BUZZ-U.S. STOCKS ON THE MOVE- Tesla, Block, Alibaba Group

Reuters
2025.03.18 11:41
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U.S. stock index futures showed mixed signals ahead of the Federal Reserve meeting, which is expected to address economic impacts from tariff disputes. Notable stock movements include Alibaba Group rising on positive reviews, Tesla's shares declining after a price target cut by RBC, and Harrow Inc jumping due to optimistic Q4 sales predictions. Other stocks like Tencent Music, Coinbase, and Lucid Group saw gains, while Entergy Corp slipped following a share offering.

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March 18 (Reuters) - U.S. stock index futures struggled for direction on Tuesday ahead of the Federal Reserve’s upcoming meeting that will be closely monitored for commentary from the central bank on the potential economic ramifications of ongoing tariff disputes. (.N) Alibaba Group Holding Ltd (BABA.N) : BUZZ - Climbs on report highlighting positive reviews for Quark Tesla Inc (TSLA.O) : BUZZ - RBC cuts Tesla’s PT as competition intensifies; shares down Harrow Inc (HROW.O) : BUZZ - Jumps on predicting Q4 sales above estimate Tencent Music Entertainment Group (TME.N) : BUZZ - Rises on upbeat quarterly revenue Coinbase Global Inc (COIN.O) : BUZZ - Bernstein starts Coinbase with ‘outperform’ on positive regulatory outlook Lucid Group Inc (LCID.O) : BUZZ - Rises after Morgan Stanley upgrades to ‘equal-weight’ Entergy Corp (ETR.N) : BUZZ - Slips on $1.3 bln share offering Alpha Cognition Inc (ACOG.O) : BUZZ - H.C. Wainwright starts coverage on Alpha Cognition, bullish on next-gen Alzheimer’s therapy Block Inc (XYZ.N) : BUZZ - Gains after KBW upgrades to ‘outperform’ Genius Sports Ltd (GENI.N) : BUZZ - Guggenheim starts coverage on Genius Sports with ‘buy’ on platform, balance sheet strength