
Daily US Stock Market News Briefing (March 27, Thursday)
Individual Stock News
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Trump announces auto tariffs, U.S. auto stocks fall before the market opens.
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Reports say Google (GOOG.O) will completely close its doors to develop the Android operating system starting next week, but this does not mean it will be closed source.
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According to insiders, OpenAI is about to complete a $40 billion financing round led by SoftBank Group.
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Apple (AAPL.O) is considering acquiring a new company founded by OpenAI's former CTO for an amount reaching $10 billion.
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Micron Tech (MU.O) has confirmed in a letter that prices for memory and storage products will increase, with a rise of 10%-15%.
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Baidu (BIDU.O) is set to launch its Kunlun chip cluster soon while continuing to iterate on its models.
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Daiwa Capital Markets has lowered Tesla's (TSLA.O) target stock price from $420 to $300.
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GameStop (GME.N) plans to raise $1.3 billion to purchase Bitcoin.
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Nio (NIO.N) plans to raise HKD 3.5 billion through a placement in the Hong Kong stock market