{"id":59483,"date":"2023-09-11T07:15:36","date_gmt":"2023-09-11T11:15:36","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/tesla-alibaba-hostess-brands-apple-oracle-and-more-stock-market-movers\/"},"modified":"2023-09-11T07:15:38","modified_gmt":"2023-09-11T11:15:38","slug":"tesla-alibaba-hostess-brands-apple-oracle-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=59483","title":{"rendered":"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000740006\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index and producer price index readings will have on monetary policy from the Federal Reserve. <\/p>\n<p>These stocks were poised to make moves Monday:<\/p>\n<div class=\"paywall\">\n<p>\n        Tesla<br \/>\n       (TSLA) rose 5.6% to $262.31 after shares of the electric-vehicle maker were upgraded to Buy from Hold by Morgan Stanley analyst Adam Jonas, who also boosted the stock\u2019s price target to a Wall Street high of $400 a share, up from $250. The upgrade centers around artificial intelligence with Jonas writing that<br \/>\n        Tesla<br \/>\n       \u201chas developed an advanced\u00a0supercomputing architecture\u00a0that pushes new boundaries in custom silicon and may put Tesla at an asymmetric advantage in a $10 trillion total addressable market.\u201d<\/p>\n<p>American depositary receipts of<br \/>\n        Alibaba<br \/>\n       (BABA) edged up 0.3% in premarket trading. Hong-Kong listed shares of<br \/>\n        Alibaba<br \/>\n       declined 2.7% after Daniel Zhang, former chairman of the e-commerce giant, stepped down as chairman and chief executive of its cloud business unit. Alibaba is aiming for a public listing of its cloud unit, the company\u2019s second-largest business by revenue.<\/p>\n<p>\n        J.M. Smucker<br \/>\n       (<br \/>\n        SJM<br \/>\n      ) is nearing a deal to acquire Twinkies owner\u00a0<br \/>\n        Hostess Brands<br \/>\n      \u00a0(TWNK) for about $4 billion, The Wall Street Journal reported, citing people familiar with the matter. Hostess Brands\u2019 value currently stands at about $3.7 billion. Hostess Brands was up 6.7% in premarket trading. Smucker shares rose 0.9%.<\/p>\n<p>\n        Apple<br \/>\n       (AAPL) shares were up 0.8% in premarket trading, a day before the tech giant\u2019s annual fall launch event, dubbed \u201cWonderlust\u201d this year. The event is expected to focus on the debut of the iPhone 15. The most notable change to the phone likely will be a shift to the widely used USB-C standard port from<br \/>\n        Apple<span>\u2019s<\/span><br \/>\n       proprietary Lightning connectors.<\/p>\n<p>\n        Alphabet<br \/>\n       (GOOGL) rose 0.3% as the Department of Justice finally will bring its three-year-old antitrust case against Google to trial beginning Tuesday. The DOJ argues that the<br \/>\n        Alphabet<br \/>\n      \u00a0unit has an illegal monopoly in the internet search market.<\/p>\n<p>\n        Kenvue<br \/>\n       (KVUE) was up 3.5% to $22.04. Shares of the company, which sells such products as Band-Aid, Listerine, Neutrogena, and Tylenol, were upgraded to Buy from Hold at<br \/>\n        Deutsche Bank<br \/>\n       and the price target was left unchanged at $27. <\/p>\n<p>\n        Meta Platforms<br \/>\n       (META), the parent company of Facebook and Instagram, is working on a new artificial-intelligence system intended to be as powerful as the most advanced model offered by OpenAI, the Journal reported. Meta aims for the new AI model to be ready next year, according to the Journal, which cited people familiar with the matter. Meta shares rose 0.9%.<\/p>\n<p>Earnings reports are expected Monday from<br \/>\n        Oracle<br \/>\n       (ORCL),<br \/>\n        FuelCell Energy<br \/>\n       (FCEL),<br \/>\n        Casey\u2019s General Stores<br \/>\n       (CASY), and<br \/>\n        Skillsoft<br \/>\n       (SKIL).<\/p>\n<p>Software company<br \/>\n        Adobe<br \/>\n       (ADBE) reports earnings later this week as does home builder<br \/>\n        Lennar<br \/>\n       (LEN). <\/p>\n<p>Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/stock-market-movers-3b9e8737?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index and producer price index readings will have on monetary policy from the Federal Reserve. These stocks were poised to make moves Monday: Tesla (TSLA) rose 5.6% to $262.31 after shares [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":59484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-59483","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=59483\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=59483\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-11T11:15:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-11T11:15:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/09\/1694430937_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=59483#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=59483\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers\",\"datePublished\":\"2023-09-11T11:15:36+00:00\",\"dateModified\":\"2023-09-11T11:15:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=59483\"},\"wordCount\":480,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=59483#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=59483\",\"url\":\"https:\/\/ifintechworld.com\/?p=59483\",\"name\":\"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-09-11T11:15:36+00:00\",\"dateModified\":\"2023-09-11T11:15:38+00:00\",\"description\":\"Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=59483#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=59483\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=59483#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers | iFintechWorld","description":"Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=59483","og_locale":"en_US","og_type":"article","og_title":"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers | iFintechWorld","og_description":"Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index","og_url":"https:\/\/ifintechworld.com\/?p=59483","og_site_name":"iFintechWorld","article_published_time":"2023-09-11T11:15:36+00:00","article_modified_time":"2023-09-11T11:15:38+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/09\/1694430937_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=59483#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=59483"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers","datePublished":"2023-09-11T11:15:36+00:00","dateModified":"2023-09-11T11:15:38+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=59483"},"wordCount":480,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=59483#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=59483","url":"https:\/\/ifintechworld.com\/?p=59483","name":"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-09-11T11:15:36+00:00","dateModified":"2023-09-11T11:15:38+00:00","description":"Stock futures traded higher Monday as investors looked ahead to U.S. inflation data later in the week and pondered what influence the consumer price index","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=59483#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=59483"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=59483#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Tesla, Alibaba, Hostess Brands, Apple, Oracle, and More Stock Market Movers"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/59483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59483"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/59483\/revisions"}],"predecessor-version":[{"id":59485,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/59483\/revisions\/59485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/59484"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}