It’s time to dive into the biggest stock market stories investors need to know about on Tuesday. Fortunately, TipRanks has collected a list of all the hottest news that happened today.
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- American Eagle (AEO) stock slipped on a downgrade from four-star Bank of America analyst Christopher Nardone.
- Allarity Therapeutics (ALLR) stock rocketed after it was granted Fast Track designation by the FDA for its advanced ovarian cancer treatment candidate.
- Joby Aviation (JOBY) stock gained despite a filing with the SEC that revealed $7.2 million worth of insider selling.
- Vertiv Holdings (VRT) stock took off after the company announced its acquisition of generative AI platform company Waylay NV.
- Serina Therapeutics (SER) stock soared after the FDA provided positive feedback on its potential advanced Parkinson’s disease treatment.
- EchoStar (SATS) stock surged after it announced a $23 billion deal with AT&T (T).
- EUDA Health (EUDA) was on the rise after the company announced an expansion of its wellness portfolio.
- International Business Machines (IBM) and Advanced Micro Devices (AMD) shares rallied on a quantum computing partnership.
- IBM also gained after it signed a new contract with the Australian Department of Defence.
- AMD stock also increased after the chip company addressed AM5 CPU socket failures.
- Starbucks (SBUX) stock gained on news it would reduce its roasting days from a full week to five.
- Novo Nordisk (NVO) stock sank after one of its rivals announced a new weight loss pill update.
- Nio (NIO) stock was up alongside an upgrade from JPMorgan analyst Nick Lai.
- Home Depot (HD) stock was down after the company announced a new advertising focus.
- Apple (AAPL) reportedly considered buying AI firms Mistral and Perplexity.
- Ranpak (PACK) stock was up after it announced an expanded partnership with Walmart (WMT).
Read more of the biggest stock market stories at TipRanks.