SpaceX has reduced its target IPO valuation to $1.8 trillion.

Anthropic has reportedly raised capital at a valuation of $965 billion, surpassing OpenAI.

A Blue Origin rocket exploded during a test of one of its engines.

The Russell 2000 index increased by approximately 1.7% during the trading day, closing at a record high.

AutoZone's stock declined 9%, marking its worst trading day since 2022.

D.A. Davidson analyst Michael Baker stated that while AutoZone delivered its best quarter in some time, investor expectations were too high.

AutoZone's total revenue fell short of forecasts, and the company reported sluggish growth in its international markets of Mexico and Brazil.

Ferrari's stock declined by approximately 8% after the debut of its new electric vehicle, the Ferrari Luce.

An analyst unfavorably compared Ferrari's new electric vehicle, the Ferrari Luce, to a mix between a Honda Accord EV and a Tesla Model 3.

Lenovo reported a 38% increase in profit and a 20% rise in revenue for the fiscal year ending in March, driven by its AI-related business.

IMAX is exploring a potential sale and has approached several entertainment companies to gauge their interest in an acquisition.

AI-related revenue accounted for 38% of Lenovo's total sales in its last quarter and grew at an 84% rate.

Delivery Hero, a German delivery service platform, has a market value of approximately $11.8 billion.

Uber is exploring a full takeover of Germany-based Delivery Hero to better compete with DoorDash in markets outside of the United States.

Regeneron's experimental melanoma drug failed its Phase 3 trial because it did not show a statistically significant improvement in progression-free survival compared to Merck's Keytruda.

Regeneron received at least 10 analyst downgrades following the failure of its Phase 3 trial for its melanoma drug.

Seagate Technology's management stated that the company will be unable to keep up with soaring demand for its chips because building new factories would take too long.

The S&P 500 is on track for its seventh consecutive day of gains, the longest winning streak for the index since October.

Deutsche Bank forecasts that S&P 500 companies will report year-over-year EPS growth as high as 19% for the first quarter.

Analysts expect S&P 500 companies to achieve double-digit full-year earnings growth, estimated at around 12%.