Individual Stock News
1. Documents show that Walmart (WMT.N), Microsoft (MSFT.O), and Tiger Global sold shares in PhonePe, an Indian digital payments and financial services company, during its Indian IPO.
2. Mizuho Securities lowered its target prices for several tech companies. Mizuho lowered its target price for Atlassian from $245 to $225, Cloudflare from $280 to $255, and Microsoft (MSFT.O) from $640 to $620.
3. Pfizer (PFE.N) has submitted a new indication application for its Class 1 new drug, "Matacitumab Injection," in China.
4. BitGo (BTGO.N), the first crypto IPO of the year, debuted on the NYSE on Thursday, exceeding expectations with a price of $18 per share.
5. Apple (AAPL.O) plans to launch its first wearable AI pin in 2027, with an initial production run of up to 20 million units. 6. Alibaba (BABA.N) is reportedly planning to IPO its AI chip manufacturing division, "Pingtouge".
7. GE Aerospace (GE.N) reported adjusted revenue of $11.87 billion in the fourth quarter, a 20% year-over-year increase; adjusted earnings per share were $1.57.
8. Moderna (MRNA.O)'s mRNA tumor vaccine's efficacy is confirmed by five years of data.
9. Critical Metals (CRML.O) signed a memorandum of understanding to establish a rare earth processing plant in Saudi Arabia.
