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Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories
Investors looking for all of the biggest stock market stories are in the right place. TipRanks is home to all of the hottest market happenings traders need to know about on Thursday.
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- Boeing (BA) stock sank after one of its jets was involved in a fatal crash.
- Xpeng (XPEV) shares dipped despite the company’s claim of having more powerful chips than Nvidia(NVDA).
- New Era Helium (NEHC) stock rocketed after the company announced updated AI data center plans.
- Alphabet’s (GOOGL) Google has hurt news publishers with its shift to AI as ad revenue falls.
- Intensity Therapeutics (INTS) stock plummeted after it revealed details of a public offering.
- Airbus (EADSF) expects increased airplane demand despite headwinds.
- Jefferies analyst Julien Dumoulin Smith upgraded First Solar (FSLR) stock today.
- Fitch downgraded its credit rating for Warner Bros. Discovery (WBD) to junk status.
- BioNTech (BNTX) announced a $1.25 billion deal to acquire CureVac (CVAC).
- Four-star KeyBanc analyst Jackson Ader isn’t sold on Oracle’s (ORCL) cloud growth forecast.
- Volato (SOAR) stock soared after it announced a new deal with M2i Global (MTWO).
- The Nasdaq 100(NDX) was down following the release of the latest producer price index (PPI) report.
- Rigetti Computing (RGTI) surged after it completed a $350 million at-the-market (ATM) equity offering.
- Meta Platforms (META) founder and CEO Mark Zuckerberg faced political scrutiny over his stablecoin plans.
- Netflix (NFLX)angered subscribers with its latest user interface (UI) update.
- GameStop (GME) stock sank on reported plans to raise $1.75 billion to buy Bitcoin(BTC).
- Meta Platforms has filed a lawsuit against Joy Timeline HK to stop it from advertising CrushAI apps on Facebook, which can be used to generate nude content.
- Former Starbucks (SBUX) CEO Howard Schultz has given his approval to current CEO Brian Niccol’s turnaround plan.
- OpenAI is reportedly in talks to raise $40 billion.
- Amazon’s (AMZN) Web Services team is set to release a new update for Bedrock AI cloud service.
- Chime stock rallied after its initial public offering (IPO).
- Coca-Cola (KO)debuted a new music label in collaboration with Universal Music Group (UMGNF).
Read more of the latest stock market stories at TipRanks!
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