Check out the companies making headlines in midday trading. Semiconductor stocks — Popular semiconductor stocks declined during midday trading, with Nvidia dropping more than 6% ahead of its Wednesday print. Super Micro Computer shed nearly 10% even after Rosenblatt issued a price target at a Street high . Advanced Micro Devices sank about 6%, and Marvell Technology lost nearly 4%. Walmart — Shares climbed more than 3% and notched a new all-time high on Tuesday following the retailer’s earnings report . Walmart beat expectations for its holiday quarter and announced its purchase of TV maker Vizio . Vizio shares surged about 15%. Discover Financial — Shares of the credit card issuer soared 14% after it agreed to be acquired by Capital One Financial in a $35.3 billion all-stock deal. Capital One shares were little changed. The company expects the merger to help expand its credit card offerings and its deposit base. Caterpillar — Shares dropped more than 2% after Evercore ISI downgraded the industrial machinery giant to in line from outperform. The Wall Street firm said investors should take some profits after the stock rallied more than 25% over the past year. Home Depot — Shares last inched lower by less than 1% after the home improvement retailer reported fiscal fourth-quarter earnings . Home Depot said its quarterly sales declined …
Article Attribution | Read More at Article Source
[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Semiconductor stocks — Popular semiconductor stocks declined during midday trading, with Nvidia dropping more than 6% ahead of its Wednesday print. Super Micro Computer shed nearly 10% even after Rosenblatt issued a price target at a Street high . Advanced Micro Devices sank about 6%, and Marvell Technology lost nearly 4%. Walmart — Shares climbed more than 3% and notched a new all-time high on Tuesday following the retailer’s earnings report . Walmart beat expectations for its holiday quarter and announced its purchase of TV maker Vizio . Vizio shares surged about 15%. Discover Financial — Shares of the credit card issuer soared 14% after it agreed to be acquired by Capital One Financial in a $35.3 billion all-stock deal. Capital One shares were little changed. The company expects the merger to help expand its credit card offerings and its deposit base. Caterpillar — Shares dropped more than 2% after Evercore ISI downgraded the industrial machinery giant to in line from outperform. The Wall Street firm said investors should take some profits after the stock rallied more than 25% over the past year. Home Depot — Shares last inched lower by less than 1% after the home improvement retailer reported fiscal fourth-quarter earnings . Home Depot said its quarterly sales declined …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
