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Daily U.S. Stock Market News Briefing (2025-09-25)
Important news:
1. The number of initial jobless claims in the U.S. for the week ending September 20 was recorded at 218,000, the lowest since the week of July 19, 2025.
2. Federal Reserve Governor Mester: I believe that interest rates are too restrictive, at a level of 150-200 basis points, and should be gradually reduced at a pace of 50 basis points.
Individual Stock News:
1. Google ( GOOG.O ) requests the U.S. Supreme Court to stay a key part of a judicial order that would compel it to make significant reforms to its app store, Google Play.
2. Starbucks ( SBUX.O ) will cut about 900 jobs and close some stores in the restructuring.
3. Hertz ( HTZ.O ) company announced that it has determined the issue price of the $375 million exchangeable bonds.
4. Intel ( INTC.O ) is seeking to obtain investment from Apple.
5. Meta Platforms(META.O)CEO Mark Zuckerberg: Instagram's monthly active users have now surpassed 3 billion.
6. NVIDIA ( NVDA.O ): CEO Jensen Huang reported that he has sold 225,000 shares of common stock through multiple transactions, with a transaction price range of $174.82 to $184.38 per share.
7. BlackBerry ( BB.N ) expects annual revenue of between $519 million and $541 million, with market estimates at $532.2 million.