Nasdaq Rises More Than 100 Points; Chewy Stock Declines Following Q2 Earnings Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2025
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Source: Benzinga
Market Performance: U.S. stocks showed mixed results, with the Nasdaq Composite gaining over 100 points, while the Dow fell 0.17%. The S&P 500 also saw an increase of 0.64%.
Sector Movements: Information technology stocks rose by 2.2%, while consumer discretionary stocks declined by 0.8%.
Notable Stock Changes: Chewy, Inc. shares dropped 14% despite exceeding earnings expectations, while Wearable Devices Ltd. surged 412% after reporting strong EPS results and securing a patent.
Global Market Trends: European and Asian markets closed higher, with the eurozone's STOXX 600 up 0.3% and Japan's Nikkei 225 gaining 0.87%. U.S. producer prices fell 0.1% month-over-month in August.
Analyst Views on YYGH
About YYGH
YY Group Holding Limited offers a technology-enabled platform providing workforce solutions and integrated facility management (IFM) services across Asia and beyond. It operates through two core verticals: on-demand staffing and IFM, delivering support to various industries, such as hospitality, logistics, retail and healthcare. Its business consists of global work marketplace, IFM, information technology, and digital and social marketing. Through its YY Circle operating division, it connects businesses with skilled professionals in the casual labor market on four continents. Its Hong Ye Group offers integrated facilities management solutions with a comprehensive range of maintenance and operation services. Its subsidiary, YY Smart Tech Pte Ltd, serves as the central entity for managing all IT services, including infrastructure, cybersecurity, IoT, and software development. Its MediaPlus division focuses on delivering digital solutions. It is also engaged in property investment sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
