Evening digest: Bitcoin dips, Jamie Dimon warns on AI job risks

On Tuesday, Bitcoin saw a pullback while crypto-related stocks saw a decline.  Arm announced a move to in-house AI chip production while Jamie Dimon warned about AI-driven job losses in the US.  Bitcoin slips amid risk-off sentiment Bitcoin drifted lower on Tuesday, slipping back toward the $69,000 level as broader weakness in equities spilled over… Continue reading Evening digest: Bitcoin dips, Jamie Dimon warns on AI job risks

ImmunityBio stock price crash: buy the dip or sell the rip?

ImmunityBio Inc (NASDAQ: IBRX) is under immense pressure on March 24 after the US Food and Drug Administration (FDA) issued a scathing warning letter over the firm’s promotional tactics. Investors bailed on IBRX as regulators alleged the company and its billionaire founder, Dr. Patrick Soon-Shiong, used a TV ad and a high-profile podcast to make… Continue reading ImmunityBio stock price crash: buy the dip or sell the rip?

Arm pivots to chipmaking with AI chip launch: what this could mean for ARM

Arm Holdings on Tuesday announced plans to design and sell its first in-house silicon product, marking a significant shift from its decades-long business model centred on licensing chip designs. The new processor, called the AGI CPU, is aimed at powering artificial intelligence workloads in data centres and is expected to open up a multi-billion-dollar revenue… Continue reading Arm pivots to chipmaking with AI chip launch: what this could mean for ARM

Corning stock jumps 9% as AI demand, analyst boost lift outlook

Shares of Corning surged more than 9% on Tuesday, as a bullish analyst note and optimism around artificial intelligence demand lifted investor sentiment. The glassmaker’s shares were trading at $143.38, up 9.5% from Monday’s close at the time of writing. The stock has already posted strong gains in 2026, rising more than 60% year to… Continue reading Corning stock jumps 9% as AI demand, analyst boost lift outlook

Why is Estée Lauder’s stock falling on talks of merger with Spain’s Puig?

Estée Lauder and Puig have confirmed they are in discussions over a potential merger that could create a luxury beauty group with a combined market capitalisation of around $40 billion, bringing together a portfolio of global brands spanning skincare, cosmetics, and fragrances. The companies said on March 23 that talks are ongoing, confirming earlier media… Continue reading Why is Estée Lauder’s stock falling on talks of merger with Spain’s Puig?

Volkswagen in talks to convert German plant for missile defence production

Volkswagen is in discussions with Rafael Advanced Defence Systems over a potential agreement to convert one of its German factories to produce missile defence components, the Financial Times reported, citing people familiar with the discussions. The proposed partnership would involve repurposing Volkswagen’s Osnabrück plant in Lower Saxony to manufacture parts for Israel’s Iron Dome air… Continue reading Volkswagen in talks to convert German plant for missile defence production

COIN, CRCL: why are crypto stocks seeing pressure today?

Digital asset heavyweights Coinbase (NASDAQ: COIN) and Circle (NYSE: CRCL) are facing an intense wave of selling pressure this Tuesday as a regulatory storm brews in Washington. The sudden downturn reflects growing investor anxiety over a potential legislative shift that could fundamentally alter how stablecoins – the very “glue” of the crypto economy – are… Continue reading COIN, CRCL: why are crypto stocks seeing pressure today?

Does FCC ruling position NetGear stock for market share gains?

NetGear Inc (NASDAQ: NTGR) is pushing aggressively to the upside this morning after the FCC announced a sweeping ban on the import of new foreign-produced wireless routers. Investors are cheering NTGR primarily because the Federal Communications Commission cited significant national security threats for its landmark ruling – effectively “sidelining” a bunch of its major international… Continue reading Does FCC ruling position NetGear stock for market share gains?

Jefferies stock jumps on SMFG takeover report

Shares of Jefferies Financial Group surged on Tuesday after reports suggested Japan’s Sumitomo Mitsui Financial Group (SMFG) is exploring a potential takeover of the US investment bank, even as conflicting signals emerged over the likelihood of a deal. Takeover report lifts Jefferies shares Jefferies stock rose as much as 14% in premarket trading following a… Continue reading Jefferies stock jumps on SMFG takeover report