Leggett & Platt (LEG) stock rises 5.7% as Somnigroup announces $2.5B all-stock acquisition. Deal expected to close by end of 2026 pending approval.
Author: Oli Dale
KeyBanc upgrades T-Mobile (TMUS) to Overweight with $260 price target, seeing 33% upside potential from AI investments and EBITDA growth opportunities.
Stock futures fell sharply and oil prices topped $100 as Trump ordered a Navy blockade of the Strait of Hormuz after Iran peace talks collapsed.
Goldman Sachs (GS) shares climb after crushing Q1 expectations with $5.63B earnings, record equities revenue, and 48% surge in investment banking fees.
IDEAYA Biosciences (IDYA) stock surged 26% after Phase 2/3 trial showed its eye cancer drug combo doubled progression-free survival versus standard care.
SanDisk (SNDK) stock rises after Nasdaq 100 inclusion announcement. The memory maker replaces Atlassian (TEAM) on April 20 following a 2,439% annual surge.
KeyBanc analyst sets $600 target for Micron (MU) stock, projecting 40% upside driven by AI chip demand and supply constraints through 2027.
BofA upgrades ON Semiconductor (ON) to Buy with $85 target, driven by AI expansion, Treo products, and $6B buyback. Stock up 96% over past year.
AleAnna (ANNA) stock rises after Q4 revenue surges 1,080% to $9.1M, driven by production from its Longanesi gas field in northern Italy.
Tesla (TSLA) stock drops 0.9% on geopolitical concerns despite securing its first European FSD approval in the Netherlands after 18 months of testing.