Stock market news for Aug. 18, 2025

Shares of social membership community Soho House rallied greater than 15% after asserting plans to go private.

Soho Home stated it’ll depart the general public market as a part of a $2.7 billion deal directed by MCR Accommodations. Shareholders will get $9 per share, which displays almost 18% upside in contrast with the place it ended final week.

With Monday’s positive factors, Soho Home shares have rallied greater than 18% in 2025.

— Alex Harring, Reuters

The S&P 500 is on a “parallel path” to extra positive factors, in response to Citi.

At on finish, in response to Scott Chronert, U.S. fairness strategist on the financial institution, there’s mega-cap progress and synthetic intelligence. On the opposite aspect, there’s the remainder of the market.

Now, traders are questioning which might catalyze the following leg larger. The reply may very well be a mixture of each.

“Our view on that is principally intuitive,” Chronert wrote to purchasers. “Utilizing the outdated ‘it takes a village’ analogy, the healthiest path to larger index ranges is a mixture of Progress/Tech management persisting however with different areas of the market additive extra so than has been the case this previous yr.”

Chronert additionally stated that traders can count on upside to be pushed by a smaller variety of firms that detract from progress.

— Alex Harring

Take a look at a few of the firms making the largest strikes noon:

• Meta Platforms — The mother or father of Instagram and Fb is planning the fourth overhaul of its artificial intelligence operations in six months, The Data reported late Friday, in response to Reuters. Meta fell almost 3% Monday.
• Target — Evercore ISI added Goal to its tactical outperform checklist, driving up shares within the large field retailer by 3%. The Wall Road agency stated Goal’s earnings report later this week may very well be higher than anticipated, leading to a “aid rally” within the inventory.
• Duolingo — The language training firm popped 12% following an improve to obese at KeyBanc Capital Markets, which cited new merchandise and viral advertising and marketing efforts as potential catalysts. Citigroup additionally initiated analysis protection of Duolingo with a purchase ranking.

For the total checklist, learn here.

— Pia Singh

Shares of TeraWulf rallied greater than 10% on Monday after Google upped its stake within the bitcoin miner and datacenter firm to help its information heart campus enlargement in New York.

Google will offer up to $1.4 billion in further backstop as a part of the deal, placing its whole at about $3.2 billion. The deal hikes Google’s stake in TeraWulf to 14% from 8% and allows the corporate to purchase about 32.5 million shares of the corporate’s inventory.

— Pia Singh, Samantha Subin

KeyBanc has turned bullish on Duolingo, upgrading shares to obese from sector weight on Sunday. Its worth goal of $460 per share implies almost 41% upside from Friday’s shut.

The digital training app has underperformed amid issues its enterprise is peaking and that synthetic intelligence will contract its whole addressable market, analyst Justin Patterson stated in a be aware to purchasers.

“In our view, the AI backlash was a bump within the highway, and a mixture of product … and viral advertising and marketing efforts creates upside danger to estimates over the following 12 months,” he wrote. “Additional, worth optimizations stay an untapped progress lever that might assist progress and profitability.”

The inventory was up almost 5% in morning buying and selling.

— Michelle Fox

Crypto tumbled to start the week as heightened macro issues triggered more than $500 million in forced selling of lengthy positions.

The value of bitcoin was final decrease by 2% at $115,255.70, after touching a new all-time high final week – its fourth one this yr – at $124,496. At one level, it fell as little as $114,706. Ether slid 4% to $4,283.15 after coming inside spitting distance of its roughly $4,800 document final week.

Crypto associated shares have been below strain premarket, led by ether treasury shares. Bitmine Immersion was down 6% and SharpLink Gaming fell 3%. Crypto change Bullish, which made its public trading debut last week, was additionally decrease by 3%.

— Tanaya Macheel

Shares of Novo Nordisk rose greater than 4% within the premarket after the Meals and Drug Administration accepted using the corporate’s Wegovy drug to deal with metabolic dysfunction-associated steatohepatitis, or “MASH,” in adults with moderate-to-advanced liver fibrosis.

 “MASH represents a major well being burden, with one in three individuals with obese or weight problems worldwide affected. Within the US alone, round 22 million persons are estimated to reside with MASH. With the approval of Wegovy for MASH, we offer a brand new remedy to individuals residing with MASH that not solely halts the illness exercise however helps reverse the harm induced to the liver,” Novo Nordisk chief science officer Holst Lange stated in a press release.

Asia-Pacific markets principally rose Monday as traders awaited talks between U.S. President Donald Trump and his Ukrainian counterpart, Volodymyr Zelenskyy.

The U.S.-Russia summit on ending the battle between Kyiv and Moscow concluded with no ceasefire deal on Friday.

Japan’s Nikkei 225 benchmark climbed 0.77% to finish the day at an all-time excessive of 43,714.31, with positive factors led by the buyer cyclicals, healthcare and industrials sectors.

One of the best-performing shares have been Suzuki Motor Corp, which surged 10.2%, Isetan Mitsukoshi Holdings, which superior 7.79% and CyberAgent Inc, which added 7.67%, in response to LSEG information.

In the meantime, Japan’s broader Topix index closed 0.43% larger at 3,120.96.

In South Korea, the Kospi index reversed course from positive factors within the earlier two classes and ended the day 1.5% decrease at 3,177.28, whereas the small-cap Kosdaq declined by 2.11% 798.05.

Mainland China’s CSI 300 rose 0.88% to finish the day at 4,239.41, its highest stage since October 2024, whereas Hong Kong’s Hang Seng Index fell 0.37% to 25,176.85.

In the meantime, Taiwan’s Taiex index added 0.61% to finish the day at 24,482.52, topping its earlier document shut in July 2024.

Over in India, the benchmark Nifty 50 superior 1.21%, whereas the BSE Sensex index added 1.06% as of 1:40 p.m. Indian Commonplace Time (4:10 a.m. ET).

The strikes come because the nation is about to slash its items and providers tax on small petrol and diesel vehicles to 18% from 28%, Reuters reported, citing sources conversant in the matter.

Australia’s S&P/ASX 200 pared earlier positive factors to finish the day 0.23% larger at 8,959.39, after briefly hitting an intra-day excessive.

— Amala Balakrishner

The three main indexes are coming off back-to-back successful weeks. This is how the averages carried out final week:

• The Dow gained 1.7%
• The S&P 500 added 0.9%
• The Nasdaq Composite rose 0.8%

— Alex Harring

Futures tied to the Dow, S&P 500 and Nasdaq 100 have been all little modified shortly after 6 p.m. ET.

— Alex Harring