Check out the companies making headlines in midday trading. Nvidia – Shares of the artificial intelligence darling popped 1.8% following KeyBanc's price target hike to $180, which implies about 40% upside from Monday's close. The firm said demand for Nvidia's H100 chip "remains robust" even with the imminent launch of Blackwell in the second half of the year. Helen of Troy – The housewares stock plummeted nearly 28%, hitting a new 52-week low during the session.
-listed shares of the oil and gas giant dropped 4.5% after the company warned it expects to post an impairment of up to $2 billion in the second quarter and anticipates weak refining margins, which the company said will weigh on its earnings results. Lucid – The electric vehicle company's stock added nearly 1% after rallying nearly 8% in the previous session. Lucid jumped after the firm said it delivered 2,394 vehicles in the second quarter, marking a 70% year-over-year increase.
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