Check out the companies making headlines in midday trading:
Technology Group — The space technology company skyrocketed more than 26% after it bought 217.18 bitcoin worth about $21 million. The cryptocurrency purchase was the first for the company since it announced a new bitcoin treasury initiative on Dec. 4, the day bitcoin hit the $100,000 level for the first time .
plans to allocate up to 90% of its surplus cash to bitcoin, borrowing a page from MicroStrategy's playbook. Honda — U.S.-listed shares rallied 4%, continuing to advance after the automaker announced official merger talks earlier this week with fellow Japanese automaker Nissan. That gain raised its week-to-date advance above 18%.
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Stocks making the biggest moves midday: Broadcom, GE Vernova, Stitch Fix, GameStop & moreThese are the stocks posting the largest moves in midday trading.
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Premarket Movers: GameStop Soars, Crypto Stocks Decline, Honda Jumps on Merger TalkGameStop leads the charge with a 4% surge, while crypto stocks fall on Bitcoin's dip. Honda climbs on Nissan merger rumors, and Starbucks dips amidst worker strikes. American Airlines takes a hit after a computer glitch grounded flights.
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Cramer's week ahead: Inflation data and earnings from Oracle, Broadcom and GameStopCNBC's Jim Cramer on Friday walked investors through next week's Wall Street action.
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Stocks making the biggest moves before the bell: Broadcom, RH, Tesla, Penn Entertainment & moreThese are the stocks posting the largest moves in premarket trading.
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Stocks making the biggest moves midday: Tesla, Broadcom, Upstart, Penn Entertainment, RH and moreThese are the stocks posting the largest moves in midday trading.
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Stocks making the biggest moves midday: Nvidia, Broadcom, MicroStrategy, Super Micro Computer and moreThese are the stocks posting the largest moves in midday trading.
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