Alibaba
U.S.-listed shares of the Chinese tech giant surged by 9.3% after the company announced plans to increase its investment in artificial intelligence models and development. Alongside this, Alibaba unveiled a series of new AI products and updates, signaling its commitment to innovation in the tech space.
Lithium Americas
The mining stock experienced a remarkable rise of over 69% following a report from Reuters. The report indicated that the Trump administration is considering acquiring a stake of up to 10% in the company, which has sparked investor interest and optimism.
Oracle
Shares of the database software company fell by 1.4%. This decline comes amid uncertainty regarding how much control Oracle will have over TikTok’s algorithm as part of its acquisition deal with other Big Tech investors from ByteDance, the parent company of TikTok.
Micron
Despite posting a better-than-expected quarterly report and optimistic guidance for the current quarter, Micron’s shares dropped nearly 1%. However, it’s worth noting that the stock has nearly doubled in value so far in 2025, indicating strong overall performance.
Coinbase
Shares of the cryptocurrency exchange rose by 1.2% after the launch of the x402 Foundation in collaboration with Cloudflare. This initiative aims to establish a universal standard for AI-driven payments, contributing to the growing intersection of cryptocurrency and artificial intelligence. The rise in Coinbase’s stock coincided with a more than 1% increase in Bitcoin’s value.
MillerKnoll
The office furniture company exceeded analysts’ earnings estimates in its quarterly report, resulting in a stock increase of around 1%. This positive performance reflects the company’s resilience in a competitive market.
Douglas Elliman
Shares of the luxury real estate brokerage rose approximately 1% after reports surfaced that a Wall Street watchdog is investigating alleged insider trading linked to a failed takeover bid for the firm. The investigation is still in its early stages, adding an element of intrigue to the company’s stock performance.
Microsoft
Microsoft’s shares dipped by 1% after the company acknowledged in a blog post that its current chip cooling methods may limit its AI-driven growth in the coming years. The tech giant also revealed it has been testing a new cooling method for silicon chips using microfluidics, which could pave the way for future advancements.
Nvidia
Shares of the AI chip powerhouse rose by 0.6%, recovering from a nearly 3% loss in the previous trading session. This rebound comes after Nvidia experienced its worst trading day since August 29, amid growing concerns about the sustainability of the AI market.
— Reporting contributed by CNBC’s Sarah Min, Sean Conlon, Yun Li, Alex Harring, and Michelle Fox Theobald.
