Tuesday is here, and with it comes loads of stock market stories worth reading. To help investors find the top happenings today, TipRanks has compiled a list of the latest earnings reports, analyst updates, and other news below.
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- United Parcel (UPS) stock rallied after the delivery company posted Q4 EPS and revenue above estimates.
- UPS also revealed plans to cut 30,000 jobs as its partnership with Amazon ends.
- Nvidia (NVDA) stock was up on reports that chip supplier SK Hynix is considering a U.S. investment firm focused on AI.
- Health insurance stocks took a hit as investors reacted to new Medicare pricing plans.
- Boeing (BA) stock fell after the aircraft manufacturer released its latest earnings report.
- D-Wave Quantum (QBTS) stock was on the rise alongside a new purchase order.
- Corning (GLW) stock was up on a $6 billion fiber optic cable purchase order from Meta Platforms (META).
- X3 Holdings (XTKG) stock rocketed higher alongside heavy trading activity.
- SanDisk (SNDK) stock rallied on bullish coverage from a top analyst.
- Nuwellis (NUWE) stock underwent a massive rally alongside increased trading.
- The Dow Jones Industrial Average (DJIA) was down after President Donald Trump announced new tariffs on South Korea.
- Reddit (RDDT) stock dropped alongside a bearish analyst update.
- Intellia Therapeutics (NTLA) stock surged after regulators lifted a freeze on the pharmaceutical company’s new nerve disease drug.
- CoStar Group (CSGP) stock climbed after an activist investor announced plans to push for changes to the online marketplace company’s Board of Directors.
- General Motors (GM) stock soared alongside a new dividend and share buyback plan.
- Micron Technology (MU) stock jumped after the chip company announced a $24 billion investment in Singapore.
- Advanced Micro Devices (AMD) stock was up after a new CPU and RAM bundle leaked.
- Amazon (AMZN) stock was up after the e-commerce company said it will shut down its Amazon Go and Amazon Fresh stores and convert them into Whole Foods locations.
- Coupang (CPNG) stock was slammed by a new lawsuit over alleged share price manipulation.
- Valve faces a £656 million lawsuit in the UK related to its revenue cut on digital PC game sales.
Read more of the top stock market stories at TipRanks.