Traders are halfway into the week, but the news hasn’t slowed down at all thanks to several earnings reports and regulatory updates. Luckily, TipRanks has it all covered with a list of the hottest news happening on Wednesday.
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- Morgan Stanley (MS) stock was down even after the financial firm posted a Q2 earnings beat.
- Bank of America (BAC) stock also fell after the company released its most recent earnings report.
- Johnson & Johnson (JNJ) stock rallied after the consumer goods company reported strong Q2 results.
- Nuwellis (NUWE) stock rocketed higher after the medical device company was granted a new U.S. patent.
- Cathie Wood’s ARK Invest bought more Tesla (TSLA) and Nvidia (NVDA) shares but offloaded Coinbase (COIN) and Netflix (NFLX) stock.
- Graphjet Technology (GTI) stock surged after the company revealed plans to regain listing compliance.
- Soluna (SLNH) stock plummeted after it priced a public offering of its shares.
- Nintendo (NTDOF) announced that Bo Bragason will be the live-action Princess Zelda.
- Microsoft (MSFT) stock was named a top AI winner by Jefferies analyst Brent Thill.
- Archer Aviation (ACHR) stock gained after the company said it’s targeting Federal Aviation Administration (FAA) approval.
- Global Payments (GPN) stock soared on reports that activist investor Elliott Investment Management has taken a significant stake in the company.
- Renault (RNO) stock is in the news after the company cut its guidance and announced an interim CEO.
- Bitmine Immersion Technologies (BMNR) got a boost from news that Peter Thiel’s Founders Fund has taken a 9% stake in the company.
- Apple (AAPL) secured a $500 million deal with MP Materials (MP) that could benefit President Trump.
- Rigetti Computing (RGTI) stock rose after it reached a new quantum computing milestone.
- Advanced Micro Devices (AMD) stock dipped despite a new $185 price target from five-star Wells Fargo analyst Aaron Rakers.
Read more of the biggest stock market stories at TipRanks!