Latest news with #TanayaMacheel
CNBC
2 days ago
- Business
- CNBC
Stocks making the biggest moves premarket: Synopsys, Tripadvisor, Datadog, Robinhood and more
Check out the companies making headlines in premarket trading. Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged more than 9% after S & P Global added it to the S & P 500 index , effective before trading starts July 9. The move will force passive index funds to buy Datadog shares to reflect the composition of the underlying, benchmark index. Tripadvisor — The online travel-review company popped 7% following a Wall Street Journal report that activist investor Starboard took a 9% stake. Robinhood — The online brokerage fell nearly 2%, giving back some of its 6% rally Wednesday. Robinhood was seen as a leading candidate to replace Juniper Networks in the S & P 500, and privately-held OpenAI is pushing back against Robinhood's recent announcement of tokenized shares in the artificial intelligence startup. Crypto stocks — Stocks with ether (ETH) treasury ambitions extended gains a second day amid a surge of renewed interest in stablecoins and stock tokenization, both of which are largely supported by the Ethereum network. Bit Digital rose 6%, while betting platform SharpLink Gaming jumped 9%. BitMine Immersion Technologies was little changed but has surged more than 1,000% since announcing its own ETH treasury plans Monday. Kratos Defense and Security Solutions — The drone maker added 1.5% after RBC Capital Markets reiterated an outperform investment opinion. The firm raised its 12-month price target on Kratos, believing the small cap defense tech sector will continue to outperform, driven by growth in fiscal 2026 defense spending and "valuation mismatches." Kratos shares are coming off of a a fresh 52-week high earlier this week. — CNBC's Tanaya Macheel, Pia Singh, Jesse Pound, Dylan Butts and Michelle Fox contributed reporting
CNBC
5 days ago
- Business
- CNBC
Wall Street expresses concern over Circle valuation
CNBC's Tanaya Macheel joins 'Squawk on the Street' to discuss the Street's reaction to Circle.
CNBC
14-05-2025
- Business
- CNBC
Robinhood competitor eToro set to go public
CNBC's Tanaya Macheel joins 'Squawk on the Street' with the latest news on eToro's plans to go public.
CNBC
08-05-2025
- Business
- CNBC
Coinbase to acquire Deribit
CNBC's Tanaya Macheel joins 'Halftime Report' to discuss the latest news on crypto after Bitcoin climbs back over $100k and Coinbase inks a deal to acquire Deribit. The Investment Committee share their crypto strategy.
