U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining over 1% on Thursday. The Dow traded up 0.14% to 34,395.14 while the NASDAQ rose 1.58% to 14,138.57. The S&P 500 also rose, gaining 0.85% to 4,510.04.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Coinbase Global, Inc. COIN
Coinbase Global, Inc. stock closed 24.49% higher on Thursday at $107. The stock had an intraday high of $109.21 and an intraday low of $83.42. In the wider picture, the stock has a 52-week high of $116.3 and a 52-week low of $31.55.
Coinbase shares moved higher alongside several crypto-related stocks after a U.S. judge ruled that Ripple sales do not constitute an offer of investment contracts. This decision is likely to impact the entire crypto industry and many companies up against similar legal challenges.
Intuitive Machines, Inc. LUNR
Intuitive Machines, Inc. stock closed 3.28% lower on Wednesday at $8.54. The stock had an intraday high of $9.25 and an intraday low of $8.34. In the wider picture, the stock has a 52-week high of $136 and a 52-week low of $6.6.
Intuitive Machines successfully conducted a complete spacecraft test run of its Nova-C lunar lander, a significant technical achievement in the Companys efforts to complete its lunar lander.
Tesla Inc. TSLA
Tesla Inc. stock closed 2.17% higher on Wednesday at $277.9. The stock had an intraday high of $279.45 and an intraday low of $270.6. In the wider picture, the stock has a 52-week high of $314.67 and a 52-week low of $101.81.
Teslas stock traded higher amid overall strength in the market and reports suggesting the company is setting up a new production plant in India. The company will reportedly aim to produce 500 thousand vehicles a year in India.
JPMorgan Chase & Co. JPM
JPMorgan Chase & Co. stock closed 1.27% higher on Wednesday at $148.87. The stock had an intraday high of $149.37 and an intraday low of $147.75. In the wider picture, the stock has a 52-week high of $149.87 and a 52-week low of $101.28.
JPMorgan Chase & Co. is expected to report its second-quarter financial results, before the opening bell on July 14, 2023. Analysts expect the company to post quarterly earnings at $4 per share, up from year-ago earnings of $2.76 per share.
Nikola Corp. NKLA
Nikola Corp. stock closed 60.87% higher on Thursday at $2.22. The stock had an intraday high of $2.25 and intraday low of $1.37. In the wider picture, the stock has a 52-week high of $8.97 and 52-week low of $0.52.
Nikola Corp shares are trading higher on above-average volume. The company announced an agreement with BayoTech to advance reliable hydrogen supply for commercial fuel cell electric vehicle fleets.
Stay on top of things with your trading when the premarket session opens.
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The US federal government’s longest-ever shutdown is to come to an end after Congress finally voted through a funding deal.
The shutdown, which started on 1 October, has disrupted the lives of millions of Americans as all non-essential parts of government have been frozen.
It came after Democrats and Republicans refused to budge in their stand-off over healthcare spending, causing the first shutdown in almost seven years as the parties failed to agree on a government funding bill.
But on Wednesday night in Washington DC, the House of Representatives voted through a deal to reopen the government after the Senate – the upper chamber of Congress – reached a deal on Monday.
It will now go to the desk of President Donald Trump, who the White House has said will sign it tonight. It will fund the government through to 30 January.
Image: The standoff was largely over healthcare differences. Pic: AP
The Democrats had refused to support a Republican budget plan unless tax credits that made medical insurance cheaper for millions of people were renewed.
The willingness of eight moderate Democrats to break the Senate deadlock without that guarantee has provoked fury among many in the party.
While it will restore funding to federal agencies that have gone without since 1 October, and also prevent any further layoffs until 30 January, many voters will be left to count the cost of higher costs for their healthcare.
What’s a federal government shutdown?
A shutdown of the federal government means that all non-essential functions of government are frozen, affecting everything from social security to air travel to national park access.
Federal agencies are dependent on funding being approved by Congress to allow the president to sign budget legislation for the fiscal year ahead.
If they cannot approve funding (because of political differences – and America is bitterly divided) then those agencies are forced to shut down.
This means that workers cannot do their jobs and are not paid.
This breaking news story is being updated and more details will be published shortly.
The British Medical Association (BMA) has defended a new round of resident doctor walkouts starting on Friday, insisting medics’ pay is still “way down” compared with 2008 and that the government has failed to finish “a journey” towards restoring it.
BMA chair Dr Tom Dolphin told Sky News the dispute remains rooted in years of pay erosion that have left resident doctors far behind other public sector workers.
“When we started the dispute, […] the lowest level of the resident doctors were being paid £14 an hour,” he said.
“There were some pay rises over the last couple of years that brought that partly back to the value it should be at, but not all the way.
“The secretary of state (Wes Streeting) himself called it a journey, implying there were further steps to come, but we haven’t seen that.”
Image: Resident doctors outside Newcastle’s Royal Victoria Infirmary during a five-day strike in July. File pic: PA
When asked if the row ultimately “comes down to money”, he replied: “In the sense that the secretary of state doesn’t want to or isn’t able to fund the pay increases to match the value that we had in 2008.”
Dr Dolphin argued that while “the general worker in the economy as a whole” has seen pay catch up since the 2008 financial crash, “doctors are still way down”.
After the most recent pay awards, in 2025/26 a medic just out of university receives a basic salary of £38,831 and has estimated average earnings of £45,900 after factors like extra pay for unsociable hours are taken into account, according to medical think tank the Nuffield Trust.
That average figure rises to £54,400 by the second year and a more senior speciality registrar earns an average of £80,500.
The BMA says that when the dispute started, the most junior doctors were making around £14 per hour. That works out at £29,120 per year for a 40-hour week.
That’s very close to the earnings of a doctor fresh out of medical school in 2022/23 – £29,384, according to Full Fact.
But that’s over a 52-week year without taking into account paid holiday or unsociable hours.
But Dr Dolphin said the deal still fell short: “The gap was biggest for doctors and needed the biggest amount of restoration, and that’s what we got.”
He defended the BMA’s use of the Retail Price Index (RPI), a metric rejected by the Office for National Statistics, saying it “better reflects the costs people face”.
Should resident doctors get a pay rise? Have your say in the poll at the bottom of this story.
Image: Dr Tom Dolphin says resident doctors are still underpaid
‘Who do you think is treating the patients?’
With Chancellor Rachel Reeves preparing her budget amid warnings of deep cuts, Dr Dolphin said the BMA is not demanding an immediate cash injection.
“We’re quite happy for that money to be deferred with some kind of multi-year pay deal so that we can end the dispute and avoid having further industrial action about pay for several years to come,” he said.
“Money spent in the NHS is returned to the economy. For every pound you spend, you get several pounds back.”
When pressed on whether the £1.7bn cost of previous strike action could have been better spent on treatment and technology for NHS cancer patients, he hit back: “Who do you think is treating the cancer patients? It’s the doctors.”
Image: Health Secretary Wes Streeting has criticised the BMA for striking again. File pic: PA
Strikes will cause disruption, union boss admits
Dr Dolphin rejected suggestions that the dispute could destabilise the government, calling the idea “implausible”.
He admitted prolonged strikes have tested public patience, but said the government had left doctors with no choice.
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“A prolonged industrial dispute makes people annoyed with both sides,” he said. “It is vexing to us that we are still in this dispute.”
“I don’t want patients to suffer,” he added. “I accept that the strikes cause disruption… of course that’s upsetting for them. I completely get that. And I’m sorry that it’s happening.”
Mr Streeting said the allegations are “not true”, telling Sky News’ Mornings With Ridge And Frost that whoever was behind the briefings had been “watching too much Celebrity Traitors”.
He insisted he was loyal to the prime minister, who has been under mounting pressure as he and the Labour Party flounder behind Reform in the polls.
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4:11
Health secretary insists he’s ‘a faithful’
Downing Street went on the attack on Tuesday night to ward off any potential challenge to Sir Keir after the budget, which could see the government announce manifesto-breaking tax rises.
Sir Keir and Rachel Reeves have refused to rule out raising income tax, national insurance, or VAT.
One senior figure told Sky News political editor Beth Rigby while a post-budget challenge is unlikely, it could come if next May’s elections – including in London and Wales – go badly for Labour.
Labour face a challenge from Reform on the right and parties like the Greens and Plaid Cymru on the left.
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7:55
Starmer backs Streeting at PMQs
Also under pressure is the prime minister’s chief of staff, Morgan McSweeney, after Mr Streeting hit out at a “toxic culture” inside Number 10.
Sir Keir failed to say he had “full confidence” in him at PMQs in response to questions from Kemi Badenoch, but the prime minister’s political spokesperson later insisted to journalists that he does retain his backing.
Sky News understands Mr McSweeney was not discussed when Sir Keir and Mr Streeting spoke last night.
Labour chairwoman Anna Turley said the prime minister will investigate the source of the claims against the health secretary, telling ITV: “This is not what he wants to see and he’s determined to drive it out.”