Market News Today — AI-Curated Stock & Crypto Headlines

Carvana Co.

Defense-tech firm Lyntris Inc.

Shares of Spain's Deoleo, the world's largest olive oil bottler, jumped nearly 16% following news of an intensifying takeover battle among rival companies.

Unitree Robotics, a Chinese robot manufacturer, experienced an extraordinary debut on the Shanghai stock exchange, with its shares soaring 542% on the first day of trading.

Bullish shares surged 10% following the release of Q2 earnings, which saw adjusted EBITDA more than triple and subscription and services revenue reach a record high.

Sanrio Co.

The Reserve Bank of India's proposal to ban revolving credit facilities for shadow lenders caused Bajaj Finance Ltd.

WPP Plc shares experienced their largest surge since their 1995 IPO, signaling strong investor confidence in the advertising agency's reported progress in its turnaround efforts.

Rolls-Royce shares jumped 4% after reporting over 50% order growth in its data center power business during the first half of the year, driven by the AI buildout, alongside a boost from the defense sector.

Teradyne (TER) shares jumped 9% after reporting better-than-expected second-quarter earnings and solid quarterly guidance, which successfully impressed Wall Street despite high expectations for AI-related companies.

Tesla and Alphabet shares experienced premarket slumps after both companies indicated higher spending on artificial intelligence, sparking investor concerns about potential impacts on profitability and margins.

IBM shares experienced their largest decline in nearly six decades following preliminary second-quarter sales that missed expectations, primarily due to customers reallocating spending towards AI-related chips and servers amidst ongoing shortages.