Shares of Intel soared after Nvidia announced a $5 billion investment in the company and a collaboration on cutting-edge chips. Intel’s stock skyrocketed 23%, outpacing all others in the S&P 500, while Nvidia saw a 3.5% increase. Synopsys, an Intel partner, also jumped 13% on the news. In contrast, FactSet shares dropped over 10% due to margin pressure. CrowdStrike shares surged 13% after offering an improved revenue outlook. Darden Restaurants reported lower-than-expected profits, causing a 7.7% decline in shares. Nucor shares fell 6% after providing lower profit guidance for the third quarter.

Read more at Yahoo Finance: Intel Stock Jumps After Nvidia Buys Stake; FactSet Falls