WSJ Your Money Briefing What’s News in Markets: Intel’s Win, Darden’s Struggles, FedEx on Tariffs
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Sep 20, 2025 Discover why Intel had its best day since 1987, fueled by a significant investment from NVIDIA. Explore the challenges faced by Darden, the owner of Olive Garden, as it grapples with rising food and labor costs. Plus, learn how U.S. tariffs are set to hit FedEx hard, potentially costing them about $1 billion and affecting shipping demand with China. Tune in for insights on these major market movers!
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Rate Cuts Lift Stocks
- The Fed cut its benchmark rate 0.25% and signaled two more cuts this year to stimulate a weakening labor market.
- Lower rates lifted stocks and made bonds less attractive, boosting index gains led by big tech.
NVIDIA Deal Revives Intel
- Intel gained after NVIDIA agreed to invest $5 billion and form a product partnership, reentering Intel into the AI conversation.
- The move followed a 10% U.S. government stake and sent Intel shares up 23% in one day, its best since 1987.
Darden Absorbs Costs To Keep Prices Low
- Darden Restaurants raised sales guidance while absorbing higher food and labor costs instead of passing them fully to customers.
- That strategy hurt near-term earnings and led shares to fall 13% for the week.