A lot of movement is happening in the stock market today. Let’s break down the key updates:
1. Nvidia is soaring by 5.63% after securing a deal to sell over 18,000 AI chips to Humain for a data center project in Saudi Arabia.
2. UnitedHealth Group is facing a downfall of 17.79% as CEO Andrew Witty steps down and the company withdraws its 2025 guidance due to higher medical costs.
3. Coinbase is on the rise with a 23.97% increase after being added to the S&P 500 stock index.
4. Boeing’s shares are up by 2.46% as China lifts its ban on deliveries and the company delivers more commercial jets than last year.
5. On Holding is up by 11.83% after beating earnings and revenue expectations.
6. First Solar is soaring by 22.66% following an upgrade from Wolfe Research.
7. Hertz Global Holdings is down by 16.93% after disappointing first-quarter results.
8. Rigetti Computing is facing a drop of 14.59% despite better-than-expected earnings.
9. Intuitive Machines is up by 22.42% as first-quarter operating income surpasses expectations.
10. Caterpillar’s shares are climbing by 2.92% after an upgrade from Baird.
11. Valero Energy is up by 3.54% following an upgrade from Goldman Sachs.
12. Calumet is rising by 6.71% after receiving a buy rating from Bank of America.
13. Sea Limited is up by 8.2% after reporting strong adjusted EBITDA for the first quarter.
As the market continues to fluctuate, investors are keeping a close eye on these companies for potential opportunities. Stay tuned for more updates as the day unfolds.