STORY: U.S. stocks rallied on Friday with the S&P 500 and Dow notching their biggest weekly percentage gains since early November... and the Nasdaq registering its best week since early December.The Dow gained almost eight-tenths of a percent,

Shares of Qorvo Inc. QRVO inched 0.31% higher to $71.91 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.16% to 5,836.22 and the Dow Jones Industrial Average DJIA rising 0.86% to 42,297.12. The stock's rise snapped a two-day losing streak.

Barclays analyst Tom O’Malley lowered the firm’s price target on Qorvo (QRVO) to $80 from $90 and keeps an Equal Weight rating on the shares as

The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into the long weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025.

The stock's fall snapped a three-day winning streak.

Shares of both miners rose in London after Bloomberg reported that the companie

Enphase Energy ( ENPH) took the top spot for the most shorted S&P 500 ( SP500) stock as a percentage of float in December. As of Dec. 31, 15.51% of Enphase Energy’s ( ENPH) shares were sold short, compared to 14.76% at the end of November. The energy tech firm notched a sharp decline last year, with shares down -48%.

Shares of chipmaker Qorvo (NASDAQ: QRVO) rallied 13.4% on Friday, as of 1:55 p.m. ET. Qorvo soared on the news that an activist investor had taken a sizable stake in the company. Given that the stock is down about 29% in the last year and activist involvement could lead to shareholder-friendly moves, Qorvo rallied on the news.

U.S. stocks closed a robust week with the S&P 500 and Dow posting significant gains. Despite inflation concerns and upcoming Trump policies, optimism over the economy and positive earnings reports bolstered investor sentiment.

The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to 5,996.66 and the Nasdaq Composite gained 291.91 points, or 1.51%, to 19,630.20.

The Dow Jones Industrial Average rose 334.70 points, or 0.78 per cent, to 43,487.83. The S&P 500 added 59.32 points, or 1.00 per cent, to 5,996.66. The Nasdaq Composite Index increased 291.91 points, or 1.51 per cent, to 19,630.2.

U.S. equities were higher at midday Friday as positive reports on inflation raised investor optimism for more Federal Reserve rate cuts ahead.