
Morning News Wrap-Up: Wednesday's Biggest Stock Market Stories

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SHF Holdings (SHFS) stock surged on a share purchase agreement, while Micron (MU) received updated analyst coverage post-earnings. Harmony Biosciences (HRMY) fell due to a failed trial, and Tesla (TSLA) rose after Musk's pay package comments. Amazon (AMZN) gained from a $9 billion cloud initiative and positive Wells Fargo coverage. Fitell (FTEL) dropped after a crypto purchase, and Oracle (ORCL) slipped on a $15 billion bond sale. The Dow Jones rose amid U.S.-India trade talks, while Nvidia (NVDA) fell on leasing reports. Walmart (WMT) and Nintendo (NTDOF) stocks also saw gains.
- SHF Holdings (SHFS) stock rocketed higher on a share purchase agreement.
- Micron (MU) stock received updated analyst coverage after its latest earnings report.
- Harmony Biosciences (HRMY) stock took a beating on a failed clinical trial.
- Tesla (TSLA) stock gained after Elon Musk commented on his controversial pay package proposal.
- Amazon (AMZN) stock was up after it announced a $9 billion cloud push.
- Amazon stock also gained on positive analyst coverage from Wells Fargo.
- Fitell (FTEL) stock fell after the company made its first crypto purchase.
- The Dow Jones Industrial Average (DJIA) was up as the U.S. and India engaged in trade talks.
- Oracle (ORCL) stock slipped after the company announced a $15 billion bond sale to fund AI plans.
- LVMH (MC) is reportedly planning to purchase the French economic magazine Challenges.
- Rivian (RIVN) stock dipped after a probe was launched into its seatbelts.
- Marvell Technology (MRVL) stock took off alongside plans for a share buyback.
- Nvidia (NVDA) stock was down on reports that OpenAI wants to lease chips instead of buying them.
- Meta Platforms (META) stock decreased despite news of Instagram having 3 billion monthly active users.
- Riot Platforms (RIOT) stock climbed higher on positive analyst coverage.
- Honda Motor (HMC) stock slid after it revealed plans to end production of a vehicle in the U.S.
- Walmart (WMT) stock was up after it noted success from its ChatGPT integration.
- Nintendo (NTDOF) stock gained after Pocketpair faced criticism for its Palworld spinoff.
Read more of the biggest stock market stories at TipRanks.
