It’s the start of the trading week and there’s already plenty of stock market news that investors need to know about. Fortunately, TipRanks has them covered with our daily roundup of the hottest headlines and happenings.
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- Propanc Biopharma (PPCB) stock underwent a massive rally after the shares were uplisted.
- Alphabet’s (GOOGL) Google was hit with $36 million in antitrust violations by Australian authorities.
- Adaptimmune Therapeutics (ADAP) stock soared after the company reached a severance agreement with former Chief Commercial Officer Cintia Piccina.
- UnitedHealth Group (UNH) stock received a price target increase from Bank of America analyst Kevin Fischbeck.
- Catheter Precision (VTAK) stock rallied alongside approval for medical device sales in the UK.
- Novo Nordisk (NVO) stock soared thanks to accelerated approval for Wegovy as a metabolic-associated steatohepatitis (MASH) treatment.
- Nvidia (NVDA) stock dropped on investor speculation concerning dwindling AI momentum.
- Dick’s Sporting Goods (DKS) stock slipped as analysts questioned its planned Foot Locker (FL) acquisition.
- Archer Aviation (ACHR) stock was up alongside investor expectations for it to trade above $10 per share.
- The S&P 500 (SPX) received an increased price target from Wells Fargo.
- Six Flags Entertainment (FUN) stock was down alongside reports of a rough summer for the theme park company.
- OpenAI CEO Sam Altman warned that the AI market may be in bubble territory.
- Tesla (TSLA) stock gained today as rumors spread about a possible Model Y L car coming to China.
- Nintendo (NTDOF) stock rallied after it announced a special Kirby Air Riders Direct will take place tomorrow.
- Air Canada (AC) stock dove after the company withdrew its guidance amid a flight attendant strike.
- Goldman Sachs warned that the labor market could experience additional pressure.
- Eli Lilly (LLY) stock slipped after it announced a $1.3 billion deal with Superluminal Medicines.
- Apple (AAPL) stock was down after cracks started showing up in its production strategy.
- Meta Platforms (META) has announced plans to release a new part of “Hypernova” smart glasses.
- Circle Internet (CRCL) has acquired Informal Systems’ high-performance consensus engine, Malachite.
- Nio (NIO) stock rallied after the EV maker expanded to three new markets.
- Advanced Micro Devices (AMD) is set to hold its Financial Analyst Day later this year and it will provide investors with product and tech roadmaps.
Read more of the biggest stock market stories at TipRanks!