On this episode of Stock Movers:

- Investors led by BlackRock (BLK)'s Global Infrastructure Partners agreed to buy Aligned Data Centers in a $40 billion deal, one of the asset manager’s largest infrastructure investments ever that comes as Wall Street races to claim a stake in the artificial-intelligence boom. MGX, an AI investment company established by sovereign wealth fund Mubadala Investment Co., will invest alongside GIP, according to a statement Wednesday that confirmed an earlier Bloomberg News report. The buyers are purchasing the company from Macquarie Asset Management, which made its first investment in Aligned in April 2018. Shares rose as much as 2% intraday before paring gains.

- Stellantis (STLA) vowed to invest $13 billion in the US over the next four years as the maker of Jeep SUVs and Ram trucks seeks to reinvigorate its business in the critical market and mitigate tariff costs. The plan marks the troubled automaker’s most ambitious attempt yet to rebuild its battered business in the US, where it’s lost market share in part due to an aging product lineup. Shares closed higher.

- PNC (PNC)'s more-expensive commercial deposits grew faster in the third quarter, a drag on the net interest margin that pushed the bank further from its year-end goal. That was “a step in the wrong direction” as the Pittsburgh-based company has said it aims to reach a NIM closer to 3% by the end of the year, John McDonald, an analyst at Truist Financial Corp., wrote in a note. Shares of the company sank 4.1% at 10:30 a.m. in New York, the biggest intraday decline in more than six months. That pushed this year’s decline to 5.6%.