Stocks to Watch: Gap Surges,Argentina Rescue Falters,Salesforce Investigates Data Breach
New York – U.S. stocks are mixed in early trading as investors digest a flurry of corporate news, including a strong earnings report from Gap, the collapse of a major financial plan for Argentina, and a data security probe at salesforce. As of 12:18 PM EST on November 21, 2025, market focus is shifting toward potential impacts from these developments and upcoming economic data releases.
These events underscore the ongoing volatility in both the retail and financial sectors, while also highlighting increasing concerns around data privacy and competitive disputes within the tech industry. The shifting landscape demands careful monitoring as investors assess potential risks and opportunities in the final weeks of the year.
Gap Inc. (GAP.N) shares jumped 4% in pre-market trading Thursday after the company exceeded Wall Street expectations for third-quarter comparable sales and profit. The positive results were driven by strong marketing-led demand for its Old Navy and Banana Republic brands.
A $20 billion financial rescue plan for Argentina, spearheaded by JPMorgan Chase (JPM.N), Bank of America (BAC.N), and citigroup (C.N), has been abandoned in favor of a package of smaller, shorter-term loans, the Wall Street Journal reported Thursday, citing sources.
Salesforce (CRM.N) announced Thursday it is indeed investigating “unusual activity” involving applications published by software company Gainsight, which may have exposed customer data.
amazon (AMZN.O) and Pinterest (PINS.N) were the focus of regulatory action in Australia, where the country’s internet safety regulator said Friday it would include Amazon-owned live streaming service Twitch in an upcoming ban on social media for teens, while exempting Pinterest from the measure.
Bristol Myers Squibb (BMY.N) and Sanofi (SASY.PA) are facing legal challenges after Texas Attorney General Ken Paxton sued the two drugmakers Thursday, accusing them of failing to disclose that Plavix, a stroke prevention drug, was ineffective for many patients.
GE Healthcare (GEHC.O) announced Thursday the acquisition of medical imaging software provider Intelerad for $2.3 billion in cash, aiming to expand its presence in ambulatory care markets.
Joby Aviation (JOBY.N) filed a lawsuit against competitor Archer Aviation (ACHR.N) in a California court thursday, alleging trade secret theft, according to a publicly released complaint.
Intuit (INTU.O) announced Thursday it anticipates second-quarter revenue growth to surpass estimates, signaling increasing demand for its AI-powered financial management tools.
