Check out the companies making the biggest moves midday: GameStop — Shares jumped nearly 23% following the video game retailer's announcement on Friday that it made about $933 million from a stock sale. Gambling stocks — DraftKings and U.S.-traded shares of FanDuel parent Flutter Entertainment shares fell 10% and 7%, respectively.
Nvidia — The artificial-intelligence darling advanced 7%, continuing its rally after the chipmaker's quarterly earnings report last Wednesday. On Saturday, The Information reported Elon Musk's AI startup xAI, which recently raised $6 billion, plans to build a new supercomputer. Norwegian Cruise Line — The cruise stock rose 3% after an upgrade to buy from neutral at Mizuho.
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