Buzz-US stocks on the move-Meta, Marvell Technology, Insmed
SPY•Reuters source note
(Rajarshi Roy and Prathik Jayaprakash)
Stock-specific moves
- Greenland-linked US stocks — Critical Metals Corp, Greenland Mine Ltd and Greenland Energy Co jumped after a military presence deal.
- Paramount Skydance Corp and Warner Bros Discovery Inc gained after a WSJ report said merger settlement talks advanced.
- Accenture PLC rose on an Anthropic partnership for AI model evaluation.
- Cue Biopharma Inc surged after positive results from a mid-stage study for CUE-221.
- Crypto-linked stocks including Coinbase Global Inc, Strategy Inc, Robinhood Markets Inc and Webull Corp rallied after bitcoin hit over seven-month high.
- Arhaus Inc gained after Jefferies upgraded the stock to "buy."
- Alkermes PLC rose after positive early-stage ADHD drug data.
- Meta Platforms Inc rose after Wells Fargo hiked its price target on AI product momentum.
- New Era Energy & Digital Inc rose on a power purchase deal with Vistra.
