Investors on the lookout for the top stock market stories today are in luck. TipRanks has collected a list of the hottest market happenings traders need to know about on Monday.
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Two ETFs to trade NBIS long or short: NEBX & NBIZ- Private investment companies are dealing with liquidity trouble and AI is to blame.
- Nebius (NBIS) stock saw a major rally this morning alongside news of an AI deal with Meta Platforms (META).
- Meta Platforms is also reportedly planning to cut its workforce.
- Urgent.ly Inc (ULY) stock was on the rise alongside news of an acquisition deal.
- The Dow Jones (DJIA) climbed on reports that the U.S. would restart the flow of oil from the Strait of Hormuz.
- Nvidia Corporation (NVDA) stock rallied as the chip company prepares for its GTC developer event in San Jose.
- The S&P 500 (SPX) was up after positive trade negotiations between the U.S. and China.
- Alphabet (GOOGL) stock got a boost following praise from Needham analysts.
- Qualcomm (QCOM) stock remained up despite a downgrade from a top Wall Street analyst.
- Kyivstar Group (KYIV) stock was hit hard by a going concern warning in an SEC filing.
- Coca-Cola (KO) stock jumped alongside praise from several analysts.
- Taiwan Semiconductor Manufacturing Company (TSM) stock climbed on positive coverage from a top analyst.
- Salesforce (CRM) stock gained after the company announced its largest share buyback plan.
- Peloton (PTON) stock pedaled higher after the fitness company announced an expansion to commercial customers with equipment for gyms.
- Advanced Micro Devices (AMD) stock rallied on reports that the company’s RDNA 5 GPUs could be twice as powerful as the previous generation.
- Apple (AAPL) stock was up after the iPhone maker announced a refresh for the AirPods Max line.