Boeing Stock Jumps After Rare Double Upgrade from Sell to Buy
Stronger deliveries and analyst support are in focus.
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Micron Shares Drop as China’s CXMT Plans Second Beijing Chip Plant
China’s CXMT is considering a new memory-chip factory in Beijing using IPO funds, putting pressure on Micron and SK Hynix as it aims to double production capacity.
Alibaba Unveils Qwen3.8-Max: Its Most Powerful AI Model Yet as Shares Rally
Shares rise as it rivals Anthropic’s Fable 5.
GameStop Swaps $1.4 Billion of Debt for Stock in Dilutive Exchange
GameStop trades $1.4B zero-interest notes for equity. Debt drops, shares increase.
Circle Stock Faces Nearly 40% Downside as Morgan Stanley Cuts Outlook on Shrinking USDC
Morgan Stanley cut Circle’s stock rating, citing falling USDC demand, weaker profits, and growing competition from other digital money options.
Wells Fargo Downgrades eBay to Underweight, Sees 19% Downside on Depop and Vinted Concerns
Wells Fargo downgraded eBay, citing higher Depop costs and Vinted competition, warning profits may face pressure.