Oracle (ORCL) stock jumped 4.8% after announcing mass layoffs. The cuts support a $50B AI spending plan with restructuring costs reaching $2.1B.
MercadoLibre (MELI) is discontinuing Mercado Coin on April 17, 2026, ending its crypto rewards program while maintaining $38M in bitcoin holdings.
Disney (DIS) stock trades at 13.7x forward earnings—similar to cruise operators. Needham analyst says re-rating as media stock could double valuation.
Bitfarms (BITF) stock gains after CEO confirms complete bitcoin exit. Company pivots to AI data centers, plans rebrand to Keel Infrastructure by 2026.
Snap (SNAP) stock climbed 13% after Irenic Capital revealed a 2.5% stake and proposed staff reductions, project cuts, and AI focus to reach $26.37 target.
Dow climbed 1,000+ points and Nasdaq surged 3.4% Tuesday as Iran signaled readiness to end conflict with U.S., sending stocks and crypto higher.
Meta (META) stock rose 4% after launching two prescription Ray-Ban smart glasses at $499, featuring AI translation and nutrition tracking capabilities.
Super Micro Computer (SMCI) stock has plunged 65% from its peak after co-founder Wally Liaw’s indictment. Major investors are calling it uninvestable.
Amazon (AMZN) partners with Delta to bring Leo satellite internet to 500 aircraft by 2028, offering speeds up to 1 Gbps as it challenges Starlink’s lead.
NIO (NIO) stock gained 3.8% after unveiling its first Americas showroom in Costa Rica. Q1 delivery results expected Wednesday with 80K-83K vehicle target.