Alibaba (BABA) stock climbed 3.6% after its cloud unit raised cybersecurity prices up to 50%, with Barclays keeping a Buy rating and $186 price target.
OpenAI introduces GPT-5.4-Cyber for verified cybersecurity professionals, following Anthropic’s Mythos launch that drew warnings from U.S. regulators.
Stellantis (STLA) stock jumped 4% after Q1 shipments rose 12% to 1.36M vehicles, with North America up 17% and Europe climbing 12% on new model launches.
Bank of America (BAC) beat Q1 estimates with $1.11 EPS. Trading revenue climbed 13% while investment banking fees surged 21% on robust M&A activity.
Hermès (RMS.PA) stock plunged 13% after Q1 revenue of €4.07B missed forecasts, with Asia-Pacific slowdown and Middle East conflict weighing on growth.
Gold declined 1% Wednesday as US-Iran ceasefire negotiations advance. Inflation worries and high interest rates weigh on prices. Here’s the market outlook.
Snap (SNAP) stock surged 9% after revealing plans to eliminate 1,000 positions and reduce annual costs by $500M in response to investor demands.
GitLab (GTLB) stock surged 7.6% premarket after expanding its Google Cloud partnership, integrating Duo Agent Platform with Gemini AI models via Vertex AI.
GitLab (GTLB) stock surged 7.6% premarket after announcing expanded Google Cloud partnership integrating Duo Agent Platform with Gemini AI models.
Nvidia (NVDA) stock gained 3.8% after introducing Ising quantum AI models, delivering faster performance and superior accuracy for quantum computing.