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S&P 500 Gains and Losses Today: Electronic Arts Stock Pops on Buyout Talks; Costco Slips

S&P 500 Gains and Losses Today: Electronic Arts Stock Pops on Buyout Talks; Costco Slips

Published:
2025-09-27 00:41:01
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BTCCSquare news:

Shares of Electronic Arts surged nearly 15% on Friday, September 26, 2025, following reports of a potential $50 billion takeover bid by a consortium including Saudi Arabia’s Public Investment Fund and private equity firm Silver Lake. The deal, if finalized, would take the video game giant private, marking one of the largest Leveraged buyouts in the tech sector this year.

Meanwhile, Costco shares declined after the warehouse retailer reported weaker-than-expected U.S. same-store sales growth, attributing the slowdown to consumer spending pressures and heightened competition. The disappointing results underscored challenges in the retail sector amid shifting macroeconomic conditions.

Major U.S. equity indices rebounded from a three-day losing streak, buoyed by an inflation reading that aligned with expectations. The S&P 500 ROSE 0.6%, the Dow gained 0.7%, and the Nasdaq advanced 0.4%. Market participants interpreted the data as reinforcing the Federal Reserve’s path toward further rate cuts later this year.

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