Stocks making the biggest moves midday: Apple, Micron Technology, Coherent, DraftKings, J.M. Smucker & more
Here are the companies making headlines in midday trading.
Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street
Anthropic said the broad release is possible because of new safeguards that block responses in specific high-risk areas.
Energy Secretary Chris Wright says traffic in Strait of Hormuz is rising ‘very meaningfully’
Wright said that describing the volume of oil exports out of Hormuz as increasing is a “fair statement.”
36-year-old’s fitness company was ‘a week away’ from bankruptcy—now it’s valued at $10.1 billion
Whoop was born from founder and CEO Will Ahmed’s obsession with tracking his own fitness and recovery as a college athlete.
Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company’s shares are down 93%.
Vinted boss sees ‘fundamental’ shift in consumer patterns, as secondhand firm notches $9 billion valuation
Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO told CNBC.
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
Oil prices fall nearly 4% after U.S. Energy Secretary says Hormuz ship traffic is increasing
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
The ‘SaaSpocalypse’ is over, says private equity giant Thoma Bravo. Here’s why it sees an AI boom for software
Thoma Bravo founder Orlando Bravo says AI offers an “enormous tailwind” for software companies.
Stocks are recovering from a sell-off — but even bullish investors warn of a bumpy ride ahead
Stocks edged higher on Tuesday, marking a tentative recovery from a bout of volatility led by an aggressive sell-off of global technology shares.
