Applovin CorpPositive analyst coverage drove AppLovin shares up 9.58%.
US stock futures are pointing slightly lower this morning, with E mini S&P 500 contracts down about 0.3% and Nasdaq 100 futures off roughly 0.6%, as investors weigh firm US bond yields against mixed global growth signals. The US 10-year Treasury yield is holding around 4.46% after May job openings reached a two-year high, signaling strong hiring demand and potentially keeping borrowing costs elevated. Among top movers, Bending Spoons surged 39.66% following its US$1.68 billion IPO, Reddit jumped 13.93% after being added to a major index-focused stock list, and AppLovin gained 9.58% on positive analyst coverage. On the losing side, Nebius Group fell 17.01% on reports of Meta planning a competing AI cloud offering, CoreWeave declined 13.92% amid analyst concerns about rising competition, and Corning dropped 13.62%. Global manufacturing PMIs and bond market moves are setting the tone for equity sentiment with a light US economic calendar.
Applovin CorpPositive analyst coverage drove AppLovin shares up 9.58%.
CoreWeave, Inc. Class A Common StockAnalyst concerns about rising competition caused CoreWeave to decline 13.92%.
Nebius Group N.V.Reports of Meta planning a competing AI cloud offering caused Nebius Group to fall 17.01%.
Reddit, Inc.Reddit jumped 13.93% after being added to a major index-focused stock list.
Corning IncorporatedCorning dropped 13.62% but no specific reason given in the article.
Tower Semiconductor LtdBending Spoons surged 39.66% following its US$1.68 billion IPO, a capital event.