Elon Musk’s $150B lawsuit against OpenAI and Microsoft goes to trial. Learn what the case is about and who’s testifying in this landmark legal battle.
Browsing: Stocks
ARK Invest sold $4M in Rocket Lab shares for the second time in days while purchasing Intellia Therapeutics stock. Details on Cathie Wood’s latest moves.
IREN stock dropped 4.5% after missing earnings and revenue estimates. Bernstein lowered its target to $100 but remains bullish on the AI-focused miner.
Bank of America raises Dell and HPE price targets citing agentic AI demand. Dell target moves to $246, HPE to $38 as CPU-intensive workloads grow.
OpenAI failed to hit revenue and user growth benchmarks, sparking concerns about its IPO readiness and dragging down AI infrastructure stocks.
Gold plunged over 1% to $4,625 as US-Iran peace efforts collapse and the Bank of Japan warns of rate increases. Fed decision looms Wednesday.
Alphabet (GOOGL) stock rises 1.72% after Google secures a classified Pentagon AI contract for lawful government operations, joining OpenAI and xAI.
Oil prices reached a three-week peak above $111 after the US turned down Iran’s Strait of Hormuz proposal, prolonging the closure of the vital waterway.
Bitcoin drops to $76,923 after third rejection at $79K. Oil hits $109, stocks await Fed decision and major tech earnings. Full market analysis inside.
MARA Holdings launches foundation to protect Bitcoin from quantum computing threats, fund open-source development, and award $100K to nonprofits.
Sandisk (SNDK) rallies 7% after Melius, Cantor, and Morgan Stanley boost price targets citing NAND price surge and constrained supply through 2027-2028.
Shell acquires ARC Resources (ARX) for $16.4B, offering 27% premium. Deal adds 370K boe/d to Shell’s portfolio. ARX stock jumps 20% on announcement.
Amazon’s Wondery secures exclusive multi-year deal with Oprah Winfrey’s Harpo Entertainment for The Oprah Podcast distribution and advertising rights.
Western Digital (WDC) gets price target boosts from BofA, Wedbush, and Cantor Fitzgerald ahead of Q3 earnings, driven by tight supply and AI demand.
Critical Metals (CRML) stock jumped 6-11% after announcing an $835M acquisition of European Lithium, gaining full control of Greenland’s Tanbreez rare earth project.