Pre-Market News Roundup for US Stocks: Morgan Stanley Upgrades Robinhood’s Rating; Apple Officially Announces New CEO; Meta Calls Off Manus Acquisition
3 days ago
Pre-market key news for US stocks on Tuesday: 1. Morgan Stanley upgrades Robinhood, noting the market has undervalued the monetization potential of Robinhood’s existing user base. 2. Hut 8’s Texas data center is reportedly included in Anthropic’s $35 billion AI computing power deal. 3. Meta Platforms (META.O)’ acquisition of Manus has been called off, with the founding team regaining full control, according to reports. 4. Apple (AAPL.O)’ official website updated that John Ternus has officially assumed the role of Apple CEO. 5. Anthropic and Lambda, a cloud service provider backed by NVIDIA, have struck a $35 billion cloud computing deal, with data center leasing rights held by NVIDIA. 6. OpenAI’s advertising business is growing rapidly, with annualized revenue exceeding $1 billion. 7. Per relevant legal documents: Apple (AAPL.O) alleges in its trade secret lawsuit against OpenAI that the defendant used Apple’s proprietary information to train AI agents. 8. U.S. Department of Commerce: Meta Platforms (META.O) CEO Mark Zuckerberg will attend the tech-focused G20 meeting via video conference.
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