It’s time to start the trading week right with a dive into the hottest stock market topics on Monday. TipRanks is here to help with our breakdown of the biggest market happenings today.
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- SoundHound AI (SOUN) stock rallied alongside renewed analyst confidence.
- Galecto (GLTO) stock rocketed following the biotechnology company’s acquisition of Damora Therapeutics.
- Tesla (TSLA) stock soared after the company’s investors approved Elon Musk’s pay package.
- CleanCore (ZONE) stock plummeted and triggered a response from the company.
- Cogent Biosciences (COGT) stock surged alongside positive Phase 3 clinical trial data.
- Walmart (WMT) stock received a price target increase ahead of its Q3 earnings report.
- Monday.com (MNDY) slipped despite the company’s Q3 results beating estimates.
- Taiwan Semiconductor Manufacturing Company (TSM) stock gained after the company reported October sales.
- Restaurant Brands International (QSR) stock increased on plans to expand its Burger King chain in China.
- President Donald Trump has proposed a $2,000 tariff check for U.S. citizens.
- Viking Therapeutics (VKTX) stock gained alongside new obesity drug news.
- Take-Two (TTWO) stock got a boost from a new milestone for Red Dead Redemption 2.
- Barrick (B) stock rallied alongside an increased dividend.
- MP Materials (MP) stock jumped alongside updated analyst coverage.
- Microsoft (MSFT) stock was up after the company signed on influencers to promote its Copilot AI.
- Nippon Steel (NISTF) subsidiary U.S. Steel announced plans to invest $11 billion in its American operations by 2028.
- Advanced Micro Devices (AMD) stock rallied despite tepid analyst updates today.
- KKR (KKR) stock was down on plans for the company to sell defense equipment maker Novaria Group.
- IREN Limited (IREN) stock continued to slip after last week’s earnings report.
- Wendy’s (WEN) stock dropped on plans to close some 300 stores.
- Home Depot (HD) stock fell as consumers continue to boycott the company.
- Eli Lilly (LLY) stock was on the rise thanks to an analyst upgrade.
Read more of the top stock market stories at TipRanks.