Crypto wealth platform Abra (ABRX) is going public through a $750M SPAC merger with New Providence. Get the full breakdown of the deal and timeline.
Author: Trader Edge
Crypto wealth platform Abra is going public via a $750M SPAC merger with New Providence, listing on Nasdaq as ABRX despite past regulatory challenges.
Gold drops below $5,000 as oil exceeds $100 on Middle East conflict. Fed to hold rates steady. Analysis of what’s next for precious metals markets.
Micron (MU) stock rises 5% as chipmaker announces second Taiwan fab at Tongluo site to expand high-bandwidth memory and DRAM production capabilities.
Adobe (ADBE) stock drops 5% after CEO Shantanu Narayen announces exit, despite Q1 earnings beat. DOJ settlement and Citi downgrade add to concerns.
Ulta Beauty (ULTA) dropped 10%+ after earnings despite beating Q4 expectations. Weak FY2026 guidance spooked investors. Is this a buying opportunity?
Nebius (NBIS) stock rallies after announcing a five-year AI infrastructure partnership with Meta worth $12B guaranteed, with potential to reach $27B total.
Amazon (AMZN) introduces Prime Video Ultra at $4.99/month—a 67% increase—with enhanced features including 4K streaming and more downloads starting April 10.
Ford (F) authorizes buyback of 31.7M shares to offset dilution. Stock shows oversold RSI at 26.45 with analyst price target of $13.91. Details inside.
Ford (F) authorizes buyback of 31.7M shares to offset dilution. Stock shows oversold RSI at 26.45, analysts target $13.91. Financial analysis inside.
Alibaba (BABA) stock rises as the company readies enterprise AI agent launch this week, built on Qwen model with Taobao and Alipay integration planned.
Taiwan Semiconductor (TSM) stock jumps 83% in a year. Bernstein raises price target to NT$2,200 as AI revenue nears 20% of sales by 2026. Details inside.
Meta (META) stock swings on reports of potential 20% workforce cuts. Analysts estimate $5B-$8B in annual savings to offset rising AI infrastructure costs.
Oil tops $100 amid Iran conflict, Fed holds rates Wednesday, and Nvidia unveils AI chips at GTC 2026. Key market movers and earnings to watch this week.
Trump warns NATO could face dire consequences if allies refuse to assist in reopening the Strait of Hormuz after Iran blocked the critical oil passage.

