thursday’s drop was the stock’s largest daily percentage decrease since Sept. 29, 2022, when it fell almost 25%, according to Dow Jones Market Data. It also was the stock’s lowest close since March 20, 2020, when it finished at $44.27.

Write to Joe Woelfel at joseph.woelfel@barrons.com and Mackenzie Tatananni at mackenzie.tatananni@barrons.com