Check out the companies that are trending in intraday trading. Nvidia — The chipmaker’s stock rose 0.5% in midday trading after a volatile early session. Nvidia beat its third-quarter revenue and bottom line, posting adjusted earnings of 81 cents per share on revenue of $35.08 billion. Analysts polled by LSEG expected earnings of 75 cents per share on revenue of $33.16 billion. Nvidia also issued better-than-expected forecasts for the current quarter. Baidu — The Chinese search engine’s U.S. shares fell 5.9% after Baidu’s third-quarter revenue fell 3% from a year earlier. Still, the company saw a 12% increase in non-online marketing revenue, primarily due to growth in its artificial intelligence cloud business. Alphabet — Stocks fall 4.7% on news that the Justice Department is pressuring a federal judge to force Google to sell its Chrome internet browser to create a more level playing field for competitors in the search industry I did. This follows an August ruling that found Google has a monopoly in the search market. Snowflake — Shares soared about 32.7% after the data analytics software maker reported better-than-expected third-quarter results. Stock prices are about to have their best day ever. Snowflake also expects product revenue to be $3.43 billion in fiscal 2025, representing growth of 29%. CEO Sridhar Ramaswamy said Snowflake is more focused on saving money. Merus — The cancer drug company’s stock rose 3.3%. Goldman Sachs initiated coverage of Mels with a buy rating and said the company’s cancer treatment is expected to generate significant future profits. Netflix — Shares rose about 1.5% after Bank of America reiterated its buy rating on the stock and raised its price target to $1,000. The bank cited live events and Netflix’s in-house advertising technology platform as catalysts for growth. Crypto-related stocks — Cryptocurrency-related stocks were the first to rise after the price of Bitcoin exceeded $98,000 for the first time, but Galaxy Digital CEO Michael Novogratz believes that a Bitcoin rebound will ultimately It fluctuated after I warned it was coming. MicroStrategy fell more than 16% and Coinbase fell 7.7%. Miner Mara Holdings rose about 6.8%, while trading platform Robinhood fell about 2.7%. BJ’s Wholesale Club — Shares rose 8.3% after the warehouse club’s third-quarter adjusted earnings beat The Street’s estimates. BJ’s also raised its full-year forecast. The company raised membership fees and announced a $1 billion stock buyback plan. PDD Holdings — Shares of the e-commerce giant that owns Temu fell 10.6%. PDD missed profit and revenue expectations. —CNBC’s Sean Conlon, Yun Li and Michelle Fox contributed reporting.
Stocks with the biggest price changes at midday: NFLX, GOOGL, NVDA, BJ
