The trading week is picking up pace,, so let’s take a dive into the hottest stock market topics on Tuesday. TipRanks is here to help with our breakdown of the biggest market happenings today.
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- Nvidia (NVDA) stock dropped after SoftBank (SFTBY) sold its entire stake for $5.83 billion.
- Amazon (AMZN) stock fell despite its AI startup Anthropic being set to achieve profitability before archrival OpenAI.
- United Airlines (UAL) stock nose-dived as it looked to settle a lawsuit from angry windowless passengers.
- SoFi Technologies (SOFI) stock jumped as it reopened crypto trading for retail customers, nearly two years after pausing the service.
- Meta Platforms (META) stock fell on reports that it could be losing its chief AI guru.
- BigBear.ai (BBAI) stock got a warm hug as it reported strong Q3 earnings and announced the acquisition of Ask Sage.
- Alibaba (BABA) stock felt the chill as China’s Singles’ Day spending slowed down.
- CoreWeave (CRWV) stock was rattled as it faced a rating downgrade and several price target cuts.
- BYD (BYDDY) stock reversed despite reports that it is set to double production of global vehicles.
- Nebius (NBIS) stock rocketed after signing a five-year contract to deliver AI infrastructure to Meta.
- Tesla (TSLA) stock stuttered as analysts questioned the timeline of its physical AI products.
- Xpeng (XPEV) stock was higher after it highlighted new progress in its development of humanoid robots.
- Rocket Lab (RKLB) stock shot higher as a top analyst boosted his price target after strong Q3 earnings.
- Toyota (TM) stock edged forward after activist investor Elliott disclosed it had taken a stake in Toyota Industries.
- Goldman Sachs (GS) stock looked shinier as it gets set to earn a record $110 million in fees as the sole adviser on the leveraged buyout of Electronic Arts.
- Apple (AAPL) stock was up despite reportedly postponing the launch of the next version of its iPhone Air smartphone.
- Paramount Skydance (PSKY) stock popped after reporting its first quarterly results as a merged company.
- Advanced Micro Devices (AMD) stock fell despite a leading analyst reaffirming his Buy rating and $300 price target.
Read more of the top stock market stories at TipRanks.