Stocks @ Night is your go-to daily newsletter, offering invaluable insights into the market after hours. Sign up for free to have it delivered straight to your inbox. On Wednesday, CNBC TV producers highlighted significant market movements and laid out expectations for Thursday.
The communication services sector witnessed a robust surge, closing up 3.75% and reaching new highs. This sector leads the pack among the 11 S&P sectors, boasting a remarkable 21% gain year-to-date. Key players include Paramount Skydance with an impressive 44% increase, Netflix, which has advanced nearly 38%, and TKO, rising 31%.
In the software arena, Salesforce shared less-than-optimistic guidance in its recent earnings report. Despite announcing a substantial $20 billion buyback, the company’s stock fell over 5% in after-hours trading, marking a 27% decline year-to-date.
Chip giant Broadcom will announce its earnings on Thursday after the market closes. Over the past three months, Broadcom shares have increased by 18%, although they experienced a 5% dip from their peak on August 13. Year-to-date, the stock is up 30%, overshadowing the VanEck Semiconductor ETF (SMH), which is up 18%.
In another notable development, IBM CEO Arvind Krishna is scheduled to appear live on “Mad Money” with Jim Cramer on Thursday night. IBM shares have enjoyed an 11% rise so far in 2025, although they have decreased by 16% since late June.
On the energy front, the S&P sector took a significant hit, declining more than 2% as OPEC+ considers increasing its oil production capacity, with a major meeting slated for Sunday. This downturn follows a recent U.S. operation that targeted a Venezuelan vessel suspected of drug trafficking, resulting in the destruction of the ship and loss of crew members. Venezuela, a member of OPEC, contributes approximately 925,000 barrels of oil daily to the global market. Currently, the energy sector is down 9% from its high in November, with crude prices having dropped 11% this year. Among the top performers in the sector over the past month are APA, up 23%, Valero Energy, which increased by 17%, and Devon Energy, rising 9%. Conversely, ONEOK has seen a 6% decline, while Kinder Morgan and Expand Energy are both down about 5%.
Lastly, Constellation Brands, the beverage powerhouse behind Modelo and Corona, remains in focus after it lowered its guidance. The company’s shares closed down 3% on Wednesday after reaching a 52-week low during the day, bringing the year-to-date decline to nearly 34%.
Stay informed and engaged with the latest updates in the stock market. Remember, knowledge is power, and empowering yourself with information is the key to making informed investment decisions.
Original Source: https://www.cnbc.com/2025/09/03/thursdays-big-stock-stories-whats-likely-to-move-the-market-in-the-next-trading-session.html
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Publish Date: 2025-09-04 04:33:00
