Astera Labs (ALAB) fell 7.2% to $104.41, now 60% below its high. Analysts maintain Buy ratings with $202 targets despite insider selling and weak technicals.
McCormick (MKC) stock rises 1% on news of acquiring Unilever’s food business for $44.8B, adding iconic brands like Hellmann’s and Knorr to its portfolio.
AMC stock gained 6% after ‘Project Hail Mary’ achieved the chain’s top opening weekend of 2026, though trading volume dropped 88% from typical levels.
ON Semiconductor (ON) stock gains after securing a supply agreement with Sineng Electric for hybrid power modules in solar inverters and energy storage systems.
BullFrog AI (BFRG) stock surged 106% after announcing a drug discovery partnership with a top-5 pharma company targeting major depressive disorder.
Stock futures climbed Tuesday as Trump indicated he may end Iran conflict without Hormuz reopening. Dow up 1%, S&P 500 and Nasdaq futures also gained.
Nebius (NBIS) stock rose 3% after announcing a $10B+ AI data center in Finland. The company leads neocloud peers with 10% YTD gains backed by Nvidia.
Saronic Technologies raises $1.75B at $9.25B valuation to build autonomous warships. Kleiner Perkins leads round for drone boat manufacturer.
Oil prices surge past $110 with Brent up 50% in March as Iran conflict blocks Strait of Hormuz. Gas prices exceed $4/gallon for first time since 2022.
Eli Lilly (LLY) stock rises after announcing $6.3B acquisition of Centessa Pharmaceuticals, targeting sleep-wake disorder treatments and AI drug discovery.