
Daily US Stock Market News Briefing (April 3, Thursday)
Important News
- The number of layoffs by U.S. Challenger companies in March recorded 275,240, the highest since May 2020.
Individual Stock News
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Google (GOOG.O) is in deep talks with CoreWeave (CRWV.N) to plan to lease data center servers equipped with NVIDIA's latest Blackwell architecture GPUs.
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Microsoft (MSFT.O) has reportedly paused or delayed data center projects in multiple regions worldwide, including Indonesia, the UK, Australia, Illinois, North Dakota, and Wisconsin in the U.S.
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Royal Bank of Canada has lowered the target price for Google (GOOG.O) from $235 to $200 and for Meta (META.O) from $800 to $740.
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According to three insiders, Ford Motor Company (F.N) plans to launch promotional discounts on multiple models starting Thursday.
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Siemens has agreed to acquire Dotmatics for $5.1 billion as part of a strategic initiative to provide more AI software to life sciences companies.
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Reports indicate that German automotive giant Volkswagen (VWAGY.US) will impose "import fees" on vehicles affected by the 25% tariff imposed by U.S. President Donald Trump.
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Apple CEO Tim Cook sold 108,136 shares of Apple (AAPL.O) on Wednesday, cashing out approximately $24.18 million