S&P 500 Gains & Losses Today: Amazon Expands Same-Day Food Deliveries, Hitting Kroger, DoorDash
The S&P 500 added 0.3% on Wednesday, Aug. 13, 2025, posting a record closing high for the second straight day after mellow inflation data raised rate-cut expectations.
Amazon said it would expand its same-day food delivery service to additional markets. Shares of grocery store operators and food delivery competitors fell.
Paramount Skydance shares soared as analysts anticipated ambitious content and sports rights acquisition plans.
Major U.S. equities indexes gained ground Wednesday as consensus solidified around the likelihood of the Federal Reserve lowering interest rates at its next meeting.
The growing confidence in rate cuts followed Tuesday's release of soft inflation data, which likely gave policymakers more leeway to loosen monetary policy.
The S&P 500 advanced 0.3% to secure an all-time closing high for the second straight session. The Nasdaq also added on to Tuesday's record close with an uptick of 0.1%, while the Dow surged 1% to end just below its closing record established in December. Read Investopedia's full coverage of today's trading here.
Paramount Skydance (PSKY) shares skyrocketed 37%, extending gains posted in the prior session and logging the S&P 500's top daily performance. The newly minted media giant, which began trading as a combined entity last week following a prolonged merger process between Skydance Media and the former Paramount Global, grabbed headlines Monday with the announcement of a $7.7 billion, seven-year agreement to acquire the exclusive broadcasting rights for Ultimate Fighting Championship events. Its comparatively small float led commentator Jim Cramer to call it a meme stock today, likely fueling the fire.
Shares of fellow entertainment conglomerate Warner Bros. Discovery (WBD) rose 7.4%. The company said it would partner with streaming service Viu to launch a bundling package in Southeast Asia.
Growing anticipation that the Federal Reserve will cut interest rates at its September meeting and the potential for additional cuts later this year helped bolster shares of home builders. The housing market has been pressured by elevated mortgage rates, which limit affordability for potential homebuyers, so the prospect of lower borrowing costs represents a positive signal for the residential construction business. PulteGroup (PHM) stock gained 5.4%, while shares of Lennar (LEN) added 5.2%.
Shares of electronic circuit board manufacturer Jabil (JBL) declined 4.9%, falling the most of any S&P 500 stock. Wednesday's slide gave back gains posted in the prior trading session, but even after the downtick, Jabil stock has more than doubled in value over the past year, boosted by demand for hardware related to artificial intelligence processes.
Amazon (AMZN) announced plans to to offer same-day grocery deliveries, including perishable items, in 2,300 cities and towns in the U.S. by the end of the year, a major jump from the more than 1,000 where the service is currently available. Amazon stock moved 1.4% higher, but shares of grocery and food delivery competitors lost ground. Shares of Kroger (KR), operator of the largest chain of traditional grocery stores in the U.S., slipped 4.4%. DoorDash (DASH) stock lost 3.8%.
Oracle (ORCL) shares dropped 3.8% following reports that the database technology firm has cut jobs from its cloud infrastructure division. The staff reductions at Oracle, which aims to compete with Amazon and Microsoft (MSFT) in the enterprise cloud services market, are reportedly part of a strategy to shift more resources toward meeting the growing demand for AI-enabled products.
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Gold prices risk 'blow-off top' like 2011 originally appeared on TheStreet. Carley Garner is a long-time futures trader who has seen a thing or two over a career that has lasted over 20 years, including gold market rallies and sell-offs. The massive rally in gold stocks this year to north of $3,357 per ounce has caught her attention, and not in a good way. Invest in Gold Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation Gold prices are up over 28% year-to-date in 2025, and the size and speed of the move (and the reasons behind it) remind her of a similar rally 14 years ago in 2011. Back then, the outcome for gold bugs wasn't fun. "The 2011 top was met with a 45% haircut that took nearly a decade to recover," according to Garner. 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"Safe haven dollars can purchase gold, an asset that doesn't produce income, at an all-time high without a risk parachute, or they can buy Treasuries at multi-decade lows with a yield of 4% to 5% to cushion downside price risk," said Garner in a TheStreet Pro post. "Ironically, the masses select the former and pass on the latter." Many are indeed giving up on Treasuries' relatively juicy yields, fearing the worst. That may not be the best move, though, for newer gold bugs, given that gold has already rocketed to all-time highs this summer. Gold's rally echoes the past Troubling times always increase interest in gold, and this isn't the first time that gold has put on a show. 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Like most investments, momentum can drive assets higher and lower than logic may dictate, making betting against it a risky endeavor. Still, most money is made or lost by acting ahead of the turning points that mark tops and bottoms. Given that gold has already made a major move higher, investors are wise to consider whether we're closer to a top like 2011 than a bottom like a few years ago. More Experts: Stocks & Markets Podcast: Sectors to Avoid With Jay Woods Trader makes bold call with Boeing stock after defense workers strike Veteran fund manager sends urgent 9-word message on stocks "Gold is an asset that should only be bought when nobody wants it. If everyone is buying it, it's probably too late for anyone with a time horizon of less than a decade or longer," said Garner. There's certainly an argument that gold bullishness is widespread, with many talking positively about it as a hedge worth owning. 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