Stock Movers Robinhood Stumbles, Qualcomm Rises, Goodyear Tire Bounces
Jun 9, 2025
Robinhood's stock took a hit as traders reacted to the news of its exclusion from the S&P 500, showcasing the volatility tied to market expectations. Meanwhile, Qualcomm made waves with its $2.4 billion acquisition of Alphawave IP, aiming to enhance its AI capabilities. On a more positive note, Goodyear Tire bounced back dramatically after a favorable analyst upgrade, positioning itself as a 'tariff winner' with a notable cost advantage. The podcast dives into how these market movements reflect broader trends and dynamics.
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Robinhood S&P 500 Miss Impact
- Robinhood shares fell after missing addition to the S&P 500 index during quarterly rebalancing.
- Stocks often rise beforehand due to passive funds buying in anticipation, then fall if not added.
Qualcomm's AI Expansion Strategy
- Qualcomm acquired Alphawave IP Group for $2.4 billion to expand AI data center tech.
- The move signals Qualcomm's pivot from relying mainly on Apple chips toward data center markets.
Goodyear’s Tariff Advantage
- Goodyear is a 'tariffs winner' with only 12% of sales impacted by 25% duties versus 55% industry average.
- This tariff advantage is projected to give Goodyear meaningful earnings upside and cost edge.