Skydance (SKYD) stock fell 22.33% to $7.05 as 471M warrants began separate NYSE trading. NYSE adjusted reference price from $9.27 to $9.07.
Rivian (RIVN) stock dropped 3.14% Wednesday as the EV maker expanded its Redwood Materials partnership to include battery recycling and energy storage.
Bastion Trading demands full disclosure from SkyAI after its Solana holdings fell 70%, threatening to boycott the company’s $201 million share buyback offer.
Apple shares gained 1.4% to $346.16 after unveiling HomeView at $299. The company will introduce paid cloud AI features without announced pricing.
GlobalFoundries (GFS) shares jumped 4.5% after Japan agreed to fund up to $21 billion for two New York semiconductor plants targeting 2029 operations.
CoreWeave (CRVW) stock plunged 16% as bond yields neared 15%, raising concerns about AI infrastructure debt and climbing borrowing costs across tech.
Broadcom (AVGO) stock has dropped 28% from its peak despite $16.7B in AI chip revenue as financing concerns and valuation worries weigh on shares.
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