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Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.

Alibaba Group Holding Ltd - ADR

Alibaba Group Holding Ltd

Alibaba is trending as its AI initiatives gain traction, including a major customer win for its AI chips, signaling growing domestic demand and a potential shift away from reliance on US tech. Community members are discussing price targets, Cathie Wood's renewed interest, and the potential impact of geopolitical factors on the stock. Some traders anticipate a continued rally, while others suggest caution due to overbought conditions and potential government actions.

Pyth Network is a decentralised oracle network designed to provide real-time financial market data to decentralised applications (dApps) across multiple blockchains. It allows developer to secure smart contracts with reliable, low-latency market data from institutional sources, and build apps with high-fidelity oracle feeds designed for mission-critical systems.

Pyth Network

Pyth Network is trending as the community anticipates the release of GDP data provided by Pyth. There is also speculation about potential allocations from other projects, like $DJT, with some users suggesting connections to other trending coins. The community is also actively discussing potential price movements and future adoption.

Rigetti Computing, Inc. provides full-stack quantum computing services. It serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The company was founded by Chad Rigetti in 2013 and is headquartered in Berkeley, CA.

Rigetti Computing Inc

RGTI is trending as retail traders eye further gains, drawing comparisons to Nvidia and Google's YTD performance. Community discussion revolves around the momentum in quantum computing, with some highlighting the company's partnerships and others questioning its valuation relative to revenue. Recent news of government contracts may be contributing to the bullish sentiment.

BrokeCoin is a meme-meets-utility cryptocurrency project operating under the ethos of Transparency, Community, and Respect. Formally registered as an LLC in Wyoming, USA, BrokeCoin is building an expansive ecosystem that combines light-hearted spirit of meme culture with real-world crypto utilities—spanning gaming, staking, NFTs, web services, and an e-commerce platform. Brokecoin believes in developing useful and interesting meme-inspired utilities to both service the crypto industry, and generate value for holders.

Brokecoin

Brokecoin is trending as the community rallies around its listing on Bifinance and the upcoming release of a mobile app. Discussions highlight the coin's resilience, community-driven development, and potential for significant growth. The community emphasizes its unique approach and grind, attracting attention within the Solana meme coin space.

Firecoin is a digital asset inspired by the concept of the eternal flame, representing energy, resilience, and guidance. It is designed to act as a decentralized token that embodies light and strength, giving holders a sense of empowerment in the digital economy. The project’s purpose is to create a community-driven ecosystem where Firecoin symbolizes progress, illumination, and the ability to move forward regardless of challenges. By leveraging blockchain technology, Firecoin aims to provide transparency, security, and accessibility to its users while maintaining its thematic connection to the symbolic power of fire.

firecoin

FIRECOIN.X is trending as community members signal their conviction with repeated "I am IN" declarations and calls to "BUY." The enthusiasm suggests many believe FIRECOIN.X is primed for a substantial move, potentially outperforming other tokens on the Solana blockchain.

What is the project about? Pepe is a community based meme token surround the iconic meme Pepe the frog. Pepe aims to leverage the power of such an iconic meme to become the most memeable memecoin in existence.   What makes your project unique? Pepe is here to make memecoins great again. Ushering in a new paradigm for memecoins, Pepe represents the memecoin in it's purest simplicity. With zero taxes, liquidity locked forever, and contract immutable, Pepe is for the people, forever. Pepe is about culture, rallying together a community to have fun and enjoy memes, fueled purely by memetic power.   History of your project. Pepe was stealth launched on Friday, April 14th, 2023.   What’s next for your project? Pepe will focus on developing a tight-knit community around the token and building resources to enrich the communities knowledge and success in crypto through a token gated group, newsletter, and more tools.   What can your token be used for? Pepe can be used to speculate on the power of memes, and does not pretend to be anything more.

Pepe

Pepe is trending as traders discuss potential entry points and whether it's time to 'buy the dip.' Community members are also comparing PEPE to other meme coins, particularly other '4chan frogs' like HONK.X, speculating on which will see the most gains. Some traders also suggest that altcoins and meme coins with real world utility are better long term investments.

$JINGLE  is a meme community on Solana, The project was fair-launched on Pump.fun, This is a purely community-driven project.  $JINGLE a community powered token celebrating global holidays!  With a dedicated team and a vibrant community, $JINGLE Token aims to bring joy and prosperity to holders while embodying the spirit of the internet's favorite amphibian. Jump on board and let's make waves in the crypto pond together!

Jingle

$JINGLE.X is trending as the community explores new opportunities, with many mentioning and promoting various tokens like $GACHA.X, $BRANDY.X, and $RONNIE.X. Community members are using phrases like 'early entry makes legends' and 'rocket ignition soon,' indicating they are looking for the next token with potential for significant growth.

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. It operates through the Data Center Hosting Business and HPC Hosting Business segments. The Data Center Hosting Business segment provides energized infrastructure services to crypto mining customers. The HPC Hosting Business segment focuses on the designing, constructing, and operating data centers tailored to support high power density applications like HPC and AI. The company was founded by Wesley Carl Cummins and Jason Zhang in May 2001 and is headquartered in Dallas, TX.

Applied Digital Corporation

APLD is trending amid excitement around potential benefits from Nvidia's AI initiatives and a possible hyperscaler deal, fueling speculation of a short squeeze given the high short interest. The community is actively discussing the company's data center infrastructure and its strategic positioning within the AI sector, as well as potential price targets and the likelihood of an upcoming offering. Chatter about a potential bidding war for the company is also circulating.

Churchill Capital Corp. X is a blank check company, which was created for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Michael Klein on January 4, 2024 and is headquartered in New York, NY.

Churchill Capital Corp X - Ordinary Shares - Class A

Churchill Capital Corp X 

Churchill Capital Corp X ($CCCX) is trending as it moves closer to merging with Infleqtion, a quantum computing company. Community chatter highlights Infleqtion's existing revenue and partnerships, including ties with NVIDIA, fueling speculation that $CCCX is undervalued compared to its peers in the quantum computing space like $IONQ and $RGTI. Some investors are also closely watching the warrants ($CCCXW), interpreting their activity as a bullish signal.

The 401jk (just kidding) meme is a satirical punch in the gut in the face of the concept of retirement and also the 401k. The 401k total holdings are valued at around $12 trillion USD and it is the most popular retirement savings plan in the US. As time passes forevermore true retirement, or as we like to call it real freedom will only become much harder and harder for people to attain.  Through meme fueled laser focus and cyperphunk ideology the 401jK meme retirement fund token and community aim to point out the absurdities of how rigged our current system is, and how only insiders and those with power are starting the benefit from the increased centralization of cryptocurrency.........while also aiming to flip the $12 trillion USD 401k system to achieve freedom before our backs and knees are breaking.

401jK

401JK.X is trending as a satirical take on traditional retirement plans, with the community rallying around its narrative as a path to early retirement. Many express strong bullish sentiment, citing the project's rapid growth and community-driven approach within the Solana memecoin space. The coin is being positioned as a way to mock the system that has failed many, offering an alternative path to financial freedom.

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MEI Pharma, Inc. (MEIP) announced on Friday a $100 million private placement to initiate a Litecoin treasury strategy, sending the company's shares trading 37% higher at the time of writing.The company announced that it has entered into securities purchase agreements for a private investment in public equity (PIPE) transaction, involving the purchase and sale of over 29 million shares of common stock for $3.42 per share.The pharmaceutical company stated that it anticipates aggregate gross proceeds of approximately $100 million, net of expenses and fees. <a href="https://stocktwits.com/symbol/MEIP">MEI Pharma</a> intends to use the funds to acquire the native cryptocurrency of the Litecoin blockchain, commonly referred to as “LTC”, which will serve as the company’s primary treasury reserve asset.On Stocktwits, retail sentiment around MEI Pharma trended in the ‘extremely bullish’ territory, coupled with ‘extremely high’ message volume.<figure class="image"><img style="aspect-ratio:625/58;" src="https://news.stocktwits-cdn.com/Screenshot_2025_07_18_at_12_00_07_PM_png_6d3faa970c.webp" alt="MEIP's Sentiment Meter and Message Volume as of 12 p.m. ET on July 18, 2025 | Source: Stocktwits" width="625" height="58"><figcaption>MEIP's Sentiment Meter and Message Volume as of 12 p.m. ET on July 18, 2025 | Source: Stocktwits</figcaption></figure>The transaction will also make MEI the first and only publicly traded LTC holder on a national exchange, it added. Litecoin (LTC) is a leading peer-to-peer cryptocurrency created by Charlie Lee in October 2011.MEI will appoint Charlie Lee, also a lead investor in the placement, to its Board of Directors, upon the closing of the transaction, and GSR, a preeminent digital asset market maker, as its digital asset and treasury management advisor to oversee the implementation of its Litecoin Treasury Strategy.A Stocktwits user applauded Charlie Lee's involvement in the company, opining that it is “huge.”<stembedurl>https://stocktwits.com/cjstocksup/message/621527406</stembedurl>The company <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.businesswire.com/news/home/20250718252887/en/MEI-Pharma-Announces-%24100000000-Private-Placement-to-Initiate-Litecoin-Treasury-Strategy-Becoming-First-and-Only-Publicly-Traded-LTC-Holder-on-a-National-Exchange">stated</a> that the transaction marks a significant milestone in its long-term strategic plan. By integrating Litecoin into its treasury operations, MEI gains access to a decentralized monetary asset that complements its cash management framework.The closing of the PIPE is expected to occur on or about July 22, 2025, subject to the satisfaction of customary closing conditions.A more pessimistic user on Stocktwits, however, highlighted the company’s financials, opining that its future viability hinges on funding or partnerships.<stembedurl>https://stocktwits.com/Rome777/message/621525808</stembedurl>MEIP stock is up by 150% this year and by about 115% over the past 12 monthsRead Next: <a href="https://stocktwits.com/news-articles/markets/equity/sarepta-draws-wall-street-ire-after-third-patient-death-this-year/ch8kMF7R5qY">Sarepta Draws Wall Street Ire After Third Patient Death This Year: Analyst Says ‘Deeply Concerning’ The Incident Wasn’t Reported Earlier</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Rising stock market chart on a trading board background.

MEI Pharma Announces $100M Placement To Initiate Litecoin Treasury Strategy: Retail Cheers Charlie Lee’s Addition To Company Board

MEI Pharma intends to use the funds to acquire the native cryptocurrency of the Litecoin blockchain, commonly referred to as “LTC”, which will serve as the company’s primary treasury reserve asset.

Equity

MEI Pharma intends to use the funds to acquire the native cryptocurrency of the Litecoin blockchain, commonly referred to as “LTC”, which will serve as the company’s primary treasury reserve asset.


Shares of iBio, Inc.(IBIO) were in the spotlight on Monday after the company <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.globenewswire.com/news-release/2025/04/07/3056559/0/en/iBio-Announces-IBIO-600-Non-Human-Primate-Data-Showing-Extended-Half-Life-and-Muscle-Growth-and-Interim-In-Vivo-Results-for-First-in-Class-Activin-E-Antibody-Advancing-Cardiometabo.html">announced</a> positive data from a study conducted in animals for its lead asset IBIO-600.The company said data from a study on elderly and obese non-human primates shows that the anti-myostatin antibody could provide a weight loss treatment option while preserving and promoting muscle growth.The study consisted of a single administration of two dose levels: 5mg/kg and a high dose of 50mg/kg.Shares of the company were down by over 43% on Monday noon amid a broader market decline.Notably, the study does not prove statistical significance and only involves a single administration of the antibody.However, the study demonstrated an extended half-life for the antibody, potentially enabling a once three to six-month dosing schedule in humans, the company said.CEO Martin Brenner said the company is on track for a regulatory submission for the antibody in the first quarter (Q1) of 2026.iBio in-licensed IBIO-600 from AstralBio, Inc. in January. The company paid AstralBio $750,000 by issuing its common stock as an upfront payment and said AstralBio will also be eligible for development and commercialization milestone payments totaling up to $28 million.On Monday, the company also announced preclinical data for an Activin E antibody and said that the antibody showed positive results in an exploratory study with obese mice, highlighting its potential as a treatment for obesity.On Stocktwits, retail sentiment about iBio remained in the ‘bearish’ territory while message volume rose marginally within ‘low’ levels over the past 24 hours.<figure class="image"><img style="aspect-ratio:654/152;" src="https://news.stocktwits-cdn.com/Screenshot_2025_04_07_at_11_29_58_AM_png_24aaec3e9f.webp" alt="IBIO's Sentiment Meter and Message Volume as of 11:30 a.m. ET on April 7, 2025 | Source: Stocktwits" width="654" height="152"><figcaption>IBIO's Sentiment Meter and Message Volume as of 11:30 a.m. ET on April 7, 2025 | Source: Stocktwits</figcaption></figure> A Stocktwits user expressed surprise at the stock’s downward trajectory.<stembedurl>https://stocktwits.com/Skypier2/message/610731384</stembedurl>Another opined that the company needs to protect itself against any potential hostile takeovers.<stembedurl>https://stocktwits.com/dcpanda/message/610733604</stembedurl><a href="https://stocktwits.com/symbol/IBIO">iBio shares</a> are down by over 24% this year and by over 19% over the past 12 months.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/federal-reserve-board-of-governors-will-meet-today/chf1DjqRb7o">Federal Reserve Board Of Governors Will Meet Today — Traders Factor In 4 Rate Cuts This Year</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Stock market down on a black background. | Image source: Yuichiro Chino via Getty Images

iBio Stock Plummets Despite Positive Data On Weight-Loss Treatment Antibody: Retail Stays Bearish

However, the company said that the study does not prove statistical significance and only involves a single administration of the antibody. 

Mobileye Global, Inc. (MBLY) shares ended over 8% higher on Tuesday and climbed marginally in after-hours trading after the autonomous driving technology firm revealed a partnership with a European auto giant.Volkswagen (VWAGY) is partnering with Valeo and Mobileye to enhance its driver assistance systems to Level 2+ in upcoming models built on the MQB platform.The upgrade, which will be rolled out in the next few years, aims to improve safety and driving comfort while meeting regulatory standards.The system will enable hands-free driving on approved highways and include features like traffic jam assist, hazard detection, parking assist, driver monitoring, and 360-degree emergency assist.&nbsp;Future updates may also incorporate augmented reality displays.That announcement sent message volume for Mobileye on Stocktwits soaring by 4,900% over the last 24 hours, with sentiment remaining ‘bullish’.<figure class="image"><img style="aspect-ratio:1318/302;" src="https://news.stocktwits-cdn.com/MBLY_sentiment_and_message_volume_as_of_March_25_png_03680df57c.webp" alt="MBLY sentiment and message volume as of March 25.png" width="1318" height="302"><figcaption>MBLY sentiment and message volume as of March 25. | source: Stocktwits</figcaption></figure>One watcher on the platform was encouraged by the broad prospects presented by Mobileye’s autonomous driving technology.<stembedurl>https://stocktwits.com/amkhk/message/609176041</stembedurl>Another wondered if it was a good time to enter the stock.<stembedurl>https://stocktwits.com/tradegames/message/609218283</stembedurl>Mobileye got a major boost last month after BofA Securities&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/mbly-stock-soars-on-bofa-upgrade/ch5EL2GRtw">upgraded</a> the stock, saying that it sees the company’s 2025 guidance as offering stability despite cautious views on growth and profitability.&nbsp;The bullish call from&nbsp;the&nbsp;Wall Street&nbsp;brokerage came&nbsp;close&nbsp;on the heels of a report about ride-hailing company Lyft planning to introduce fully autonomous robotaxis, powered by Mobileye, on its platform in Dallas as soon as 2026.&nbsp;&nbsp;Shares of Mobileye are trading at an about 21% discount to analysts’ average price target of $20.13, according to Koyfin data.&nbsp;Of the 28 analysts covering the stock on Wall Street, 12 recommend ‘buy’, four ‘strong buy’, 10 ‘hold’ and two ‘strong sell.’<a href="https://stocktwits.com/symbol/MBLY">Mobileye stock</a> is down more than 17% year-to-date.For updates and corrections, email newsroom[at]stocktwits[dot]com.

The Mobileye Global, Inc. logo appears on a smartphone screen in this illustration photo in Reno, United States, on December 23, 2024. (Photo by Jaque Silva/NurPhoto via Getty Images)

Mobileye Sees Highest Spike In Auto Retail Chatter As Stock Jumps On Volkswagen Tie-Up

Volkswagen is partnering with Valeo and Mobileye to enhance its driver assistance systems to Level 2+ in upcoming models built on the MQB platform. 

Shares of Mobileye Global surged more than 15% on Monday afternoon, reaching a one-month high and on track to register its biggest single-day gain ever.&nbsp;The rally came after Bank of America (BofA) Securities reportedly upgraded the stock to ‘Neutral’ from ‘Underperform,’ raising its price target to $19 from $12, bringing the stock just shy of that target.&nbsp;BofA said it sees Mobileye’s 2025 guidance as offering stability despite cautious views on growth and profitability.&nbsp;The analysts also pointed to potential contract wins as a catalyst for positive sentiment, with the company’s 2025 outlook reducing downside risks to estimates.Mobileye, which specializes in autonomous driving technology, had previously projected full-year revenue between $1.69 billion and $1.81 billion, and adjusted operating income between $175 million and $260 million.&nbsp;However, analysts had expected higher revenue of $1.92 billion.&nbsp;BofA analysts believe that while the outlook is below consensus, it limits risks and that contract wins, including deals for its SuperVision/Chauffeur system and advanced driver assistance systems (ADAS) with automakers in Japan, Europe, and the U.S., could provide a much-needed boost.Further details about the company’s trajectory suggest that widespread adoption of its technology could take time, with BofA predicting that significant earnings growth may not occur until 2027.&nbsp;The company currently faces stiff competition from companies like Alphabet’s Waymo and Tesla.<figure class="image"><img style="aspect-ratio:1318/324;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/MBLY_sentiment_and_message_volume_Feb_10_4d529f0d08.png" alt="MBLY sentiment and message volume Feb 10.png" width="1318" height="324"><figcaption>MBLY sentiment and message volume Feb 10 as of 1 pm ET | source: Stocktwits</figcaption></figure>On Stocktwits, sentiment for Mobileye turned more bullish, with retail traders reacting to a major development earlier in the day.&nbsp;TechCrunch <a href="https://stocktwits.com/news-articles/markets/equity/lyft-to-launch-mobileye-powered-robotaxis-in-dallas-by-2026/ch5EWRURtH">reported</a> that Lyft plans to introduce fully autonomous robotaxis, powered by Mobileye, on its platform in Dallas as soon as 2026.&nbsp;Marubeni, a Japanese conglomerate, is expected to own and finance the vehicles equipped with Mobileye’s technology, which will be available on Lyft’s ride-hailing app.While some users were optimistic, believing the stock could reach $20 or even $30 this year, others remain cautious, considering the competition and challenges ahead.&nbsp;<stembedurl>https://stocktwits.com/diamondoptionsinc/message/603565260</stembedurl><stembedurl>https://stocktwits.com/Mistaowen/message/603565767</stembedurl><a href="https://stocktwits.com/symbol/MBLY">Mobileye’s stock</a> is still down over 20% in the past year and currently trades at around 63 times its forward 12-month earnings estimate, according to Koyfin.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Mobileye Stock Poised for Best Day Ever: Retail Cheers As BofA Upgrade Adds Spark To Lyft Robotaxi Deal Buzz

BofA said it sees Mobileye’s 2025 guidance, which missed estimates, as offering stability despite cautious views on growth and profitability.

Mohawk Industries (MHK) shares edged higher on Friday after the company’s fourth-quarter earnings topped the Wall Street estimate.According to Koyfin data, the flooring company reported adjusted earnings of $1.95 per share for the three months ended Dec. 31, compared with the average analysts’ estimate of $1.85 per share.Its quarterly revenue rose 1% to $2.64 billion, exceeding the Street estimate of $2.54 billion.Towards the end of last year, central banks in the U.S., Europe, and other regions cut interest rates, but the company said this had little effect on housing turnover in most areas.“While residential demand remained soft in our markets, our product introductions last year and our marketing initiatives contributed to our sales performance around the globe,” CEO Jeff Lorberbaum said.The sales impact from U.S. hurricanes was limited to about $10 million, Lorberbaum added.In its Global Ceramic Segment, net sales increased 1.5%, impacted by unfavorable pricing and mix and partially offset by productivity gains.The company said it implemented many cost-containment initiatives, including reengineering products, improving processes, and rationalizing higher-cost operations.Flooring Rest of the World segment’s net sales decreased by 2.1%, Mohawk said. The company said its operating margin in the segment also reduced due to lower prices and rising material and labor costs.However, the North America flooring segment's net sales grew by 2.8%.“We expect ongoing softness in all our markets during the first quarter due to elevated interest rates and weakness in housing,” the company said.The company said that due to errors in the new order management system in its Flooring North America Segment, its first-quarter earnings would take a hit between $25 million and $30 million in lost sales and other costs.It also forecast first-quarter adjusted earnings per share between $1.34 and $1.44.Retail sentiment on Stocktwits rose further into ‘extremely bullish’ (96/100) territory than a day ago, while retail chatter remained ‘high.’<figure class="image"><img style="aspect-ratio:806/170;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/MHK_Feb_17_7a529b99d3.JPG" alt="MHK’s Sentiment Meter and Message Volume as of 10:44 a.m. ET on Feb. 7, 2025 | Source: Stocktwits" width="806" height="170"><figcaption>MHK’s Sentiment Meter and Message Volume as of 10:44 a.m. ET on Feb. 7, 2025 | Source: Stocktwits</figcaption></figure>Over the past year, <a href="https://stocktwits.com/symbol/MHK">Mohawk stock</a> has fallen nearly 27%.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/centrus-energy-stock-rises-after-q4-earnings-beat-retail-sentiment-brightens/chPzoPcRsU">Centrus Energy Stock Rises After Q4 Earnings Beat: Retail Sentiment Brightens</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration Mohawk Industries, Inc. logo seen displayed on a smartphone and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)

Mohawk Industries Tops Q4 Profit Estimates, Retail Sentiment Hits Fever Pitch

The flooring company reported adjusted earnings of $1.95 per share for the three months ended Dec. 31, compared with the average analysts’ estimate of $1.85 per share.

U.S. Steel (X) stock dropped as much as 8% in pre-market trade on Friday after reports emerged that President Joe Biden will be blocking its acquisition by Japan’s Nippon Steel.The White House plans to announce the decision later on Friday, Bloomberg&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2025-01-03/biden-to-block-planned-us-steel-takeover-washington-post-says">reported</a>, citing sources.&nbsp;The $14.1 billion deal has faced considerable pushback from the government and the United Steelworkers union, citing national security concerns.&nbsp;Sources&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.washingtonpost.com/business/2025/01/02/biden-blocks-nippon-us-steel-deal/">told</a> the Washington Post that Biden opted to kill the deal despite intense efforts by some of his senior advisers to sway him in recent days, including concerns that rejecting a sizable investment from a top Japanese corporation could damage U.S. relations with Japan.While Biden has been vocal about his opposition to the deal, propagating that U.S. Steel should remain domestically owned and operated, the White House is yet to take an official stance on the acquisition.&nbsp;Both companies have indicated they will likely pursue legal action once the deal is formally blocked.&nbsp;The White House&nbsp;had not issued any formal statement at the time of writing.&nbsp;<figure class="image"><img style="aspect-ratio:1288/293;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/Screenshot_2025_01_03_071143_3235351919.png" alt="Screenshot 2025-01-03 071143.png" width="1288" height="293"><figcaption>U.S. Steel Corp. Sentiment and Message Volume on Jan 3 as of 07:15 a.m. ET | Source: Stocktwits</figcaption></figure>On Stocktwits, retail sentiment around U.S. Steel dipped to a year-low in the ‘extremely bearish’ zone from a tepid ‘neutral’ a day ago, as chatter surged to ‘extremely high.’&nbsp;One retail investor on the platform expressed confidence that the deal would eventually get approved once the companies take the issue to court.<stembedurl>https://stocktwits.com/Im_a_realist/message/598661281</stembedurl>However,&nbsp;another said that it’s unlikely that anyone other than Nippon Steel would want to buy U.S. Steel.<stembedurl>https://stocktwits.com/Augie84/message/598658447</stembedurl>Some even expressed solidarity with the decision to keep U.S. Steel American-owned. <stembedurl>https://stocktwits.com/Jasonalexander00/message/598667263</stembedurl>Reports about Biden blocking the deal came after the Committee on Foreign Investment in the United States (CFIUS) was&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/us-steel-slips-as-nippon-deal-awaits-biden-final-decision/cJObxLfRjQ">unable</a> to decide whether the deal posed a national security risk, leaving the final decision to the president.&nbsp;On Monday, Nippon Steel made a bid to overcome Biden’s opposition, offering the government an effective veto over any reduction in U.S. Steel’s “production capacity.”Yet even that gambit has fallen short if reports hold.&nbsp;If Biden does reject the deal, the collapse of Nippon Steel’s proposed $14.9 billion acquisition would represent a victory for United Steelworkers union president David McCall.&nbsp;Amid the acquisition controversy, U.S. Steel’s stock dropped more than 30% in 2024.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/bitfufu-stock-soars-on-securing-fleet-of-80000-miners-from-bitmain/cW6vQOtRlW">BitFuFu Stock Soars After Securing A Fleet Of 80,000 Miners From Bitmain: Retail Remains Unconvinced</a>

US Steel Stock Drops Pre-Market On Reports Of Biden Blocking Nippon Steel Deal: Retail Sentiment Crumbles

Both companies have indicated they will likely pursue legal action once the deal is formally blocked. 

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