Trump Media shares extend gains, and Boeing stock edges higher after slumping following the start of a strike at the aerospace company’s biggest union.

Key Takeaways U.S. equities were mixed around midday as investors focused on what will happen Wednesday, when the Federal Reserve is expected to begin cutting interest rates.Intel received a $3.5 billion contract to build chips for the U.

Trump Media shares fell to a 52-week low on Friday, a day after former President Donald Trump, the majority shareholder, was allowed to start selling his stocks in the company. Other early investors had also been prevented from selling their shares because of the “lockup” restrictions imposed on them.

Trump Media owns Truth Social, Donald Trump’s social networking platform, which is still in its early stages. Meanwhile, Snap owns the messaging and social media app Snapchat. In addition to the app,

Tesla’s stock soared by 7.36% today, closing at $243.92. The electric vehicle maker’s shares hit an intraday high of $244.24 and a low of $232.13. The 52-week high and low for Tesla stand at $273.93 and $138.8 respectively. Tesla’s stock reached a two-month high following the Federal Reserve’s rate cut.