Top Stocks: Macy's, NuScale Power, Alphabet, Bullish, Dollar Tree

Macy's (+17.8%) stock rises as sales grow at the fastest rate in three years, beating revenue and earnings expectations. NuScale Power (+10.7%) soars after the Tennessee Valley Authority signs an agreement to develop a 6 GW small nuclear development. Alphabet (+7%) rises after a legal victory, allowing the company to keep Chrome and Android. Dollar Tree (-9.2%) falls despite beating earnings expectations due to Trump's tariffs weighing on its sales outlook. Bullish (-13.7%) has its worst day since going public in mid-August.

The stock market saw significant movements today, driven by various key events and announcements. Macy's (+17.8%) stock rose as the retailer reported sales growth at the fastest rate in three years, surpassing revenue and earnings expectations. NuScale Power (+10.7%) surged following an agreement with the Tennessee Valley Authority (TVA) to develop a 6 GW small nuclear power project. Alphabet (+7%) experienced a notable increase after a favorable antitrust ruling allowed the company to retain its Chrome browser and Android operating system. Dollar Tree (-9.2%) fell despite beating earnings expectations, with Trump's tariffs impacting its sales outlook. Bullish (-13.7%) had its worst day since going public in mid-August.

Macy's reported a 17.8% increase in its stock price, driven by strong sales growth. The company's sales grew at the fastest rate in three years, beating both revenue and earnings expectations. This performance highlights the retailer's ability to adapt to changing consumer preferences and market conditions.

NuScale Power's stock price surged by 10.7% after the Tennessee Valley Authority (TVA) signed an agreement to develop a 6 GW small nuclear power project. The initiative will utilize small modular reactors developed by NuScale Power and deployed by ENTRA1 Energy. This agreement marks the largest U.S. small modular reactor deployment program to date, with ENTRA1 developing and owning six energy plants across TVA's seven-state territory [1].

Alphabet's stock price increased by 7% following a favorable antitrust ruling. A federal judge ruled against forcing Google to divest Chrome or Android, allowing the company to retain its key assets and maintain its search distribution partnership with Apple. This decision boosted investor confidence and avoided potential business disruptions, preserving Alphabet's core operations critical to its financial performance [2].

Dollar Tree's stock price fell by 9.2% despite beating earnings expectations. The retailer's sales outlook was negatively impacted by Trump's tariffs, which are weighing on its sales. Despite the challenging market conditions, Dollar Tree continues to focus on its core business strategy and cost management initiatives.

Bullish experienced its worst day since going public in mid-August, with a stock price decrease of 13.7%. The company's performance has been closely monitored, and investors are keeping a close eye on its future prospects and strategic initiatives.

References:

[1] https://www.utilitydive.com/news/tennessee-valley-authority-tva-6-gw-smr-nuclear/758965/

[2] https://www.ainvest.com/news/alphabet-googl-soars-6-04-favorable-antitrust-ruling-2509/