CoreWeave fell 6% Thursday, its second straight day of losses, as investors worried that tech companies are borrowing heavily to fund AI infrastructure, while Rocket Lab dropped nearly 10% after delaying its Neutron rocket launch to 2027. SK Hynix slid more than 7% after South Korea's Kospi index fell 7.6% overnight. Penske Automotive jumped 8% after agreeing to be taken private by Motown Acquisition Corp., an entity owned by Penske Corp. and Mitsui, for $212 per share in cash, a nearly 9% premium to Wednesday's close of $194.79, with closing expected in the first quarter of 2027. Walmart rose more than 2% after Deutsche Bank upgraded it to buy, and Crocs gained nearly 2% after Barclays upgraded it to overweight.
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