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Exploring Monday's Stock Market Movers
USAMonday, December 2, 2024
BlackRock is making waves by considering a move into private credit, eyeing a deal to buy HPS Investments for a cool $12 billion. In tech news, Jeff Bezos and Samsung are teaming up to invest in an AI chip startup, Tenstorrent. This startup is being seen as a potential challenger to Nvidia.
Medical device companies are also making headlines. Morgan Stanley is now bullish on Intuitive Surgical, seeing big opportunities in areas like brain tumor removal. Disney is also back in the spotlight, with "Moana 2" raking in $221 million over the Thanksgiving weekend.
Tesla is offering 0% loans in China to boost sales, and Roth MKM has upgraded it to a buy. Lastly, Marvell Technology is looking strong, with its price target lifted to $122 after its CEO bought a million dollars worth of stock.
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