Shares of dental technology company Align Technology (NASDAQ:ALGN)
jumped 5.9% in the afternoon session after Federal Reserve Chair Jerome Powell signaled openness to possible interest rate cuts. The surge was part of a broader market rally following Federal Reserve Chair Jerome Powell's remarks at the annual symposium in Jackson Hole, Wyoming. Powell signaled a potential shift in monetary policy, including possible interest rate cuts, which ignited investor enthusiasm. The prospect of lower borrowing costs eased concerns about prolonged high interest rates impacting economic growth. This outlook bolstered investor confidence, sparking a significant rally across the major indexes, with the Dow Jones, S&P 500, and Nasdaq all jumping nearly 2% or more.
A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish message during his highly anticipated speech at Jackson Hole.
A number of stocks jumped in the afternoon session after markets continued to rally amid growing speculation of an impending interest rate cut by the Federal Reserve. Following a favorable Consumer Price Index (CPI) report, investors are increasingly betting on a rate reduction next month, a sentiment amplified by U.S. Treasury Secretary Scott Bessent's call for a significant cut. This has fueled a 'risk-on' environment across Wall Street. Lower interest rates are typically beneficial for growth-oriented sectors like healthcare, as they reduce the cost of borrowing for research and innovation and increase the present value of future earnings.
Dental technology company Align Technology (NASDAQ:ALGN) fell short of the market’s revenue expectations in Q2 CY2025, with sales falling 1.6% year on year to $1.01 billion. Next quarter’s revenue guidance of $975 million underwhelmed, coming in 6.4% below analysts’ estimates. Its non-GAAP profit of $2.49 per share was 3.3% below analysts’ consensus estimates.
A number of stocks jumped in the afternoon session after positive inflation data fueled hopes for an interest rate cut by the Federal Reserve. The latest Consumer Price Index (CPI) report showed inflation rose by a modest 0.2% in July and 2.7% over the last year. This cooler-than-expected data prompted a significant market rally, with the S&P 500, Dow, and Nasdaq all climbing as investors grew more optimistic. The prevailing view is that easing inflation gives the central bank room to lower interest rates. Lower rates typically reduce borrowing costs for businesses and make stocks more attractive relative to bonds, contributing to widespread gains across sectors like healthcare.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Monday. Below you can find the top S&P500 gainers and losers in today's session.
Curious about the top performers within the S&P500 index in the middle of the day on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
ALGN stock is undervalued with strong profitability, zero debt, and steady growth, making it a solid pick for value investors seeking long-term potential.
The financial markets have been on a tumultuous ride in early August 2025, experiencing a dramatic "see-saw" pattern that has left investors both wary and hopeful. Following a sharp decline at the close of July, Wall Street staged a significant rebound on August 4th, largely propelled by robust gains in
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner.
Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Shares of dental technology company Align Technology (NASDAQ:ALGN)
jumped 3% in the morning session after its President and CEO, Joe Hogan, personally purchased approximately $1 million of the company's common stock. Mr. Hogan stated that the purchase reflected his continuing confidence in the long-term value of Align. This insider buying often acted as a bullish signal to investors, suggesting that leadership believed the company's shares held significant upside. The transaction added to the approximately $8 million of Align common stock that Mr. Hogan purchased since his last sale in 2021, reinforcing his commitment to increasing shareholder value.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Friday as we examine the latest happenings in today's session.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Friday as we examine the latest happenings in today's session.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Thursday. Below you can find the top gainers and losers in today's session.
