Dell leads S&P 500 gains, Nvidia CEO confirms xAI investment

October 8, 2025

Yahoo Finance’s John Hyland tracks Wednesday’s top moving stocks and biggest market stories in this Market Minute.

Dell (DELL) stock’s price target was upgraded by multiple firms, including JPMorgan (JPM), Citi (C), and UBS (UBS).

Gold (GC=F) continues to rally, trading above the $4,000 mark.

Nvidia (NVDA) CEO Jensen Huang confirmed in a CNBC interview on Wednesday that the company will be investing in Tesla (TSLA) CEO Elon Musk’s artificial intelligence company, xAI (XAAI.PVT).

Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance’s Market Minute.

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It’s time for Yahoo Finance’s Market minute.

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US stocks are rebounding today after the S&P snapped seven consecutive days of gains on Tuesday.

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Dell is leading gains for the benchmark index as analysts lift their price targets on the stock.

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The bullishness comes a day after the company hiked its growth forecast on AI demand.

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Meanwhile, the debasement trade continues on Wall Street.

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Spot Gold topping $4,000 an ounce for the first time as the government shutdowns enters its eighth day.

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And Nvidia shares are gaining today.

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CEO Jensen Huang confirmed in an interview on CNBC that the chip giant is an investor in Elon Musk’s xAI and said he regrets not putting in more money.

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Bloomberg News reported earlier Nvidia was included in the startup’s $20 billion funding round.

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And that’s your Yahoo Finance Market Minute.

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For more on what’s trending on Yahoo Finance, scan the QR code below to track the best and worst performing stocks of the trading session.

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