News Formal

Stocks making the biggest moves midday: Nvidia, Super Micro Computer, Unilever, Nordstrom and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

These are some of the stocks making notable moves in midday trading.

Check out the companies making headlines in midday trading. Nvidia – Nvidia slumped more than 3% after the AI chipmaker unveiled its widely-anticipated next-generation chips. Several Wall Street firms boosted their price targets on Nvidia in the wake of the event. The company plans to roll out the first iteration of the AI graphics processors known as Blackwell later this year. Competitor Advanced Micro Devices dropped 6.8% following the news.

Nordstrom is working with investment banks Morgan Stanley and Centerview Partners to see if private equity firms are interested in a deal, Reuters said, citing people familiar with the matter. Tencent Music — Shares of the Chinese internet stock rallied 5.5% on the back of its quarterly earnings report. Tencent Music saw growth of more than 20% in the number of paying users on an annualized basis, although total revenue fell compared with the year-earlier period.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer shares his thoughts on 5 stocks including Tesla, Hertz and Super MicroDuring the CNBC Investing Club's Morning Meeting on Monday, Jim Cramer opined on five stocks outside the Club's portfolio including Tesla and Hertz Global.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Nvidia, Marvell Technology, Costco, Eli Lilly and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Nvidia, Unilever, Coinbase and moreTake a look at the stocks making moves before the opening bell on Tuesday, March 19.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Nvidia, Apple, Alphabet, PepsiCo and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Google, HashiCorp, Nvidia and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »