Amazon Stock (AMZN) Falls 2% as Nasdaq Correction Overshadows Fresh AWS Bull Calls

Amazon.com slipped roughly 2% in after-hours New York trade Thursday, landing at $207.54. Tech names broadly sold off, dragging the Nasdaq down 2.38%—now sitting 10.7% off its Oct. 29 record close.

Crypto Stocks to Watch Today: MARA Bucks Selloff as Bitfarms, HIVE, CleanSpark, Riot, Bitdeer and Galaxy Stay in Focus

Crypto Stocks to Watch Today: MARA Bucks Selloff as Bitfarms, HIVE, CleanSpark, Riot, Bitdeer and Galaxy Stay in Focus

Crypto-related stocks went their separate ways Thursday. Shares of MARA climbed 3.7% in the afternoon, following news that the company unloaded 15,133 bitcoin to help pay for a debt buyback. Bitcoin itself slipped 3.8% to around $68,201. Elsewhere, CleanSpark, Riot Platforms, Bitfarms, HIVE Digital and Galaxy Digital all dropped between 5% and 10%. Bitdeer barely moved.
Intel Stock Price Jumps After 18A PC Launch Gives Wall Street Fresh Turnaround Proof

Intel Stock Price Jumps After 18A PC Launch Gives Wall Street Fresh Turnaround Proof

Intel finished Wednesday up 7.1% at $47.18 after unveiling its Core Ultra Series 3 business PCs, the first to use its 18A manufacturing process. The new lineup is set to power over 125 different designs, with shipments kicking off March 31. Along with that, Intel introduced its Arc Pro B70 and B65 graphics cards. David Feng, a vice president in the client computing group, described this as Intel’s “most expansive and capable commercial portfolio” yet. Executive Anil Nanduri pointed to the Arc Pro range as built for “AI builders at scale.”
Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk to Spend $1 Billion on Nanya in AI-Era Push to Lock In DRAM Supply

Sandisk on Wednesday announced plans to put about $1 billion into Taiwan’s Nanya Technology, tying the investment to a multi-year DRAM supply deal and taking a 3.9% equity stake in the process. The U.S. flash-memory maker is looking to lock in access to another key memory part. In U.S. trading, Sandisk shares slipped 3.5%. Nanya’s Taipei-listed shares, meanwhile, jumped 4.6%.
Grab Stock Climbs 4% After $400 Million Buyback, Foodpanda Taiwan Deal Draws Analyst Support

Grab Stock Climbs 4% After $400 Million Buyback, Foodpanda Taiwan Deal Draws Analyst Support

Shares of Grab Holdings jumped 4.1% to finish at $3.79 on Tuesday, after the Singapore-based ride-hailing and delivery firm announced plans to repurchase up to $400 million of its stock over the next four months. The buyback includes a $250 million accelerated share repurchase — a method that quickly reduces the outstanding float — and a separate agreement with Morgan Stanley to buy back up to another $150 million.
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
View full portfolio
Editorial model selection. Not personalised advice.
MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Consumer Confidence • 10:00 ET

A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.

#2

New Home Sales • 10:00 ET

Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.

#3

Intuit earnings • After close

Guidance can influence software multiples and sentiment around U.S. small-business activity.

View full calendar
Times and estimates may change. Verify before trading.