Yahoo Finance anchor Josh Lipton tracks Monday’s top moving stocks and biggest market stories in this Market Minute.
Plug Power (PLUG) stock is extending gains following a price target lift from HC Wainwright on Friday.
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It’s time for Yahoo Finance’s Market Minute.
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The Nasdaq and the S&P 500 kicking off the week near record highs as the government shutdown drags on.
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Investors also looking ahead to earning season to weigh whether the AI boom, Fed easing and resilient economic data can keep powering the rally higher.
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Plug Power extending gains following Friday’s price target upgrade from H.C. Wainwright, the firm raising its price target on that stock to a street high.
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Wainwright highlighting significant increases underway in electricity prices and the heavy regulatory support and market demand for nuclear power.
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And lastly, Quantum computing plans to raise $750 million to a private placement of over 37 million shares. The closing of the offering is expected to occur on or about October 8th.
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The company intends to use the net proceeds to in part fully fund the commercialization, public strategic acquisitions, and expand sales.
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And that’s your Yahoo Finance Market Minute. Scan the QR code below for more on what’s trending.
