After an extended holiday weekend, the stock markets are open again, and there’s plenty of news to catch up on. Fortunately, TipRanks has it covered with our list of the hottest stock market stories for Tuesday!
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- McDonald’s (MCD) is betting on budget meals to draw customers back to its stores.
- Carisma Therapeutics (CARM) surged after it announced a merger update.
- BlackRock (BLK) slipped alongside its purchase of ElmTree Funds.
- The Dow Jones Industrial Average (DJIA) was down following a warning from the World Trade Organization (WTO).
- CleanCore Solutions (ZONE) stock sank after it announced a private placement to create a Dogecoin (DOGE) treasury.
- Tesla (TSLA) stock was down after the EV company experienced a slow start in India.
- Walmart (WMT) stock was up as the company prepares to battle Amazon (AMZN) in the video streaming space.
- United Therapeutics (UTHR) stock rocketed higher today alongside positive Phase 3 clinical trial results.
- Metaplanet (JP:3350) stock fell after it announced plans to purchase more Bitcoin (BTC).
- Signet Jewelers (SIG) stock rallied after it posted Q2 earnings that surpassed Wall Street’s estimates.
- Crypto exchange Gemini plans to raise up to $317 million from its IPO.
- Archer Aviation (ACHR) stock was compared to Nikola (NKLAQ) by Grizzly Research.
- Pepsi (PEP) stock popped after Elliott Investment Management revealed a $4 billion stake in the beverage company.
- Investing guru Warren Buffett said he was disappointed by the Kraft Heinz (KHC) split announcement.
- Nestle (NSRGY) stock slipped after the company ousted its CEO over an inappropriate relationship.
- The S&P 500 (SPX) received a new price target from Bank of America.
- Eli Lilly (LLY) stock slipped alongside a new price target from investment firm Jefferies.
- Advanced Micro Devices (AMD) stock fell alongside new Ryzen CPU leaks.
- Constellation Brands (STZ) stock took a beating after the company cut its outlook.
- Microsoft (MSFT) stock fell after the company announced discounts for government agencies for its cloud, AI, and cybersecurity tools.
- Sony (SONY) stock was down on Tuesday after it announced the next State of Play.
Read more of the biggest stock market stories at TipRanks.