Major U.S. indices ended lower on Wednesday, with the Dow Jones Industrial Average slipping 0.09% to 51,621.48 and the S&P 500 declining 1.11% to 7,718.94, while the Nasdaq fell approximately 1.88% to 26,692.86.
U.S. annual inflation accelerated to 3.7% in September, exceeding the 3.6% forecast, while core inflation rose to 2.6%, also above expectations. The hotter-than-expected report pushed stocks lower and Treasury yields higher, as traders raised bets on another Fed rate hike in October.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
CoreWeave Inc. (NASDAQ:CRWV)
CoreWeave closed down 15.46% at $65.78, trading between $64.41 and $72.52; its 52-week range is $60.55 to $150.40. In after-hours trading, the stock dropped 5.93% to $61.88.
Investor focus returned to OpenAI’s reported revenue run rate, with OpenAI revenue details showing roughly $50 billion in annualized revenue at September’s end. The figure was below a widely reported $68 billion, with the difference reportedly tied largely to revenue accounting.
D.A. Davidson analyst Gil Luria warned that CoreWeave shareholders could face a total wipeout if the AI boom slowed, citing borrowing costs of around 9% against estimated investment returns of just 1%. Despite a $104 billion revenue backlog, the company faced mounting debt obligations, while its co-founder defended the borrowing as necessary for expansion.
Rocket Lab Corporation (NASDAQ:RKLB)
Rocket Lab closed down 7.85% at $59.18, after ranging from $58.84 to $63.56; its 52-week high is $151 and low is $37.57. In the after-hours session, the stock fell 9.94% to $53.30.
Shares fell after the company confirmed that the first launch of its Neutron rocket was pushed into 2027, extending the wait for the vehicle central to its larger-launch expansion plans. The Neutron launch delay followed an earlier warning that a 2026 debut was becoming less likely.
Dell Technologies Inc. (NYSE:DELL)
Dell Technologies closed down 11.27% at $507.93, moving between $502.32 and $548.39; its 52-week range is $110.22 to $595.51. The stock declined 1.46% to $500.50 in extended trading.
The decline followed a Barclays downgrade from Overweight to Equal-Weight, alongside a price-target reduction to $574 from $603. CEO Michael Dell nevertheless pointed to strong artificial intelligence infrastructure demand and increasing enterprise adoption.
Greenland Energy Company (NASDAQ:GLND)
Greenland Energy shot up 76.47% to $3.90, reaching an intraday high of $4.48 after touching $3.41; its 52-week high is $23 and low is $1.09. Shares cooled off 15.23% to $3.31 in after-hours trading.
The energy company gained attention after amending its farm-out agreement with 80 Mile plc, extending key drilling deadlines for the Jameson Land project in East Greenland to 2028. The revised drilling agreement also transferred rights and obligations from its wholly owned subsidiary, March GL Company.
Bending Spoons S.P.A. (NASDAQ:BSP)
Bending Spoons closed up 41.20% at $53.46, trading between $49.21 and $58.56; its 52-week range is $30.11 to $58.94.
Shares surged after Berkshire Hathaway committed another $330 million to the Italian technology company, increasing its ownership stake to 4%. The investment announcement drove the stock sharply higher during Wednesday’s session.
Benzinga Edge Stock Rankings indicate Coreweave stock has a Momentum score in the 8th percentile.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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