Earnings reports, lawsuits, investments, and more are among the biggest stock market stories on Thursday. Keep reading for highlights of all the top stories today!
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- Darden Restaurants (DRI) stock fell following the release of the company’s latest earnings report.
- Alphabet (GOOGL) stock jumped on reports that China has dropped its antitrust case against it.
- Bullish (BLSH) stock rallied alongside a strong earnings report.
- American Express (AXP) announced a fee increase for holders of its Platinum credit card.
- Intel (INTC) stock soared after Nvidia (NVDA) made a $5 billion investment in the chipmaker.
- Advanced Micro Devices (AMD) stock dropped today on news of Nvidia’s investment in its rival CPU maker.
- Opendoor Technologies (OPEN) stock saw another rally this morning as it continued an upward trend.
- Meta Platforms (META) stock jumped on reports it plans to license content from publishers for its AI tools.
- Aptevo Therapeutics (APVO) stock rocketed after Steven Cohen’s Point72 Asset Management, L.P. took a stake in the company.
- The Dow Jones Industrial Average (DJIA) was up thanks to an encouraging jobs report.
- Lifeway Foods (LWAY) stock dove after Danone (DANOY) withdrew its offer for the company.
- SoundHound AI (SOUN) stock headed higher alongside positive analyst coverage.
- Biogen (BIIB) stock rose after it announced a deal with Alcyone Therapeutics.
- Microsoft (MSFT) revealed plans to open a second AI data center in Wisconsin.
- Cracker Barrel (CBRL) stock slipped as investors are still wary about the company following its logo redesign fiasco.
- Palantir Technologies (PLTR) stock gained after it announced plans to invest in the UK.
- Reddit (RDDT) stock climbed alongside several new analyst price targets.
- Starbucks (SBUX) stock has been named in a lawsuit from employees over its new dress code.
- Tencent (TCEHY) stock fell following its response to Sony’s (SONY) Horizon series copyright infringement lawsuit.
Read more of the latest stock market happenings at TipRanks.