Stock Movers

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!

Investors are reacting to some significant corporate shifts. Apple saw stock declines after a downgrade from Jefferies despite a hint of robust iPhone demand. Meanwhile, Applied Materials is facing a $600 million revenue drop due to new US export rules affecting sales in China. Boeing is not having a good day either, as the delayed rollout of the 777X could lead to non-cash accounting charges estimated between $2.5 billion and $4 billion. It’s a rollercoaster of financial news!

Applied Materials faces a $600 million hit due to expanded U.S. export restrictions affecting China. Meanwhile, TSMC's advanced components are discovered in Huawei's AI processors, revealing China's challenges in AI semiconductor production. Rumble teams up with Perplexity to create a new subscription model, merging their premium features. Additionally, Boeing pushes the commercial launch of the 777X to 2027, potentially incurring billions in accounting charges. Exciting market developments abound!

Applied Materials faces a $600 million revenue loss due to new U.S. export restrictions, raising concerns about its future. Meanwhile, TSMC sees a boost after Huawei’s use of its advanced components, highlighting China's dependency on foreign tech in AI semiconductors. Rumble is making waves with a new partnership aimed at enhancing subscription services through AI features. Tesla's stock bounces back following impressive vehicle sales, although challenges loom with the end of federal electric-car subsidies.

European defense stocks, including Rheinmetall, are surging amid rising tensions linked to drone sightings around Munich. Legrand has achieved record highs after acquiring Avtron Power Solutions for $1.1 billion, enhancing its data center capabilities. Additionally, Raiffeisen shares are climbing as the EU considers lifting sanctions on assets related to Russian oligarch Oleg Deripaska, providing a financial boost for the bank. Tune in for insights on these market movements and their implications!

Robinhood is eyeing international markets for its prediction products, sparking intrigue over regulation and potential growth. Meanwhile, Occidental's shares dip after selling its petrochemical unit for $9.7 billion, with analysts weighing the impact of the deal. In other news, Stellantis shares surge after news that the company might sell its car-sharing business Free2move, coinciding with a rise in Jeep sales. Exciting times are ahead for these major players in the stock market!

Discover how FICO's new program to sell credit scores directly to mortgage resellers sent its stock soaring while third-party bureaus took a hit. Tesla's impressive vehicle delivery numbers contrast with concerns over sustaining demand post-federal subsidies. Plus, learn about Occidental's strategic sale of its petrochemical unit to reduce debt, marking the end of extensive deal-making for the company. Tune in for insights on these market movers and their implications!

Tesla surprised the market with a record quarter of 497,099 vehicle deliveries, though shares dipped amid investor skepticism. The creator of the FICO score is now selling credit scores directly to mortgage resellers, impacting credit bureaus like TransUnion and Equifax, which saw significant drops in stock value. Meanwhile, Berkshire Hathaway's shares fell after Occidental Petroleum hinted at stepping back from major deals. Overall, it's a day of mixed fortunes in the market.

Shares of TransUnion plummet as FICO rolls out a new program enabling lenders to send scores directly to customers, boosting FICO's stock. Occidental Petroleum faces a decline after Berkshire Hathaway acquires its petrochemical business for $9.7 billion, leaving analysts underwhelmed. In contrast, Tesla celebrates a surprising surge in vehicle deliveries, totaling 497,000, as consumers rush to purchase electric cars before the expiration of federal tax credits.

Tesla's shares surge thanks to unexpected growth in vehicle sales as consumers rush to beat tax credit deadlines. Fair Issac Corp's stock jumps after introducing a program that empowers mortgage lenders to distribute FICO scores directly to their customers. Meanwhile, Occidental's shares tumble following Warren Buffett's Berkshire Hathaway acquisition of its petrochemical division for nearly $10 billion, raising questions about the future for both companies. A thrilling dive into market trends and corporate strategies!