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Shares of Trump Media & Technology soared more than 1% in premarket trading, building on an 11% increase from the previous session. This surge came after Donald Trump, the majority owner, stated that he has no intentions of selling his stake in the company. Upstart Holdings saw a 4% decline after announcing a $300 million debt offering, while Apple’s stock dropped over 2% due to reports of softer demand for iPhone 16 Pro models. Bausch + Lomb experienced an 11.5% jump following news of a potential sale. Alcoa rose 1.4% after selling its stake in the Ma’aden mining joint venture, and Intel increased by 1.3% due to reports of qualifying for military chip contracts. On the flip side, Micron Technology slid 2.8% after a price target cut, while ASE Technology gained 1.7% following an upgrade from Morgan Stanley. Colgate-Palmolive, Ally, Synchrony Financial, Sprouts Farmers Market, Yelp, and Zillow all experienced fluctuations based on analyst actions and market trends.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
