Key Takeaways
- A defense tech darling’s stock surged on Monday, Nov. 10, 2025, amid hopes that the government may reopen soon, while comments from President Trump calling for changes to healthcare payments dragged on insurers.
- Palantir Technologies shares powered higher, as the software firm stands to benefit if the government shutdown comes to an end.
- Shares of Centene and other health insurers tumbled after Trump suggested that federal healthcare money should circumvent insurers and go directly to people.
A data analytics software giant got a boost from hopes that its major client, the federal government, could be on its way toward returning to business as usual. Meanwhile, health insurers came under pressure following comments from President Donald Trump about changing the process of subsidizing healthcare costs.
Major U.S. equities indexes pushed higher amid optimism that Congress could be approaching a deal to end the U.S. government shutdown. The Dow ended Monday’s session 0.8% higher, while the S&P 500 rose 1.5%, and the tech-heavy Nasdaq climbed 2.3%. See here for more from Investopedia on the day’s markets news.
Palantir Technologies (PLTR) shares surged close to 9%, logging the S&P 500’s top performance Monday. The data analytics software company counts the U.S. government as a big customer, and has inked numerous contracts with the Department of Defense, Department of Homeland Security, and other federal agencies. If a deal to end the government shutdown does materialize soon, Palantir would benefit.
Shares of data storage maker Western Digital (WDC) jumped close to 7% following a price-target boost and bullish comments from analysts at Loop Capital. The research firm said it anticipates growing demand for hard disk drive capacity into 2026 and strong pricing trends. Loop Capital also boosted its price target on shares of data storage competitor Seagate Technologies (STX), which gained 5.2% Monday.
Bullish analyst comments also contributed to a positive trading session for the world’s largest company by market capitalization. Citi lifted its price target on shares of AI chip leader Nvidia (NVDA) to $220 from $210, noting that demand for its processors remains robust. Analysts also highlighted competitive advantages including Nvidia’s software ecosystem and strong relationships with cloud computing leaders. Nvidia is set to release its latest quarterly results on Nov. 19. Shares of Nvidia added about 6% to close around $199 Monday.
Health insurance stocks moved lower after President Trump said in a social media post over the weekend that federal healthcare subsidies should by paid directly to individuals rather than to insurers. Shares of Centene (CE), which has significant exposure to the Affordable Care Act market, plunged nearly 9%, losing the most of any S&P 500 stock. Molina Healthcare (MOH) shares sank 7.3%, while Humana (HUM) fell 5.4% and Elevance Health (ELV) lost 4.4%.
Ball Corp. (BALL), a maker of aluminum cans, announced a shakeup in its top executive position. CEO Dan Fisher stepped down from the company, effective immediately, and Ronald Lewis took the helm of the company. Lewis was previously Ball’s chief supply chain and operations officer. Shares of the company fell 5.2%.
