Thursday’s Market Highlights: Retail Shifts, AI Deals, and Crypto Moves
H&M considers price adjustments to offset tariff impacts as its shares rally. Nestle commits to removing artificial dyes, signaling a broader industry shift toward clean labels. Semiconductor firm Micron enjoys a bullish price target revision from Mizuho Securities, reflecting Optimism in memory chip demand.
Palantir secures momentum with a nuclear AI data center contract, while Ascent Solar soars on NASA collaboration. Barclays tightens financial controls with a credit card ban on crypto purchases—a contrast to SoFi's expansion into stablecoin services, underscoring divergent institutional approaches to digital assets.
Lyft engages drivers in autonomous vehicle policy discussions, and Rocket Lab's stock ascends with new launch agreements. The day's activity highlights evolving intersections of technology, regulation, and consumer trends.