Vertiv (VRT) retreated 10% from its $277.87 all-time high as short interest jumped 42.6%. Analysts maintain bullish outlook with targets up to $325.
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FTC warns Visa, Mastercard, PayPal, and Stripe against denying services based on political or religious beliefs, threatening enforcement action.
Coca-Cola (KO) CEO James Quincey steps aside citing AI transformation, echoing Walmart (WMT) CEO Doug McMillon’s similar reasoning for departure.
Snap (SNAP) stock plunged 12% after the EU launched a formal Digital Services Act investigation into Snapchat’s child safety and age verification practices.
Apple (AAPL) reportedly plans to integrate third-party AI services like Gemini and Claude into Siri with iOS 27, expected to debut at WWDC in June 2025.
Reddit (RDDT) shares fell 10% Thursday after executives sold $8M in stock. Down 40% YTD amid weak ad sales and user growth concerns.
PayPal (PYPL) appoints former Block Square CEO Alyssa Henry to board as stock trades at $44, down 33% in six months amid leadership changes.
Analysts say memory stock selloffs in Micron, Samsung, and SanDisk represent buying opportunities driven by strong AI demand, not fundamental weakness.
AppLovin (APP) tumbled 9% Thursday on short seller pressure and macro concerns, despite record Q4 cash flow and strong analyst backing. What’s next?
OpenAI cancels adult chatbot feature over safety concerns and shuts down Sora AI video app, ending a $1 billion Disney partnership in the process.
Alphabet (GOOGL) drops 2% as Waymo logs 170M driverless miles. Morgan Stanley maintains Buy at $330, Evercore sets $400 target on search recovery.
Uber (UBER) stock fell 1.3% as the company launched Europe’s first commercial robo-taxi service in Zagreb with Pony.ai and Verne, marking a milestone.
Lumentum (LITE) hit record highs of $808.80 after joining the S&P 500 and announcing a North Carolina laser plant with Nvidia as a key customer.
Nebius (NBIS) receives Buy rating and $150 target from BofA as AI Cloud 3.5 launches with serverless computing and Nvidia Blackwell GPUs.
William Blair downgrades Adobe (ADBE) stock citing intensifying AI competition from Canva, Figma, and AI-native rivals threatening Creative Cloud dominance.