S&P 500 Update: AMD Soars with OpenAI Deal; AppLovin Faces Regulatory Scrutiny

Reported 2 days ago

On October 6, 2025, shares of Advanced Micro Devices (AMD) surged after announcing a partnership with OpenAI, leading to significant gains in AI-related stocks, while AppLovin's shares plummeted due to a regulatory investigation by the SEC. The S&P 500 rose 0.4% amid overall tech stock gains, although notable declines were seen in AppLovin and Verizon following leadership changes.

Source: YAHOO

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