Stocks to Watch: Chipotle, IREN, SWI

Dow Jones
Oct 12

Chipotle (CMG): Shares fell on reports that Starbucks (SBUX) dismissed speculation it might try to buy the burrito chain.

IREN (IREN): Shares in the cloud-computing company gained on a report by the Information that it has struck a deal with Anthropic.

SWI Capital (NL:SWICH): Shares in the data-center company soared more than 10% after it said it raised about $900 million to upgrade its assets, which include FTX's old bitcoin-mining business.

Valero $(VLO)$, Marathon Petroleum (MPC): Shares in U.S. oil-refining groups edged up as investors weigh the impact of U.S. moves to boost diesel supplies.

Stellantis (STLA, IT:STLAM): Shares in the automaker, which has a battery tie-up with China's Leapmotor in Spain, gained modestly after the European Union unveiled an agreement to slash China's car exports to Europe.

Volkswagen (XE:VOW3): The automaker said deliveries fell in the third quarter as the German automaker continued to suffer from a deteriorating market in China. Shares were little changed.

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