Earnings reports are a major highlight today, alongside plenty of other news. Let’s dig into that with the hottest stock market news and headlines for Tuesday.
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- Wells Fargo (WFC) stock fell today after the financial firm failed to impress investors with its Q2 results.
- JPMorgan Chase (JPM) stock slipped after its Q2 earnings per share and revenue fell year-over-year.
- Citigroup (C) stock rallied after the banking company beat estimates for Q2.
- Longevity Health (XAGE) stock rocketed after it announced a merger plan.
- Oracle (ORCL) stock got a boost from a $3 billion commitment to AI in Europe.
- Kairos Pharma (KAPA) stock surged today after it posted positive safety data from a clinical trial.
- Nvidia (NVDA) stock rallied alongside new analyst ratings following the lifting of the ban on AI chip sales to China.
- Advanced Micro Devices (AMD) stock soared alongside NVDA on the AI chip export update.
- Ryvyl (RVYL) stock sank after the company priced a public offering for shares and warrants.
- NCino (NCNO) stock slipped despite an upgrade from five-star Baird analyst Joseph Vruwink.
- Zeekr (ZK) stock jumped on news parent company Geely (GELYF) will take it private.
- Alphabet (GOOGL) (GOOG) stock climbed on news it will acquire three gigawatts of hydropower from Brookfield Asset Management (BAM).
- Uber (UBER) and Baidu (BIDU) will collaborate to bring Baidu’s Apollo Go autonomous vehicles to Uber’s platform.
- Broadcom (AVGO) has upped its AI semiconductor game with its new Tomahawk Ultra chip.
- Rogers Communications (RCI) stock was up despite claims of customer service issues.
- Nintendo (NTDOF) (NTDOY) stock gained alongside rumors of a new Switch 2 Direct.
- Walmart (WMT) stock suffered as more consumers turned to premium brands last month.
Read more of the biggest stock market stories at TipRanks!