Today’s Most Moving Stocks: Live Updates

Shares of data center server makers fell Thursday after Bloomberg News reported, citing people familiar with the matter, that the Justice Department is investigating whether Alice Huang helped smuggle super microcomputer products.

super micro Last time, it fell more than 9%.

Alice Huang is the woman with whom former Nvidia CEO Jensen Huang had an affair. US intelligence officials also believe she is a Chinese spy.

–Dara Mercado

Based in Austin, Texas Yeti Holdings The company fell 8%, extending its three-day decline, after third-quarter adjusted sales of $517.9 million fell short of Wall Street analysts’ expectations of $523 million and the cooler box and travel mug maker lowered its full-year earnings per share forecast, excluding one-time items, adjusted sales and adjusted operating income.

Yeti is currently down 14% in three days and over 22% in the past three months.

— Scott Schnipper

The New Jersey-based neocloud provider fell nearly 8%, a day after surging 25% following better-than-expected third-quarter results.

Neocloud friends nevius group The stock fell by about 18% after lowering its full-year earnings forecast.

coreweave It has been reduced by almost half in the past three months.

shares of take-two interactive It fell 2% on Thursday after Bank of America said Grand Theft Auto VI needs to generate $1.9 billion in sales in its first weekend to “meet expectations.”

In the past, GTA 5 has exceeded $1 billion in revenue (total platform/channel fees) in its first three days.

“While we have maintained that GTA Online’s monetization supports our bullish view on the stock, investors on both sides of the debate will likely undermine the success of the series based on the sales numbers announced shortly after launch,” the bank said.

— Dina Zaidi

The company, which operates Canada Dry and Snapple, fell nearly 5% after announcing a proposed $2 billion issuance of common stock.

Keurig Dr Pepper said it plans to use the net proceeds to reduce debt before splitting into two publicly traded companies, Beverage Co. and Global Coffee Co., in early 2027.

–Dara Mercado

The AI ​​cloud company’s net loss narrowed to $37.5 million, or 13 cents per share, from $119.6 million, or 50 cents per share, in the year-ago period. Revenue rose 571% to $980.8 million, beating the $907.5 million expected by analysts surveyed by LSEG.

Nevius forecasts capital spending of $27 billion in 2026, higher than previous estimates of $20 billion to $25 billion. The company also expects 2026 revenue at the low end of a range of $3.0 billion to $3.4 billion, compared with the FactSet consensus estimate of $3.35 billion.

This result follows better-than-expected reports from other AI cloud providers. coreweave and Airen Over the past week. Nevius faces political uncertainty after voters last week approved restrictions on data center development.

Adding to the volatility is the departure of NVIDIA CEO Jensen Huang from the semiconductor giant, as NVIDIA held about $329 million in Nebius stock at the end of June, according to filings.

— Dina Zaidi

Shares of Elon Musk’s rocket manufacturer rose 2% after the company announced it would build a $50 billion supercomputing campus in Cochise County, Arizona.

space x also announced that it will invest more than $24 billion in new supercomputing infrastructure at Starbase in Texas’ Rio Grande Valley.

CLSA also raised its price target to $300, calling for nearly 115% upside from Wednesday’s closing price. “The hysteria surrounding the U.S. midterm elections and their results has largely subsided for now,” analyst Max Hopkins wrote.

“Given the realities of the US macroeconomic situation, we think all newly elected officials will soften their stance on both data centers and Mr. Musk (this has already begun),” the analyst added.

–Dara Mercado

The glasses retailer’s stock price remained largely unchanged thereafter. national vision The upper limits of the full-year profit forecast and overall profit forecast have been lowered.

The company now expects full-year earnings ending in December to range from 95 cents to $1.03 per share, compared with previous guidance of 94 cents to $1.09 per share. The company now expects sales to be between $2.019 billion and $2.038 billion, up from its previous forecast of $2.037 billion to $2.076 billion.

Chip stocks soared 2.8% after William Blair upgraded Advanced Micro Devices to outperform the market. AMD’s Instinct product line of dedicated graphics processing units (GPUs) and accelerators for artificial intelligence is poised to take market share as rivals Intel and Nvidia struggle, the company said.

“We see stock growth from here, with gains in Instinct stock providing further upside as AMD continues to focus on execution while its biggest competitor NVIDIA battles expanding leadership and regulatory constraints,” Sebastian Nagy wrote in a note Thursday.

Intel is struggling with delays and supply shortages for its next-generation Xeon processors. At Nvidia, CEO Jensen Huang, embroiled in an extramarital affair scandal, may resign, potentially benefiting AMD for multiple years.

Tetra Tech shares rose nearly 10% after the consulting and engineering services provider reported better-than-expected fiscal fourth-quarter profits.

The company’s adjusted earnings per share were 49 cents, beating FactSet’s estimate of 47 cents. Net revenue was $1.15 billion, in line with expectations.

For its first fiscal year in 2027, Tetra Tech expects earnings per share to be between 36 cents and 38 cents.

— Ananya Chettiar

The pesticide and seed company’s stock price has since fallen more than 9%. corteva I posted a revenue error. The company’s third-quarter revenue was $1.59 billion, below the $1.77 billion expected by analysts polled by FactSet.

Nvidia Shares fell more than 7% after the New York Times reported that CEO Jensen Huang had had another affair with the company’s vice president of health. Kimberly Powell will report to Hwang, according to the Times.

In addition, the company’s board of directors met on Wednesday to discuss Mr. Huang’s fate.