Late Night Market Recap: Winners Losers and Key Moves

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•  08 Oct 2025
 

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$ASTS emerged as one of the day's biggest winners, surging 8.63% after AST SpaceMobile announced a groundbreaking deal with Verizon to provide direct-to-cell service from space beginning in 2026. The agreement marks a significant milestone for the satellite communications company, which has been working to deliver seamless connectivity across remote regions. The stock received additional support from news of successful direct-to-cell testing with Bell Canada, showcasing the company's technology capabilities across North America.

$AVGO continued its strong run with a 2.7% gain as Broadcom solidified its position as what Mizuho analysts called the "King of AI Custom Silicon." The company maintained its Outperform rating with a $410 price target, highlighting Broadcom's dominant position in the artificial intelligence chip market. The stock contributed to the Nasdaq's 150-point gain during Wednesday's session, with investors praising the company's robust earnings and positive outlook that positions it among the most profitable dividend stocks in the market.

$DELL jumped 9.06% following a wave of analyst price target increases after the company provided an updated outlook at its analyst meeting. Goldman Sachs led the charge with raised projections, and Wall Street broadly praised the company's strategic vision. The technology giant's shares climbed sharply as investors digested the bullish commentary from multiple research firms, making it one of the session's standout performers.

$CEG rallied 3.58% after Seaport Global Securities upgraded Constellation Energy to a Buy rating ahead of its Calpine acquisition. The stock topped the Nasdaq 100's best performers list with a 4.1% intraday gain and has now posted an impressive 66.7% year-to-date return. Analysts increasingly view Constellation Energy as one of the best AI energy infrastructure plays, given the massive power requirements needed to support artificial intelligence data centers.

$DECK advanced 3.67% as UBS retained its Buy rating with a $158 price target for Deckers Outdoor Corporation. The footwear company continues to attract significant hedge fund interest and maintains strong return on equity metrics, securing its position among analysts' safest stock picks despite broader market volatility.

$ARCB surged 5.49% as shares of ArcBest Corp crossed above their 200-day moving average of $76.30, a technical milestone that often signals sustained bullish momentum. However, sentiment remained mixed as Citigroup turned bearish on the stock while cutting its outlook, citing valuation concerns in the transportation sector.

$AA gained 4.31% after Wells Fargo initiated coverage of Alcoa with an Overweight recommendation. Despite the analyst price forecast suggesting a modest 0.21% downside, traders focused on the positive initiation and the aluminum producer's position in the commodities market.

$EL climbed 3.32% as Estée Lauder's stock crossed above the average analyst 12-month target price of $92.43, reaching $92.68 per share. The beauty giant also announced investments in standalone stores for key fragrance brands, signaling confidence in its retail expansion strategy.

$LCID edged 2.32% higher as investors weighed Lucid Group's record third-quarter delivery figures against concerns about revised production guidance. The electric vehicle maker faces a delicate balance between demonstrating growth and managing realistic production expectations.

$HIMS posted a modest 0.35% gain as Hims & Hers rallied for a second consecutive day on leadership changes and global initiatives. However, Jim Cramer cautioned that the telemedicine stock remains "a very hard stock to own" given its volatility, even as the company works to close its $10 average revenue per user gap through product expansion.

On the downside,
$LYV dropped 3.44% after Live Nation Entertainment announced plans to offer $1.3 billion in convertible senior notes due 2031 in a private placement. Technical indicators showed the entertainment giant moving into oversold territory, though legendary investor Warren Buffett's advice to "be greedy when others are fearful" may resonate with contrarian traders.

$DHR fell 1.82% despite Evercore ISI Group maintaining its Outperform rating with an 18.10% upside forecast for Danaher. The life sciences company faced selling pressure amid broader rotation out of healthcare stocks.

$FDX declined 0.99% after JPMorgan downgraded FedEx, moving to the sidelines amid concerns about heating competition, freight headwinds, and weak pricing outlook. The investment bank cited significant macro headwinds that could pressure the shipping giant's margins in coming quarters.

$GOOG slipped 0.68% despite mixed analyst coverage, with HSBC initiating coverage with a Buy rating while Wells Fargo maintained its Equal-Weight recommendation. Alphabet reported stronger engagement across its AI ecosystem driven by Gemini's viral image-generation tools, though near-term price targets suggested limited upside potential.

$HD dipped 0.79% even as Jim Cramer backed Home Depot for a housing recovery. The home improvement retailer showed 4.9% year-over-year sales growth in its latest quarter, balancing DIY demand revival with professional customer acceleration, though recent immigration enforcement controversies added headline risk.

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