Stocks making the biggest moves midday: Nvidia, ASML, Advanced Micro Devices and more


 Stocks Making the Biggest Moves Midday: Nvidia, ASML, Advanced Micro Devices, and More

April 16, 2025

U.S. equities experienced notable declines by midday Wednesday, with the Nasdaq falling 1.9%, the S&P 500 down 1%, and the Dow Jones Industrial Average slipping 0.3%. The downturn was primarily driven by significant losses in semiconductor stocks, following new U.S. export restrictions targeting chip sales to China.

Nvidia (NVDA)

Nvidia shares dropped 6.3% after the company announced that U.S. restrictions on chip exports to China would cost the company $5.5 billion, due to inventory and purchase charges. This announcement led to a substantial impact on the Nasdaq and contributed to the broader market decline .

Advanced Micro Devices (AMD)

AMD's stock fell 6.6% amid concerns over the new export restrictions. The company, like Nvidia, is expected to face revenue losses due to the curbs on chip sales to China. These developments are part of ongoing trade tensions between the U.S. and China, further aggravated by tariffs under President Trump’s administration .

ASML Holding (ASML)

Shares of ASML Holding declined 5.2% after the Dutch manufacturer of semiconductor-producing machinery reported worse-than-expected earnings and issued a soft outlook. The company's performance was affected by the broader challenges facing the semiconductor industry, including the new export restrictions .

Broadcom (AVGO)

Broadcom's stock also experienced a decline, falling alongside other semiconductor companies impacted by the export restrictions. The company's exposure to the Chinese market has raised investor concerns about potential revenue losses.

Abbott Laboratories (ABT)

In contrast to the tech sector, Abbott Laboratories saw its shares rise by 5.4% after reporting better-than-expected quarterly earnings. The company's strong performance provided a bright spot in an otherwise challenging market .

United Airlines (UAL)

United Airlines reported a first-quarter profit driven by record revenue, leading to gains in its stock price. The airline's positive results offered some optimism amid broader economic uncertainties.

Gold Mining Stocks

Gold mining companies, including Newmont and Gold Fields, surged as gold prices reached a new record high. Investors flocked to safe-haven assets amid economic uncertainty, boosting the performance of these stocks .

Lyft (LYFT)

Lyft's stock advanced following a favorable rating from Oppenheimer, which initiated coverage of the rideshare company with an "outperform" rating. The positive analyst sentiment contributed to the stock's midday gains.

Market Overview

Beyond individual stocks, crude oil futures increased, 10-year Treasury yields fell slightly, and the U.S. dollar declined against major currencies. Bitcoin prices rose, although many other cryptocurrencies experienced declines. The market's movements reflect investor concerns over the ongoing trade tensions and their potential impact on the global economy.

Note: This article is based on information available as of April 16, 2025, and reflects market conditions at that time.

Comments

Post a Comment

Popular posts from this blog

3 Big Energy Stocks Offering Strong Dividends Amid Volatility

Image
3 Big Energy Stocks Offering Strong Dividends Amid Volatility By Steven Orlowski, CFP, CNPR In a market marked by persistent uncertainty, rising interest rates, and geopolitical tensions, income investors are seeking stability and yield in all the right places. One sector continues to stand out: energy. While oil and gas prices remain volatile, the long-term demand outlook and disciplined capital strategies have turned several major energy companies into dividend powerhouses. Here are three energy giants offering robust dividend yields and resilient fundamentals, making them attractive options for investors seeking income and relative stability in turbulent times. 1. ExxonMobil (NYSE: XOM) Dividend Yield: ~3.4% Market Cap: $470+ billion ExxonMobil is one of the largest integrated oil and gas companies in the world. Its scale, upstream and downstream operations, and global reach offer a level of diversification that helps buffer against short-term price swings. In recent year...
Read more

Stocks making the biggest moves midday: Eli Lilly, Alphabet, Hertz, UnitedHealth and more

Image
  Stocks Making the Biggest Moves Midday: Eli Lilly, Alphabet, Hertz, UnitedHealth, and More ​ As of midday on Thursday, April 17, 2025, U.S. stock markets exhibited mixed performance, with significant movements in several key stocks. The Dow Jones Industrial Average dropped nearly 400 points, primarily due to a sharp decline in UnitedHealth Group shares. Conversely, the S&P 500 and Nasdaq Composite showed modest gains. ​ Eli Lilly (LLY) – Soaring on Weight-Loss Pill Success Eli Lilly's stock surged by up to 17% following the announcement of successful phase-three trial results for its new weight-loss pill, orforglipron. This once-daily oral medication demonstrated effectiveness comparable to injectable alternatives like Novo Nordisk's Ozempic, leading to an average weight loss of 16 pounds (about 8% of body weight) and a reduction in A1C levels by 1.3% to 1.6%. The promising results have investors optimistic about the drug's potential market impact. ​ United...
Read more

Stock Spotlight – Stock of the Week: UnitedHealth: Where Does the Company Stand After the Storm?

Image
  Stock Spotlight – Stock of the Week: UnitedHealth: Where Does the Company Stand After the Storm? UnitedHealth Group (NYSE: UNH), a cornerstone of the American healthcare industry, has weathered its share of challenges over the past year. From regulatory pressures and increased utilization costs to a rapidly evolving competitive landscape, investors have had plenty to digest. But as the dust settles, one question remains: Where does UnitedHealth stand now—and is it still a buy? A Quick Look Back: Navigating Headwinds 2024 was a turbulent year for UnitedHealth. The company faced mounting pressure from multiple fronts: Rising medical costs , particularly in its Medicare Advantage segment, dented margins. Regulatory scrutiny intensified, especially around pharmacy benefit management (PBM) practices and alleged anti-competitive behavior. The change in utilization patterns , with more seniors returning to in-person care post-pandemic, increased short-term claims expenses. ...
Read more