Thursday’s Market Movers: Boeing Crashes, Xpeng Stumbles, and Helium Soars
Boeing shares tumbled after a fatal jet crash reignited safety concerns, while Xpeng''s self-proclaimed chip superiority failed to impress investors amidst Nvidia''s dominance. New Era Helium skyrocketed on AI data center ambitions, contrasting sharply with Intensity Therapeutics'' plunge following a dilutive public offering.
Alphabet''s AI-driven ad shift continues to disrupt traditional publishers, even as Airbus maintains bullish demand forecasts despite macroeconomic headwinds. The analyst community remains divided—Jefferies boosted First Solar while Fitch downgraded Warner Bros. Discovery to junk status.
BioNTech''s $1.25 billion CureVac acquisition signals biotech consolidation, though KeyBanc expressed skepticism toward Oracle''s cloud projections. Volato''s partnership-fueled surge highlights the market''s appetite for strategic deals in volatile conditions.