The stock market showed modest gains today, with major indices posting slight increases. The S&P 500 (ES) rose 0.3%, the Nasdaq (NQ) gained 0.4%, and the Russell 2000 (RTY) advanced 0.3%.

Here’s a look at some of the biggest stock moves and news driving today’s market:

Intel Surges on Breakup Reports

Intel (INTC) jumped 5.5% amid reports that Broadcom (AVGO) and Taiwan Semiconductor (TSM) are considering separate deals that could split the company. While no official agreement has been confirmed, investors responded positively to the possibility of restructuring.

Apple Stalls as AI Siri Upgrade Hits Roadblocks

Apple (AAPL) traded flat as its AI-powered Siri overhaul faces software bugs and engineering challenges. Originally set for an April rollout, some features may now be delayed until May or later.

Alibaba Climbs on Reports of Jack Ma Meeting with Xi Jinping

Alibaba (BABA) gained 3% following reports that founder Jack Ma met with Chinese President Xi Jinping. While details of the meeting remain unclear, the development has fueled speculation about improved relations between the tech giant and the Chinese government.

Conagra Drops After Lowering Profit Guidance

Conagra (CAG) fell 3% after the company cut its full-year profit and operating margin outlook due to supply constraints. Investors reacted negatively to the guidance revision, signaling concerns over cost pressures.

Southwest Airlines Cuts Jobs to Reduce Costs

Southwest Airlines (LUV) rose 3% despite announcing layoffs of more than 1,750 corporate employees—about 15% of its corporate workforce. The cost-cutting move is part of an effort to improve financial efficiency.

Vulcan Materials Raises Dividend

Vulcan Materials (VMC) gained 1% after increasing its quarterly dividend by 7% to $0.49 per share, signaling confidence in its financial health and future growth.

Medtronic Rises on Strong Earnings

Medtronic (MDT) climbed 2.5% after reporting earnings and revenue that exceeded expectations, driven by strong performance across its medical device segments.

United Rentals Drops as Acquisition Falls Through

United Rentals (URI) fell 2% after announcing it will no longer pursue its planned acquisition of H&E Equipment Services (HEES). Meanwhile, HEES shares surged 14% on the news.

Diamondback Energy Expands Through $4 Billion Deal

Diamondback Energy (FANG) rose 1.2% after agreeing to acquire certain units of Double Eagle in a cash-and-stock transaction valued at approximately $4.08 billion. The move strengthens Diamondback’s position in the energy sector.

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The market remains dynamic, with corporate actions and macroeconomic factors influencing stock movements. Stay tuned for further developments as earnings season and economic data continue to shape investor sentiment.