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Why Bloom Energy (BE) Shares Are Trading Lower Today
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) fell 6.6% in the morning session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Why AMD (AMD) Shares Are Sliding Today
Shares of computer processor maker AMD (NASDAQ:AMD) fell 4.3% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Why Broadcom (AVGO) Stock Is Falling Today
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 10.7% in the afternoon session after investors locked in some profits amid margin anxiety as the company reported a top-and-bottom-line earnings beat.
Why Vertiv (VRT) Stock Is Down Today
Shares of data center products and services company Vertiv (NYSE:VRT) fell 7.7% in the afternoon session after investors rotated out of AI-linked high-flyers following underwhelming earnings updates from Oracle and Broadcom as the core thesis shifted from "growth at any cost" to "prove the returns."
Quanex (NX) Stock Trades Up, Here Is Why
Shares of building products company Quanex (NYSE:NX) jumped 8.4% in the afternoon session after it reported strong third-quarter results that significantly beat analyst expectations for both earnings and revenue.
Why GE Aerospace (GE) Stock Is Trading Up Today
Shares of industrial conglomerate GE Aerospace (NYSE:GE) jumped 4.3% in the morning session after the company's Marine Engines & Systems division secured orders for eight LM2500 marine gas turbine engines to equip two new U.S. Navy destroyers.
Why Is Lululemon (LULU) Stock Soaring Today
Shares of athletic apparel retailer Lululemon (NASDAQ:LULU) jumped 9.8% in the afternoon session after the company reported better-than-expected third-quarter results and announced the upcoming departure of its CEO, Calvin McDonald.
Kinsale Capital Group (KNSL) Stock Is Up, What You Need To Know
Shares of specialty insurance provider Kinsale Capital Group (NYSE:KNSL) jumped 1% in the morning session after the company announced its board of directors authorized a new $250 million share repurchase program.
Why Blink Charging (BLNK) Stock Is Down Today
Shares of EV charging infrastructure provider Blink Charging (NASDAQ:BLNK) fell 10.3% in the afternoon session after the company announced the pricing of a public offering of 26,666,666 shares of its common stock at $0.75 per share.
Why Lantheus (LNTH) Stock Is Up Today
Shares of radiopharmaceutical company Lantheus Holdings (NASDAQ:LNTH) jumped 5.9% in the afternoon session after Truist Securities upgraded its rating on the stock to "Buy" from "Hold" and increased its price target.