Trilogy Metals — Shares of this Canadian minerals explorer skyrocketed over 222% after the White House announced it would take a stake in the company. The Trump administration plans to invest $35.6 million in Trilogy, making the U.S. government a 10% shareholder in this promising venture.
Aehr Test Systems — In contrast, this semiconductor testing solutions firm saw its stock plunge by 20%. The drop followed a year-over-year revenue decline, compounded by the company’s decision not to issue guidance amid ongoing global trade tensions.
Dollar Tree — Shares fell by 4% after Jefferies downgraded the discount retailer’s stock from hold to underperform. The investment firm also projected a potential 20% decline in Dollar Tree’s stock price.
Advanced Micro Devices (AMD) — The chipmaker’s stock rose nearly 4% following a Jefferies upgrade from hold to buy. The investment bank has forecasted more than a 47% upside for AMD, signaling strong confidence in the company’s future performance.
IBM — International Business Machines experienced a jump of about 4% after announcing its agreement to integrate Anthropic’s Claude chatbot into its software portfolio. This move is expected to enhance IBM’s offerings in the AI space.
Constellation Brands — The distributor of Modelo beer saw its shares rise by 3% after reporting better-than-expected growth in both top and bottom lines for its fiscal second-quarter earnings.
Intercontinental Exchange — The parent company of the New York Stock Exchange rose more than 3% after acquiring a $2 billion stake in the prediction market platform Polymarket. This deal values Polymarket at approximately $8 billion, showcasing the growing interest in prediction markets.
Galaxy Digital — Shares jumped nearly 3%, building on Monday’s gains after the digital assets investment platform introduced a new trading system called GalaxyOne, reminiscent of Robinhood’s user-friendly approach.
Brinker — The owner of the Chili’s restaurant chain saw its stock rise more than 2% following an upgrade from JPMorgan, which moved its rating from neutral to overweight. The bank believes that investors have been overly focused on challenging comparable store sales, overlooking the factors that could help Chili’s regain its sales momentum.
AppLovin — Shares added 1% in premarket trading after experiencing a 14% drop on Monday. This decline was triggered by reports that the U.S. Securities and Exchange Commission is investigating the mobile advertising firm’s data collection practices.
— Reporting contributed by CNBC’s Sarah Min, Fred Imbert, Alex Harring, Michelle Fox, and Spencer Kimball. (For insights on the best strategies for 2026 from experts at the NYSE, join Josh Brown and others at CNBC PRO Live. Tickets and information available here.)
