MercadoLibre (MELI) shares plunge 6.8% after JPMorgan downgrade to Neutral. Analyst cites margin pressure, Brazil competition, cutting PT to $2,100.
Browsing: Stocks
FTC clears Tesla (TSLA) to convert $2B xAI investment into SpaceX stake. Stock drops 2.67% as Musk restructures holdings ahead of SpaceX IPO.
Airbnb (ABNB) stock dropped 4% after unveiling its maiden $2.5B bond offering to refinance convertible debt due March 15. Learn about the deal structure.
GE Aerospace (GE) and Palantir (PLTR) expand their AI partnership to improve U.S. Air Force readiness, covering MRO, supply chains, and engine production.
Salesforce (CRM) issued $25B in bonds to fund accelerated share buybacks in its largest debt offering ever, sending shares up 3.5% despite weak demand.
Reddit (RDDT) CTO sells $1.29M in stock as shares fall 46% in six months. Jefferies cuts target to $250 but keeps Buy rating. Q4 revenue surged 70% YoY.
Honda (HMC) shares tumbled 8% after announcing a $15.7B EV write-down, its first annual loss since 1957, and canceling all planned U.S. EV production.
Lucid (LCID) stock fell 8% at investor day despite unveiling robotaxi plans, self-driving subscriptions from $69/month, and midsize vehicles starting at $50K.
Nokia (NOK) stock surged 4.76% after Morgan Stanley set a street-high €8.50 price target, citing strong AI and cloud infrastructure investment demand.
SoFi (SOFI) stock rose after announcing Mastercard stablecoin deal, CEO’s $1M purchase, and Q4 earnings beat with 39.6% YoY revenue growth.
Codexis (CDXS) stock rose 2.4% after beating Q4 estimates with $0.11 EPS and $38.9M revenue. Full-year loss narrowed; 2026 guidance targets $72M-$76M.
Himax Technologies (HIMX) rallied to a 52-week high of $11.76 in March 2026, driven by strong Q4 earnings and expanding AI and automotive business lines.
Eightco Holdings (ORBS) stock surges 22% after announcing $125M in funding from Bitmine, ARK Invest & Kraken. Tom Lee joins board as Dan Ives steps down.
Rivian (RIVN) stock dropped 2.4% after revealing R2 SUV pricing at SXSW, with the Performance trim starting at $57,990 and base model at $45,000.
Tesla (TSLA) stock drops as Elon Musk announces Macrohard, a Tesla-xAI collaboration creating AI agents that could revolutionize software development.