Electronic Arts shares surged nearly 15% after reports of a potential $50 billion deal to take the video game maker private. Costco stock fell 3% due to lower-than-expected U.S. same-store sales growth. Major U.S. equities indexes rebounded as a key inflation gauge met expectations to potentially prompt further interest rate cuts by the Federal Reserve. Intel shares rose 4.4% following reports of talks with Apple and potential investments with TSMC. Boeing shares climbed 3.6% after FAA approval to issue airworthiness certificates on some 737 Max and 787 jets. Costco reported sales and profits surpassing analysts’ expectations, but U.S. same-store sales fell short. Oracle shares dropped 2.7% after a “sell” rating from Rothschild Redburn, citing concerns about lofty expectations for cloud operations. eBay shares slipped 2% despite strong earnings, announcing the purchase of Norway-based Tise.

Read more at Yahoo Finance: Electronic Arts Stock Pops on Buyout Talks; Costco Slips