US Stock Market Move | Due to wildfires, Edison International (EIX.US) fell more than 4% after shutting off power to over 110,000 customers.

08/01/2025

GMT Eight

On Wednesday, Edison International (EIX.US) fell by over 4%, marking its largest drop since September 2022, to $73.78. On the news front, Southern California Edison shut off power to over 114,000 customers as a public safety measure due to wildfires, and the company stated that the timeline for restoring power is uncertain.

US Stock Market Move | Chip stocks are generally declining, and NanoSemiconductor (NVTS.US) fell more than 11%.

MOMENTUM FIN (01152) has entered into a settlement agreement with its creditors to capitalize on the outstanding debts owed to them. Trading will resume on January 9th.

Contact: contact@gmteight.com

US Stock Market Move | Due to wildfires, Edison International (EIX.US) fell more than 4% after shutting off power to over 110,000 customers.

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