Space Exploration Technologies (SPCX) has agreed to acquire Anysphere, which operates artificial intelligence coding agent Cursor, in a deal valued at about $60 billion.
Shares jumped 10% intraday, boosting its market value above that of Amazon (AMZN). More than 240 million shares traded intraday, compared with a daily average of about 384.9 million.
CervoMed (CRVO) shares soared 115% after the company reported to the Securities and Exchange Commission an insider stock purchase worth $3 million late Monday.
Over 174.2 million shares traded intraday versus a daily average of roughly 118,000.
Netflix (NFLX) is one of several media companies interested in acquiring Lionsgate Studios (LION), Semafor reported Tuesday, citing a person familiar with the matter.
Shares of Lionsgate rose 10% as intraday trading volume grew to over 10.4 million from a daily average of about 3.3 million.
Price: $211.93, Change: $+19.43, Percent Change: +10.09%