Major tech stocks including Micron and AMD traded lower on Thursday despite new corporate developments, while strong earnings sent ManpowerGroup shares soaring and M&A news boosted Distribution Solutions Group.
Shares of the luxury EV maker extended a sharp rebound after its CEO and a regulatory filing refuted speculation about bankruptcy, likely triggering a short squeeze.
The investment bank reported earnings per share of $20.98, vastly exceeding the $14.38 consensus estimate, as a surge in investment banking and trading revenue lifted results across the sector.
Piper Sandler has started coverage of SpaceX with a Neutral rating and a $156 price target, signaling caution due to potential lockup expirations and heavy capital spending despite a positive long-term outlook.
Trump Media & Technology Group announced it will offer a licensed data feed, called Truth API, providing financial services firms with real-time access to posts from influential accounts on its Truth Social platform.
With its stock down nearly 45% from its peak, Nike faces a stark debate between investors banking on a brand-led recovery and those wary of persistent headwinds in China, its lifestyle division, and digital sales.
Norway's benchmark Oslo OBX index closed down 1.13% on Thursday, weighed down by broad sector declines and a significant drop in Telenor shares, which hit a new 52-week low.
The Greek stock market closed in negative territory on Thursday, with the Athens General Composite index falling 0.40% amid broad-based losses led by the Telecoms, Household, and Basic Resources sectors.
The nuclear fuel company allocated a significant majority of its $150 million initial public offering to a small group of core investors ahead of its debut on the New York Stock Exchange.
