Tuesday’s off to a strong start with plenty of stock market stories and headlines traders need to know about. Fortunately, TipRanks has them all ready to go in a handy-dandy list below!
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- Netflix (NFLX) received a reiterated Hold rating and a $1,300 price target from JPMorgan analyst Doug Anmuth.
- Medtronic (MDT) stock was down after the company announced a corporate shakeup to boost its valuation.
- Laser Photonics (LASE) stock rocketed higher after its Q2 revenue grew more than 300% year-over-year.
- Nvidia (NVDA) has upgraded its GeForce Now cloud gaming service with more powerful machines.
- Viking Therapeutics (VKTX) stock was down after it failed to impress investors with clinical trial data.
- Tesla (TSLA) stock received praise from William Blair analyst Jed Dorsheimer.
- Plymouth Industrial REIT (PLYM) stock saw a major rally after it received an unsolicited offer from Sixth Street Partners, LLC.
- Anheuser-Busch InBev (BUD) stock jumped after the company pledged to invest $15 million in its facility in St. Louis.
- Apple (AAPL) stock was up after it won a privacy battle overseas.
- UnitedHealth (UNH) stock slipped on a warning and price target cut from Bernstein analyst Lance Wilkes.
- Fabrinet (FN) stock was down on an outlook warning despite strong quarterly beats.
- Cathie Wood spent $46.2 million on biotech stocks yesterday.
- The Dow Jones Industrial Average (DJIA) was up after S&P Global affirmed its AA+ long-term credit rating on the U.S.
- Archer Aviation (ACHR) noted that its Midnight aircraft completed its longest piloted trip to date.
- Advanced Micro Devices (AMD) stock was down alongside Zen 7 processor rumors.
- The S&P 500 (SPX) was up alongside positive data from the housing sector.
- Nintendo (NTDOF) stock slipped following the video game company’s Kirby Air Riders Direct.
- Snowflake (SNOW) was down after rival Databricks reached a $100 billion valuation.
- Home Depot (HD) stock was boosted today even after it missed Wall Street’s earnings estimates.
- SharpLink (SBET) stock was down despite its $667 million Ethereum (ETH) purchase.
- SoFi (SOFI) stock fell even after it announced a partnership with Lightspark.
Read more of the biggest stock market stories for Tuesday at TipRanks!