Destiny Tech100 (DXYZ) surged 18% premarket on news SpaceX could file IPO docs this week, targeting over $75B. Stock trades at 50% premium to NAV.
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Circle (CRCL) crashed 20% after Clarity Act draft would ban stablecoin yield. Insider sold $1.2M days before. Coinbase (COIN) dropped 9.1% on same news.
Snowflake (SNOW) slides 7% as founder Benoit Dageville and CAO Emily Ho sell shares worth $520K+ on same day. Legal issues and weak price action continue.
UPS opens its largest Asia Pacific logistics hub in Taiwan with $100M investment, targeting semiconductor industry demand and Applied Materials partnership.
Merck (MRK) acquires Terns Pharma (TERN) for $6.7B to strengthen cancer pipeline ahead of Keytruda patent expiration. TERN stock rises 5.5%.
HP (HPQ) introduced HP IQ, an on-device AI assistant that processes data locally. The stock has fallen 34% in 12 months as it competes with Apple.
Software stocks plummeted Tuesday as Anthropic’s Claude and AWS AI agents demonstrated capabilities to automate office tasks, threatening subscription models.
Arm (ARM) stock soared 12% after unveiling its AGI CPU chip and receiving a Raymond James upgrade to Outperform with a $166 target. Meta partnership included.
Palantir (PLTR) stock climbed after joining the $185B Golden Dome antimissile defense project. Details on the contract and long-term revenue potential.
McDonald’s (MCD) executive sells shares as analysts lift targets to $385. New value menu items launching April. Stock yields 2.41% dividend.
Tesla (TSLA) stock climbs as Wedbush backs $600 target after Terafab chip factory reveal. Barclays stays cautious amid spending concerns. Full analysis.
U.S. delivers peace proposal to Iran via Pakistan. Oil falls 6%, stock futures climb 1% as markets respond to diplomatic efforts amid Middle East conflict.
Meta (META) stock rises 1.1% pre-market after unveiling first executive stock options since 2012, with payouts requiring significant share price increases.
Alibaba (BABA) stock drops after Q4 earnings show net income fell 66%. But cloud revenue jumped 36% with AI workloads up triple digits for 10th quarter.
Circle (CRCL) stock dropped 20% amid STABLE Act draft language, USDC wallet freezes, and Tether’s Big Four audit news. Ark Invest bought the dip with $16M.