Check out the companies making headlines before Alibaba – U.S. list stocks of Chinese tech companies jumped 9.3% after Alibaba said it would increase spending on artificial intelligence models and development. We also announced new AI products and updates. Lithium America – Mining stocks have risen by more than 69% after Reuters reported, citing people familiar with the issue, saying the Trump administration is trying to acquire up to 10% of the company’s stake. Oracle-Database Software Company’s shares fell 1.4% amid uncertainty in the scope of controlling Tiktok’s algorithm as part of a transaction in which Oracle will purchase social media platforms alongside other Bigtech investors based in China. MICRON – Stocks fell nearly 1% even after stocks posted quarterly reports above expectations and bright current quarterly guidance. In 2025, stocks have almost doubled so far. Coinbase – Stocks rose 1.2% after Cruptocurrency Exchange collaborated with CloudFlare to launch the X402 Foundation and established a universal standard for AI-driven payments. Cryptocurrency stock rose alongside Bitcoin, up over 1%. Millerknoll – The home furniture company broke analyst estimates on Tuesday for quarterly revenue, boosting its stock by about 1%. Douglas Elliman – The luxury real estate brokerage shares rose about 1% after Reuters reported that Wall Street observers were investigating alleged insider trading activities related to a failed bid to take over the company. The probe is still in its early stages, the report said. Microsoft – Shares fell 1% after a technology company admitted in a blog post that existing chip cooling methods would cap the growth of AI fuels in its business over the next few years. The company also recently shared that it tested a new method of cooling silicon chips using microfluids. Nvidia – AI Chip Darling stocks rose 0.6%, rebounding from a loss of nearly 3% in the previous day’s trading. On Tuesday, chipmakers posted their worst day since August 29 amid growing concerns about the sustainability of AI trade. – Reported by CNBC’s Salamine, Sean Conlon, Yunley, Alex Hurling and Michelle Fox Theobaldo.
