Traders are halfway through the week, and the stream of stock market news hasn’t slowed down yet. Let’s get into that with a breakdown of the biggest market happenings below.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
- McDonald’s (MCD) stock rallied even after the fast-food company’s Q3 2025 EPS missed estimates.
- International Business Machines (IBM) stock gained after the computer company announced layoffs.
- Tesla (TSLA) stock was up as investors prepared to vote on Elon Musk’s pay package.
- FG Nexus (FGNX) stock increased after the company announced a master digital currency loan agreement.
- China has ordered state-backed data centers to only use local chips for AI.
- Biohaven (BHVN) stock plummeted alongside a negative update from the FDA.
- Cheer (CHR) stock surged after the data company revealed two buyout offers.
- Advanced Micro Devices (AMD) stock was up alongside new analyst coverage.
- AMD stock also got a boost from a license to export its AI chips to China.
- Palantir Technologies (PLTR) stock rallied on plans for an AI expansion in the United Arab Emirates.
- Microsoft (MSFT) also revealed plans to expand AI use in the UAE.
- Eli Lilly (LLY) stock jumped after one of its rivals announced layoffs.
- Joby Aviation (JOBY) stock was up on news it started new tests for its eVTOLs.
- Bank of America (BAC) stock was hit after the financial firm revealed new growth targets.
- SiriusXM (SIRI) stock rallied as the season for Christmas music began.
- Nintendo (NTDOF) stock was on the move alongside a patent update.
Read more of the top stock market stories at TipRanks.