rose 6.8%, a day after the semiconductor company and leading maker of artificial-intelligence chips entered correction territory. A correction is defined as a drop of 10% or more off a recent end-of-day peak. Nvidia hit a record high last week of $135.58, which briefly made the chip maker the world’s most valuable company.
Shares of
Trump Media & Technology Group
gained 8.5%. The parent company of former President Donald Trump’s Truth Social Platform gained 21% on Monday, marking the second-largest percent increase since Trump Media’s merger with shell company, Digital World Acquisition Corp., in late March.
dropped 9.4% in Paris trading after the European plane maker said late Monday it expects to deliver about 770 jets and generate operating profit in 2024 of about €5.5 billion ($5.9 billion). The company previously had forecast 800 deliveries and an operating profit of between €6.5 billion and €7 billion. Shares of rival
declined 2.2% in New York.
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declined 21% after the company said it planned to offer $300 million in convertible senior notes due in 2029 in a private placement. Separately,
said in a filing that PM&M Electric, a customer that owes SolarEdge about $11.4 million under a secured promissory note, recently filed for Chapter 7 bankruptcy.
rose 8.7% after the cruise operator swung to a profit in its fiscal second quarter and said it expects a blockbuster year for cruises in 2025.
Norwegian Cruise Line Holdings
rose 5.1% and
was up 4%.
a distributor of swimming-pool supplies, tumbled 8% after the company sharply reduced its earnings outlook for the fiscal year, citing “persistently weak demand for new pool construction” and discretionary pool spending that “continues to be hampered by the macroeconomic environment.”
jumped 8.6% to $11.96. Analysts at Guggenheim initiated coverage of the electric-vehicle maker’s stock with a Buy rating and a price target of $18.
dipped 5.6% after analysts at Raymond James cut their recommendation to Market Perform from Outperform. The analysts didn’t issue a price target.
was flat ahead of its fiscal fourth-quarter earnings scheduled for after the closing bell Tuesday.
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Write to Joe Woelfel at joseph.woelfel@barrons.com
