These Were the Big S&P 500 Movers on Tuesday

Advancers

• The S&P 500's top performance on Tuesday came from shares of International Paper (IP), which surged 6.5% after the packaging supplier provided an 澳洲幸运5官方开奖结果体彩网:upbeat growth outlook at its annual investor day. The company highlighted ongoing efforts to streamline its production footprint, including the closure of seven plants as well as efficiency measures at other facilities. After a takeover effort last year by Brazilian paper firm Suzano failed to materialize, International Paper acquired fellow sustainable packaging producer DS Smith in January, indicating that the combination would help drive growth.
• Copper futures prices advanced more than 2%, approaching record levels, with unease surrounding tariff policies and concerns about supply providing a boost to the industrial metal. Shares of Freeport-McMoRan (FCX), the world's largest publicly traded copper producer, added 3.4%.
• Shares of cybersecurity firm CrowdStrike Holdings (CRWD) jumped 3.3% after the research firm BTIG upgraded its view on the stock to "buy" from "neutral." Analysts suggested that CrowdStrike has been successful in moving past 澳洲幸运5官方开奖结果体彩网:last year's global IT outage, noting that the company's performance since the incident has improved forecasting visibility. BTIG also believes CrowdStrike has the potential to outperform consensus estimates for its annual recurring revenue (ARR) in fiscal 2027.

Decliners

• Shares of delivery giant United Parcel Service (UPS) slipped 5.1%, falling the furthest of any S&P 500 stock, after Bank of America 澳洲幸运5官方开奖结果体彩网:trimmed its earnings forecast for the current quarter. Analysts noted that trade-related uncertainty and winter weather were weighing on demand, also reducing their outlook for the company's quarterly domestic parcel volume.
• Merck (MRK) shares dropped 4.8% following reports that the U.S. drugmaker has inked a licensing deal worth as much as $2 billion with China-based Jiangsu Hengrui Pharmaceuticals. The agreement gives Merck exclusive rights to the experimental oral heart disease treatment HRS-5346, a member of a class of drugs designed to prevent the formation of cholesterol.
• Shares of fellow pharmaceutical firm AbbVie (ABBV) fell 3.7% after the company filed a lawsuit against Genmab, a Danish biotech firm and long-time AbbVie collaborator. AbbVie reportedly claims that Genmab and its recent acquisition, ProfoundBio, knowingly participated in the misappropriation of confidential company technology related to antibody-drug conjugates (ADCs).

-澳洲幸运5官方开奖结果体彩网:Michael Bromberg

Key Tesla Levels to Watch as Stock Gains for 5th Straight Day

Tesla (TSLA) ജshares closed higher Tuesday for the🥃 fifth straight session as the EV maker recovers some of the ground lost during a two-month selloff. 

The stock, which came into this week on a nine-week losing ꧅streak, has gained 28% during its winning run, though it remains down about 40% from its record high set in December.

After briefly dropping below the 200-week moving average (MA) in recent weeks, Tesla shares have reversed gear to climb back above the closely watched indicator, forming two bullish 澳洲幸运5官方开奖结果体彩网:hammer candlesticks in the process. It’s also worth pointing out that the 50-week MA crossed back above the 200-week MA in January to form a 澳洲幸运5官方开奖结果体彩网:golden cross, a respected chart pattern that indicates high♏er prices.

However, while the 澳洲幸运5官方开奖结果体彩网:relative strength index (RSI) has turned higher for the first time sinc🔥e mid-January, it still remains below the 50 threshold, signaling sluggish price momentum.

Key areas of overhead interest on Tesla's chart sit around $300, $385 and $680, while important support levels lie near $217 and $155.

Tesla shar൩es rose 3.5% on Tuesday to finish the session at $288.14.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

UPS Closes at Lowest Level in Nearly 5 Years

United Parcel Service (UPS) was the worst-performing stock in the 澳洲幸运5官方开奖结果体彩网:S&P 500 on Tuesday as the shipping giant's share𒊎s closed at their lowest level in nearly five years.

UPS shares fell 5% to $109.95, their lowest level since June ꧙29, 2020, when they ended trading at $109.48.

The company did not appear to issue a 澳洲幸运5官方开奖结果体彩网🦄:Securities and Exchange Commꦦission (SEC) filing or press release Tuesday.

UPS shares plummeted 14% on Jan. 30, when the company reported 澳洲幸꧂运5官方开奖结果体彩网:weaker-than-expected fourth-quarter res꧒ults and said it was cutting its business with Amazon (AMZN), its largest customer. The♕y have lost more than half their value since closing at an all-time high of $232.11 on Feb. 2, 2022, amid record pandemic demand.

-澳洲幸运5官方开奖结果体彩网:Aaron Rennie

Crown Castle Shares Fall as CEO Dismissed

Crown Castle Inc. (CCI)&nbs🐠p;shares tumbled Tuesday after the provider of towers a🌌nd other communications infrastructure announced it was terminating Steven Moskowitz as its CEO following less than a year at the helm.

The 澳洲幸运5官方开奖结果体彩网:real estate investment trust said Monday that it made the decision in relation to its planned 澳洲幸运5官方开奖结果体彩网:$8.5 billion sale of its small cells and fiber solutions businesses earlier this month.🎃

“The Board determined that now is the right time to make this leadership transition to successfully complete the previously announced sale of the Company’s small cells an🎃d fiber solutions businesses and transform the company into a pure-play U.S. tower business,” Crown Castle Board Chairman P. Robert Bartolo said. 

Moskowitz’s termination wasn’t due to “any disagreement regarding Crown Castle’s policies or financial performance and was not made for cause or related to any ethical or 澳洲幸运5官方开奖结果体彩网:compliance concern,” the company said.

CFO Dan Schlanger will take on the role of interim CEO and a search for a replacement CEO is underway, Crown Castle said. Moskowitz, who previously had served as president of the U.S. Tower business of American Tower Corp. (AMT), became CEO on April 11 last year.

Crown Castle shares fell nearly 4% on Tuesday, n♊arrowing the year-to-date gain to 11%.

-澳洲幸运5官方开奖结果体彩网:Nisha Gopalan

Is Carvana Becoming the 'Amazon of Auto Retail'?

Carvana (CVNA) shares surged Tuesday after the online used car retailer𓂃's stock got an upgrade from Morgan Stanley analysts.

The analysts boosted their rating to 澳洲幸运5官方开奖结果体彩网:"overweight" from "equal-weight" and raised their price target to $280 from $260 ღpreviously. Shares of the car seller, which have more than doubled in value in the last 12 months, were up 3.5% at around $221 in late trading.

The analysts told clients they believe stock's recent slide from a Valentine's Day closing peak of $285.33 could present a "unique opportunity for investors to gain exposure to a leader in auto retail and fleet fulfillment."

Their new price target is just slightly below the average price target of $287 among the analysts tracked by Visible Alpha, nine of which give Carvana a "buy" or equivalent rating, while three rate it as a "hold."

The analysts at Morgan Stanley said their recent tour of a Carvana facility in Florida "reinforced the company's competitive advantages with vertical integration and scale," calling the company "a potential 'Amazon (AMZN) of auto retail.'"

They said that Carvana's most 澳洲幸运5官方开奖结果体彩网:recent earnings report, which saw profits top expe𓆏ctations last month, "make a strong case for the company to have proven profitable growth is more than just a temporary phenomenon."

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

International Paper Stock Jumps on New Growth Targets

International Paper (IP) shares were leading 澳洲幸运5官方开奖结果体彩网:S&P 500 gainers Tuesday after the packaging maker outlin🅺ed rosy growth projections at its 🧸annual investor day.

The company set 2027 performance targets of $26 billion to $28 billion in net sales and $2.0 billion to $2.5 billion in 澳洲幸运5官方开奖结果体彩网:free cash flow. Analysts polled by ♉Visible Alpha were expecting $26.96 billion and $1.81 billion, respectively.

The company said it will continue working to optimize its production footprint, noting it has closed seven plants to date "with no customer impact." It will also look to cut costs by making its plants more efficient, with a focus on allocating more resources to higher-value customers and markets.

The company, which 澳洲幸运5官方开奖结果体彩网:replaced its CEO a year ago, was the target of a 澳洲幸运5官方开奖结果体彩网:failed takeover effort by Brazilian rival Suzano. Earlier this y🌼ear, International Paper merged with another sustainable packaꦑging producer, DS Smith.

Shares of International Paper were up more than 6% in late trading. The stock has gained 3💜8% in the last 12 months.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Oklo Stock Sinks as Losses Widen

Shares of Oklo (OKLO) tumbled Tuesday after the nuclear energy startup reported its latest financial results, giving ꦆback some of the stock's huge Monday gains.

After the bell Monday, Oklo said it recorded a loss of $73.62 million for 2024, more than double the $32.17 million it posted in 2023. The company said it had $275.3 million in cash and other marketable securities at the end of 2024, and said it expects to use those funds to pay for license application fees and the development of its first "powerhouse" reactor.

The company's first reactor is "on track" to start producing energy in late 2027 or early 2028, Oklo said Monday. The stock was boosted Monday by Oklo's announcement that the Nuclear Regulatory Commission will start a "Pre-Application Readiness Assessment" later this month.

The NRC will review some of Oklo's application materials ahead of the company's full licensing application to build a small modular reactor at the Idaho National Laboratory. Oklo, which is backed by OpenAI CEO Sam Altman, plans to submit its fill licensing application for the site later this year.

"Nuclear energy has gained unprecedented government support, and AI has triggered a Sputnik moment, accelerating the demand for dependable, domestic power," Oklo CEO Jacob DeWitte said in a letter to shareholders.

Shares were down 8% in recent trading, after surging 14% on Monday. The 𒅌stock is still up 160% over the past 12 months as nuclear power companies have benefited from expectations of huge AI-related ener🃏gy demand.

-澳洲幸运5官方开奖结果体彩网:Aaron McDade

Wynn Stock Rises as Top Stakeholder Fertitta Buys Shares

Wynn Resorts (WYNN) shares gained Tuesday as the hotel and casino operator𝄹's largest shareholder, billionaire Tilman Fertitta, expanded his stake in the company.

A securities filing showed Fertitta purchased 16,500 shares of Wynn on March 21 and March 24, with a price range of $8🀅0.99 to $84.93 per share, 🔯totaling approximately $1.38 million.

In addition, Hospitality Headquarters, part of the Fertitta Entertainment conglomerate, bought 1.68 million shares for $🅺85.73 each on March 24, valued at about $143.3 million, in a share option transaction.

Fertitta, whose wide-ranging investments under the Fertitta Entertainment umbrella include several Golden Nugget casinos, reportedly became Wynn's top shareholder last November, when he increased his ownership to 9.9%. Fertitta also owns Landry's, Del Frisco's, and several other restaurants, as well as the NBA's Houston Rockets. 

Shares of Wynn Resorts 💯were up nearly 4% at around $88 in recent trading, putting the stock into positive territory for 2025.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

DJT Jumps on Plan to Work With Crypto.com on ETFs

Shares of Trump Media & Technology Group (DJT) surged Tuesday, a day after President Donald Trump's social media firm teamed with cryptocurrency trading platform Crypto.com to offer 澳洲幸运5官方开奖结果体彩网:exchange-traded funds.

The operator of the Truth Social site, the Truth+ streaming platform, and Truth.Fi financial technology brand announced that the products would be launched later this year through Truth.Fi. 

The agreement calls for the ETFs to be made available through Crypto.com's broker dealer Foris Capital US LLC, and "are expected to comprise digital assets as well as securities with a Made in America focus spanning diverse industries such as energy." Trump Media said the offerings are to include "a unique ETF basket of cryptocurrencies incorporating Bitcoin, Cronos, and other crypto assets."

Trump Media CEO Devin Nunes said that the aim is "to create inventive funds incorporating firms that concentrate on rapid growth, technological innovation, and strengthening the U.S. economy." 

Shares were up 8% in recent trading. Even with today's gains, Trump Media & Technology Group shares have lost a third of their value this year.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Cloudflare Rises After Rare Double Upgrade from BofA

Cloudflare (NET) shares rose Tuesday after Bank of America analysts gave the stock a double upgrade, citing strong growth potential in 澳洲幸运5官方开奖结果体彩网:artificial intelligence and security.

The cybersecurity firm is “poised to be one of the true ‘AI winners’ in software,” ꦺBofA said, projecting 30% growth by 2028 driven by “AI and🐠 security momentum.”

 The bank upgraded the company to “buy” from “un⛦derperform” and raised its price target to $160 from $60. The stock was up 2.5% at $127 in recent trading.

Cloudflare's AI-as-a-Service represents a differentiated approach to artificial intelligence, BofA said, and one that customers are “increasingly choosing” over hyperscalers like Amazon (AMZN) Web Services, Oracle (ORCL) and Microsoft (MSFT) Azure. According to a BofA s♔urvey, Cloudflare customers are expected to increase their AI spending by an average of 8% over the next 12 months to about $100,000 per client. 

Last month, Cloudflare reported 澳洲幸运5官方开奖结果体彩网:fourth-quarter results that beat analysts’ exp🃏ectations, driven in part by🍌 adding a record number of large customers in the period.

-澳洲幸运5官方开奖结果体彩网:Andrew Kessel

KB Home Sinks as Homebuilder Warns of Waning Demand

KB Home (KBH) shares slumped Tuesday, a day after the homebuilder posted worse-than-expected reꦡsults and cut its guidance as hesitancy by potential buyers reduced demand.

The company reported first-quarter fiscal 2025 澳洲幸运5官方开奖结果体彩网:earnings per share of $1.49, with revenue falling 5% year-over-year to $1.39 billion. Both missed Visible Alpha for🅠ecasts. The number of homes delivered declined 9% to 2,7ඣ70, although the average selling price rose 4% to $500,700.

CEO Jeffrey Mezger said that "consumers are working through affordability concerns and uncertainties related to macroeconomic and geopolitical issues, which are causing them to move slowly in their home buying decisions." Mezger noted that the start of the key spring selling season "was more muted than what we have seen historically, despite a healthy level of traffic in our communities."

Mezger said the company is lowering its full-year outlook "primarily to reflect the lower level of net orders we generated in the first quarter." KB Home now sees housing revenue in the range of $6.6 billion to $7.0 billion, down from its earlier estimate of $7.0 billion to $7.5 billion. It anticipates the average selling price to be $480,000 to $495,000, down from $488,000 to $498,000.Shares of KB Home dropped 6% to their lowest level in more than a year.

Shares of KB Home were dow🐻n 6% this morning to their lowest level in more than a year.

-澳洲幸运5官方开奖结果体彩网:Bill McColl

Tesla EU Sales Continue to Slide

Tesla (TSLA) sales in the 澳洲幸运5官方开奖结果体彩网:European Union (EU) tumbled for a second consecutive month in February, even as overall new el🐲ectric vehicle registrations increased.

According to the European Automobile Manufacturers' Association, Tesla EU new car registrations, which serve as a proxy for sales, plunged 47% year-over-year to 11,743 cars in February, a month after they plummeted 50%.

Meanwhile, battery-electric vehicle (BEV) registrations in the bloc jumped nearly 24% overall.

Tesla shares were down 1% in early trading Tuesday after 澳洲幸运5官方开奖结果体彩网:soaring 12% to lead the S&P 500 yesterday. Still, Tesla shares are down more than 30% in 2025, weighed upon by concerns that CEO Elon Musk's work with President Donald Trump is a 澳洲幸运5官方开奖结果体彩网:distraction from run🙈ning the EV maker and hurting brand perceptions. Weak sales in Europe, as well as in China, a key market, have also hurt its stock. 

-澳洲幸运5官方开奖结果体彩网:Nisha Gopalan

MicroStrategy Price Levels to Watch After Monday's Surge

MicroStrategy (MSTR) shareಞs were slightly lower this morning after jumping more than 10% on Monday.

Shares in the company, which is the world's largest corporate holder of bitcoin, received a boost after a regulatory filing on Monday revealed that the software firm had purchased an additional 6,911 bitcoins between March 17 and March 23, taking its holding to over 500,000 BTC. MicroStrategy’s accumulation of the digital currency, which began in 2020, has shown no signs of slowing.

Shares of MicroStrategy, which does business under the name Strategy, have gained 16% since the start of the year as of Monday's close and have more than doubled over the past 12 months as investors turn to the stock as a leveraged Bitcoin bet.

After retracing to the closely watched 澳洲幸运5官方开奖结果体彩网:200-day moving average, MicroStrategy shares traded sideways for several weeks before finding renewed buying interest. More recently, the stock closed above the 澳洲幸运5官方开奖结果体彩网:50-day MA on Monday, potentially setting the stage forཧ a continuation of the stock’s longer-term uptrend.

Meanwhile, the 澳洲幸运5官方开奖结果体彩网:relative strength index flashes a reading above 50 to signal bullish price momentum, but also sits below 澳洲幸运5官方开奖结果体彩网:overbought levels, providing the stock with ample r🌜oom to test higher prices.

Investors should watch major overhead areas on MicroStrategy's chart around $383, $543, and $870, while also monitoring key support levels near $232 and $180.

ꦍ The stock w✃as down 0.5% at $334 in recent premarket trading.

Read the full 澳洲幸运5官方开奖结果体彩网:technical analysis piece here.

-澳洲幸运5官方开奖结果体彩网:Timothy Smith

Major Stock Index Futures Slightly Higher

Futures tied to major U.S. stock indexes were each up 🐽0.2% in recent tradiꦛng.

Dow Jones Industrial Average

S&P 500

Nasdaq 100