Despite $11B in Iran War costs, major defense stocks are down 1%. High valuations, AI/drone focus, and Trump restrictions explain the muted response.
Browsing: Stocks
OpenAI partners with Amazon Web Services to deliver AI solutions to US federal agencies, covering classified and unclassified work across government.
Qualcomm (QCOM) shares surged 3% after revealing a $20B buyback program and raising its quarterly dividend to $0.92, effective March 26, 2026.
Robinhood (HOOD) Ventures Fund I invests $34.5M in Stripe and ElevenLabs, bringing its private company portfolio to nine firms. Details inside.
HSBC downgrades Eli Lilly (LLY) stock to Reduce, slashing price target to $850 on concerns about obesity drug market size and pricing pressure.
Nebius (NBIS) stock rallied 15% on Meta’s $27B AI deal, then dropped 9% after $3.75B bond raise. Citi rates Buy at $169. CrowdStrike collaboration announced.
GSR Markets acquires Autonomous and Architech for $57M to build a comprehensive crypto investment banking platform offering advisory and capital markets services.
PayPal (PYPL) expands PYUSD stablecoin to 70 markets globally, offering instant merchant settlements and 4% yields on balances. Market cap hits $4.1B.
Mastercard (MA) acquires BVNK for $1.8B to expand stablecoin payment infrastructure. Stock rises 2.11% on the news. Deal expected to close by 2026.
Gold futures climb above $5,000 as Iran war pushes oil to $103 and the Federal Reserve starts its policy meeting. Rate decision expected Wednesday.
Steel Dynamics (STLD) stock drops 1.3% as Q1 earnings guidance of $2.73-$2.77 per share falls short of Wall Street’s $3.24 consensus estimate.
Oil prices break $100 on Iran conflict, pressuring stocks and crypto ahead of Fed decision. Nvidia (NVDA) announces $1T chip sales projection through 2027.
Tesla (TSLA) faces new competition as Nvidia DRIVE platform partners with Uber, BYD, and Hyundai, challenging its trillion-dollar self-driving valuation.
Oklo (OKLO) stock jumped 4.6% after subsidiary Atomic Alchemy won its first NRC license for isotope operations at its Idaho facility ahead of earnings.
IonQ (IONQ) stock rises as UK commits $2.5B to quantum computing. Lansdowne Partners adds 1.4M shares while institutional interest surges.