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Rezolve AI Jumps 22% on Google Cloud Web3 Adoption
Rezolve AI (RZLV) surged 22% to $2.96 after Google Cloud adopted its database for Web3, adding $211M in market value. Volume hit 98.4M shares.
DICK'S Sporting Goods Plunges 31% as Foot Locker Warning Spurs $4.9B Selloff
DICK'S Sporting Goods shares tumbled 30.7% after Foot Locker's profit warning wiped out $4.9 billion in market value, marking the retailer's worst single-day drop ever.
Alibaba Rebounds as $10.2B AI Placement Dilutes Shares
Alibaba's US shares rebounded 0.82% to $119.44 after a $10.2 billion AI placement. The deal expands shares by 3.57%, with insiders buying ~1% of the sale.
SpaceX's $100B Louisiana Gamble: Stock Climbs 2.2%
SpaceX announced a $100 billion investment in Starbase Louisiana, sending shares up 2.2% to $137.95. The massive project includes 10 launch pads and thousands of launches.
Nvidia Options Signal $280B Swing as Chip Giant Prepares Q2 Report
Nvidia shares gained 2.2% Tuesday as options traders positioned for a $280 billion market-cap swing ahead of the company's fiscal Q2 earnings report due Wednesday.
ASX Edges Up as Retail Results Offset Tech Slump Ahead of CPI
The ASX 200 advanced 0.23% as retail heavyweights Woolworths and Lovisa rallied on strong results, while tech stocks lagged ahead of key CPI data.
Yuan Pulls Back from 3½-Year High as PBOC Fixing Signals Intervention
The yuan slipped from a 3½-year high after the PBOC's midpoint came in 633 pips below market estimates, signaling a curb on appreciation. USD/CNY closed near 6.72, and KWEB rose 0.61%.
Copper Hits Record $6.71 as Tariff-Driven Stockpiles Reach 675,185 Tons
COMEX copper surged to a record $6.7115/lb, while U.S. tariffs kept 675,185 tons in domestic warehouses, tightening global availability.
Madison Air Surges 12% After $2.25B Placement for ebm-papst Deal
Madison Air (MAIR) shares surged 12.1% to $27.99 after securing $2.25B through a share placement to finance its $5.4B acquisition of ebm-papst.
Korean Block Trading Commences Following Asian Equities Rebound
Korea's pre-market block trading is active after Asia's broad rebound. KOSPI recovered from a 4% drop, but foreign selling and Nvidia's earnings keep chip risk elevated.