‘s annual GTC conference begins Monday and kicking things off will be a keynote address from CEO Jensen Huang. The semiconductor company, which has seen its shares rise 85% in 2024 and 254% over the past 12 months, is expected to unveil some of its biggest products, including new artificial-intelligence offerings.
rose 4.4%.
which has soared 301% this year and a whopping 1,056% over the past 12 months, joined the
index on Monday. Shares of Super Micro, a maker of servers that help with artificial intelligence applications, were rising 6.6% on Monday.
the maker of Ugg shoes and Hoka sneakers, also joined the index. Deckers rose 0.9%.
was rising 6.7% on a report from Bloomberg that said
was holding discussions with Google over a deal to use the Gemini artificial intelligence engine in the iPhone.
was up 2.1%.
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surged 25% after The Wall Street Journal reported that the Canadian payments processor, which is backed by actor Ryan Reynolds, is in talks with private-equity firm Advent International about a buyout.
said in a statement that its board has formed a special committee to evaluate and consider “expressions of interest received by the company.” Nuvei said it “further confirms that it is engaged in discussions with certain third parties in connection with a potential transaction involving continued significant ownership by certain of the holders of multiple voting shares, including Phil Fayer, Nuvei’s founder, chair and chief executive officer.”
was up 8.6% after a report said the software infrastructure company has been considering options including a sale.
has been working with a financial adviser in recent months to gauge interest from potential buyers, Bloomberg reported, citing people with knowledge of the matter.
U.S.-listed shares of
were rising 6.6% after the Chinese electric-vehicle maker disclosed plans to launch a cheaper brand.
plans to launch the new brand within the next month. The cars will be priced at between 100,000 yuan to 150,000 yuan, or about $14,000 to $21,200, the company’s chairman and CEO said over the weekend, according to XPeng’s official WeChat account, Dow Jones Newswires reported.
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declined 7.7% after the provider of computer peripherals, videogame accessories, and videoconferencing hardware announced that Chief Financial Officer Charles Boynton was resigning and confirmed its outlook for the fiscal year.
rose 2.7% to $169.17 after shares of the beverage and snacks company were raised to Overweight from Equal Weight at
with a price target of $190.
Science Applications International
was down 11% after reporting fiscal fourth-quarter adjusted earnings that missed analysts’ estimates and a revenue decline of 12% to $1.74 billion, partly due to the sale of the company’s logistics and supply chain management business.
Earnings reports are expected this week from
Nike
,
FedEx
,
XPeng
,
BioNTech
,
Chewy
,
KB Home
,
and
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Write to Joe Woelfel at joseph.woelfel@barrons.com
