Stock Movers BlackRock Falls, Rivian Drops, Baidu Rises on Morgan Stanley Upgrade
Oct 3, 2025
BlackRock is in advanced talks to acquire Aligned Data Centers for a whopping $40 billion, raising eyebrows in the industry. Meanwhile, Rivian faces challenges as safety concerns over vehicle doors lead to a stock drop. On a brighter note, Baidu's shares climb after Morgan Stanley boosts its price target to $140, fueled by optimism around AI and new technology. Exciting developments are reshaping these stocks in the market!
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BlackRock In Advanced Talks For Data Centers
- BlackRock's Global Infrastructure Partners is reportedly in advanced talks to acquire Align Data Centers for about $40 billion.
- Talks are ongoing and no final agreement exists, so details or the deal could still change.
Baidu Boosted By AI Cloud Optimism
- Morgan Stanley raised Baidu's price target to $140 from $100 while keeping an equal-weight rating.
- Analysts cite bullish sentiment in AI cloud and Baidu's proprietary AI chip as drivers of the stock re-rate.
Rivian Reworking Door Design Over Safety
- Rivian is redesigning a key element of its vehicle doors after safety concerns from employees and customers.
- The redesign news is weighing on the stock amid heightened scrutiny of automakers.