Daily Stock Spotlight

Good evening. Another day of booming demand for AI brings another win for the U.S. stock markets. Rising demand for AI servers has fueled a surge in semiconductor stocks today, echoing Friday's performance.

⬆ 251.39% fuboTV (NYSE: FUBO)

The struggling sports streaming service, went skyrocketing today after the company agreed to merge fuboTV with Hulu + Live TV, owned by Walt Disney, under the fuboTV name and ticker. FuboTV will own 30% of the new company, while Disney will own 70%.

⬆ 11.61% MicroStrategy (NASDAQ: MSTR)

The software company continues to uphold its promise to make Bitcoin its main treasury reserve, with plans to issue $2 billion in preferred stock and loans to fund additional cryptocurrency purchases.

⬆ 10.45% Micron Technology (NASDAQ: MU)

Speculation surrounds the semiconductor company as Nvidia's CEO is expected to discuss new hardware featuring Micron's technologies during his highly anticipated presentation at CES (Consumer Electronics Show) this evening.

⬆ 9.36% Super Micro Computer (NASDAQ: SMCI)

Analysts published bullish coverage on the tech company’s stock, stating that new hardware from Nvidia could boost the server specialist's performance—potentially to be discussed at CES this evening.

⬆ 5.83% Asana (NYSE: ASAN)

The work management tool’s stock jumped today following an analyst upgrade, citing 'the company's stabilization, cost management, and promising AI innovations.

⬇ 4.97% Palantir Technologies (NASDAQ: PLTR)

Contrary to the 2 stocks above, a Morgan Stanley analyst downgraded the software company’s stock with an Underweight rating.

⬇ 12.66% MINISO Group (NYSE: MNSO)

The Chinese retailer and variety store chain’s stock dipped after announcing a $550 million fundraising plan to support operations, marketing, global growth, and share buybacks.

⬇⬆ 1-day change
Market data: today’s market close