Chipotle Falls 3.8% After Starbucks Dismisses Buyout Speculation; Microsoft, Salesforce Rise

Chipotle fell 3.8% after reports that Starbucks dismissed speculation it might buy the burrito chain. Microsoft rose 1.1% after announcing new AI chips to reduce reliance on Nvidia. Salesforce gained 2.1% after a Bank of America upgrade. IREN turned lower after earlier popping on a report of an Anthropic deal. SWI Capital surged 16% after raising $900 million for asset upgrades. Valero and Marathon Petroleum edged up on US moves to boost diesel supplies. Stellantis slipped in Europe after the EU agreed to cut China car exports. Volkswagen fell after Q3 deliveries declined on China weakness.