Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as spiking bond yields pushed stocks into sell-off mode, and what’s on the radar for the next session. Apple OpenAI is buying Jony Ive’s artificial intelligence devices startup io for $6.4 billion. Ive is the designer behind several of Apple’s biggest products, including the iPhone. He went on to form his own design company. Apple fell 2.3 %on the news, as investors worried that an OpenAI/Ive partnership will mean competition in the device market. Apple is off 22% from the December high. The stock is down 19% so far in 2025. Frequent CNBC guest and tech stock expert Gene Munster said Wednesday night on ” Fast Money ” that Apple has gone unchallenged for a long time. “They are now going to be challenged,” he said. Regarding Apple and the other big tech companies, Munster said, “This is a shot across the bow. This is war time.” However, he believes this development will make Apple innovate. There will be more to follow on this Thursday. AAPL YTD mountain Apple shares in 2025 The big bond question Wednesday’s less-than-great Treasury auction for 20-year debt led to a sell-off for bonds and a jump in yields. Bonds and yields move in opposite directions. Every single U.S. bond ETF that I track — and there are a lot of them — was down. The 30-year Treasury bond yield is back above 5% at 5.08%. The 20-year yield is at 5.11%. The 10-year Treasury note yield is at 4.59%. The two-year Treasury note is yielding 4.02%. The one-year Treasury bill yield is at 4.13%. The six-month T-bill yield is 4.3%. The three-month T-bill yield is 4.34%. The one-month T-bill yield is 4.27%. The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) yields 7.17%. The iShares iBoxx High Yield Corporate Bond ETF (HYG) yields 5.87%. The SPDR Bloomberg High Yield Bond ETF (JNK) yields 6.68%. The Fidelity Corporate Bond ETF (FCOR) yields 4.52%. The BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) yields 5.91%. BondBloxx co-founder Joanna Gallegos told CNBC’s Frank Holland of “Worldwide Exchange” this week that this is the sweet spot in the market: high yield with little risk. Bitcoin There was a new all-time high for bitcoin on Wednesday, topping $109,500. Thanks to CNBC floor director and bitcoin watcher Will Moore for the assist. Coinbase shares are at 26% from the December high. Galaxy Digital is 11% from the high hit just a few days ago. CleanSpark is 51% from the June high. Strategy is is 26% from the November high. BTC.CM= YTD mountain Bitcoin in 2025 via CoinMetrics UnitedHealth Shares of the health insurance giant slid 5.8% after a downgrade from HSBC . UnitedHealth is down 52% from the November high. Shares are down 29% in a month. Thursday on “Squawk Box,” we’ll have a follow up, covering several issues for the health insurance and health-care industries from both the stock and patient perspective. Ralph Lauren The luxury retailer reports Thursday before the bell. This very stock will be a big part of “Sectornomics” Thursday with CNBC TV’s Dominic Chu as we take an inside look at the consumer discretionary sector, the worst performer of the year so far in 2025. Ralph Lauren is down 1% in the past three months. But it is up about 22% so far in May. Shares are down 5% from the February high. Watch CNBC’s “Squawk Box” with Becky Quick, Joe Kernen and Andrew Ross Sorkin as the numbers come out and “Sectornomics,” as well as ” Worldwide Exchange ” with Frank Holland. RL 1M mountain Ralph Lauren in the past month Toronto-Dominion Bank One of Canada’s biggest banks reports before the bell. TD Bank shares are up 8.3% in the past three months. Shares have recently hit a high. Existing homes CNBC TV’s Diana Olick will have the number at 10 a.m. Thursday. The 30-year mortgage is rate is right in the 7% range. In the last month, Toll Brothers is up about 13%. Shares are off 38% from the November high. PulteGroup is up 6.4% in a month. The stock is 33% from the October high. Taylor Morrison is up about 3% in a month. Shares are off 25% from the November high. Lennar is up nearly 2% in a month. The stock is down 43% from the September high. D.R. Horton is down about 1% in a month. Shares are off 40% from the September high. Hovnanian is down 2.6% in a month. The stock is down 62% from the August high. TOL 1M mountain Toll Brothers in the past month Cattle’s bull run CNBC TV’s Pippa Stevens will have the story Thursday. Live cattle futures are up 11% so far in 2025. Tyson Foods is down nearly 7% in three months. The stock is down 16% from the September high. JBS is up 36% in three months. It’s off 16% from the April high. Epic Universal’s new Epic Universe theme park will open in Orlando Thursday. Comcast is the corporate parent. The stock is 22.5% from the October high. Shares are down 10.5% in a year. Disney , the other theme park giant in town, is 7% from the December high. Shares are up 7% in a year. Six Flags isn’t in Orlando, but the company has 46 properties that are mostly in the U.S. The company is also present in Canada and Mexico. Six Flags Great Adventure is off exit 7A on the New Jersey Turnpike. Shares of Six Flags Entertainment are 42% from the July high. Shares are down 23% in a year. CMCSA YTD mountain Comcast shares in 2025 Home Depot The company will have its annual shareholder meeting in the morning. Home Depot is 15% from the November high. Shares are up about 7% in a month. Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC.
