U.S. equities experienced a boost, with the Dow Jones Industrial Average climbing about 100 points on Monday.
Alphabet Inc. (NASDAQ: GOOGL) witnessed a significant uptick in its stock price during Monday’s trading session amid reports of potential integration of Google Gemini into Apple Inc.’s (NASDAQ: AAPL) iPhones.
According to Bloomberg, Apple and Google are actively engaged in talks to embed Google’s Gemini AI engine into the iPhone.
Alphabet shares surged 6.3% to reach $150.09 on Monday.
Several other prominent equities also made notable gains during today’s trading:
- Brand Engagement Network, Inc. (NASDAQ: BNAI) saw its shares skyrocket by 33.7% to $14.14 following a 40% increase on Friday.
- Nuvei Corp (NASDAQ: NVEI) climbed 25.8% to $27.24 after announcing considerations for going private.
- NuScale Power Corporation (NYSE: SMR) recorded a 21% gain, closing at $9.50, with favorable updates from Canaccord Genuity analysts.
- EHang Holdings Limited (NASDAQ: EH) experienced a 17% rise to $17.90 after reportedly debuting its EH216-S flying taxi on Taobao.
- Qurate Retail, Inc. (NASDAQ: QRTEB) advanced by 15.9% to $5.47.
- Latham Group, Inc. (NASDAQ: SWIM) surged 15.7% to $3.32 post Stifel’s stock upgrade and increased price target.
- D-Wave Quantum Inc. (NYSE: QBTS) showed a 10.6% increase to $2.3005 with plans to expand its executive team for market growth and innovation enhancement.
- Tilray Brands, Inc. (NASDAQ: TLRY) observed a 9.8% rise to $1.9001.
- Graphjet Technology Sdn. Bhd. (NASDAQ: GTI) gained 9.3% to $12.90.
- HashiCorp, Inc. (NASDAQ: HCP) went up by 8% to $28.62 following reports of potential sale considerations.
- Nyxoah S.A. (NASDAQ: NYXH) added 8% to $17.87, with an optimistic outlook from Oppenheimer analysts.
- Soho House & Co Inc. (NYSE: SHCO) rose by 7.4% to $5.34, supported by an analyst’s maintained buy rating.
- FutureFuel Corp. (NYSE: FF) surged by 7.1% to $7.56 after declaring a special cash dividend.
- ATRenew Inc. (NYSE: RERE) saw a 7.1% increase to $1.80.
- XPeng Inc. (NYSE: XPEV) gained 4.3% and reached $10.06 on news of upcoming affordable EV models.
- NVIDIA Corporation (NASDAQ: NVDA) experienced a 3.9% rise to $912.29, with analysts boosting price targets.
- PepsiCo, Inc. (NASDAQ: PEP) climbed by 3.5% to $170.40, as analysts raised the company’s rating and set a new price target.
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