S&P 500 Rises Amid Strong Guidance from Microchip Technology and Weakness in Paramount and Netflix
ByAinvest
Wednesday, Dec 3, 2025 5:54 pm ET1min read
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The S&P 500 gained ground on Wednesday, led by Microchip Technology's 12.2% surge after raising its quarterly forecast. Shares of Paramount Skydance and Netflix dropped due to the ongoing saga around Warner Bros. Discovery's takeover. Meanwhile, Vertex Pharmaceuticals shares rose 6.9% after Morgan Stanley upgraded the stock to "overweight" and Delta Airlines shares gained 3.6% despite the government shutdown disrupting air traffic.
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