Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories

It’s time for a morning news wrap-up to catch investors up on all the biggest stock market stories worth reading about on Thursday.

There’s been plenty of stock news worth noting, as earnings reports, analyst updates, and more have resulted in market movement today. Let’s take a look at some of the top stories that happened this morning below!

• Navitas (NVTS) stock rocketed more than 150% on news that Nvidia (NVDA) will enlist it to power artificial intelligence (AI) data centers.
• IonQ (IONW) stock underwent a 25% rally after its CEO compared it to Nvidia.
• Alphabet (GOOGL) stock surged on predictions that Waymo bookings would reach $6 billion by 2034.
• LiveRamp (RAMP) stock gained over 25% alongside its latest earnings report.
• Advance Auto Parts (AAP) stock shot more than 45% higher alongside surprising Q1 data.
• Canada Goose (GOOS) stock soared 25% after management said it expects minimal impacts from tariffs.
• Comcast (CMCSA) opened its new Epic Universe theme park to challenge Disney (DIS).
• Ralph Lauren (RL) earnings surpassed Wall Street’s estimates thanks to “resilient demand for its classic Polo shirts and spring wear.”
• AI company OpenAI inked a $6.5 billion deal to acquire iPhone designer Jony Ive’s startup.
• Hinge Health priced its initial public offering (IPO) at $32 per share and will trade on the New York Stock Exchange under the “HNGE” ticker.
• Novo Nordisk (NVO) brought back ex-CEO Lars Rebien Sørensen as a Board observer to help it search for its next CEO.
• Meta Platforms (META) stock got an incredible $888 price target from five-star Loop Capital analyst Rob Sanderson.
• Nvidia slipped in early morning trading after Chinese quantitative trading fund Goku submitted a new AI research paper.

Investors can stay up-to-date with all of the latest stock market news at TipRanks.