Top Stock Movers Now: Lowe's, Nvidia, Alphabet, Plug Power, and More
Smith Collection / Gado / Getty Images
Nvidia shares climbed Wednesday ahead of the chipmaker’s earnings due after the closing bell
Major U.S. equities indexes were mixed at midday Wednesday ahead of highly anticipated earnings from Nvidia (NVDA) due after the closing bell. The S&P 500 and Nasdaq gained, while the Dow fell.
Shares of the AI chipmaker climbed ahead of what is being widely viewed as the biggest event of this earnings season.
Lowe’s (LOW) stock surged after the home improvement retailer reported a better quarterly profit than analysts had expected.
Alphabet (GOOG, GOOGL) shares continued their winning streak that began Monday when Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) revealed a stake in the owner of Google and YouTube.
Shares of Constellation Energy (CEG) climbed after the power company received approval for an up to $1 billion loan from the Department of Energy to restart a nuclear reactor at Pennsylvania’s Three Mile Island.
Eversource Energy (ES) shares tumbled after a Connecticut regulator blocked the utility’s plan to sell its Aquarion Water subsidiary to a newly created quasi-public entity for $2.4 billion.
Shares of Plug Power (PLUG) sank after the maker of hydrogen fuel cells said it would sell $375 million in notes that investors could convert into the firm’s stock.
Shares of Valero Energy (VLO), APA (APA), and others in the energy sector declined along with the price of crude, which slid amid concerns about oversupply.
Gold futures rose. The yield on the 10-year Treasury note edged lower. The U.S. dollar gained on the euro, pound, and yen. Most major cryptocurrencies traded in the red.
Read the original article on Investopedia