Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Stocks making the biggest moves midday: Nvidia, Oracle, Constellation Energy, AT&T and more

By CNBC by By CNBC
January 27, 2025
Home Finance
Share on FacebookShare on Twitter


Check out the companies making headlines in midday trading: Nvidia — The chipmaker tumbled nearly 16% as the performance of a language model from Chinese startup DeepSeek raised questions about the amount of investment in artificial intelligence. With that performance, the high-flying AI name is on track to notch its worst day since March 2020. Chipmakers — Nvidia wasn’t the only semiconductor company falling sharply on the DeepSeek developments. Broadcom dropped about 17%, while Micron fell around 11%. Advanced Micro Devices slid nearly 6%. The VanEck Semiconductor ETF (SMH) lost more than 9%. Microsoft , Oracle — The well-known tech giants slid more than 3% and 11%, respectively, as investors wondered if their large investments in AI data centers wouldn’t pay off. Microsoft said it plans to spend $80 billion on the construction of these centers in the 2025 fiscal year, with about half of that money directed toward projects within the U.S. Oracle is one of the backers for the AI infrastructure project called Stargate that was announced by President Donald Trump last week. Power stocks — Power companies tied to the development of AI data centers also struggled. Constellation Energy and Vistra plummeted more than 18% and 27%, respectively. GE Vernova plunged around 20%, while Talen Energy dropped more than 22%. Crypto stocks — Stocks tied to the price of bitcoin came under pressure from the tech stock rout. Coinbase and MicroStrategy fell 7% and 5%, respectively. Bitcoin miners that power AI ventures suffered deeper losses. Core Scientific slid 28%, while TeraWulf lost 27%. Iren , formerly known as Iris Energy, fell 23%. AT & T — Shares moved nearly 6% higher after the telecommunications giant reported fourth-quarter adjusted earnings of 54 cents per share, topping the 50 cents expected from analysts polled by FactSet. Its revenue of $32.3 billion also exceeded the $32.02 billion consensus estimate. SoFi Technologies — Shares slipped 10% after the financial services platform posted a downbeat outlook for the first quarter, overshadowing the company’s better-than-expected earnings and revenue results. Travel + Leisure — The stock rose around 2% after Bank of America double upgraded it to buy from underperform. The firm said it sees the company reaching double-digit earnings per share growth this year amid a more resilient backdrop for leisure travel. Titan Machinery — The equipment retailer jumped 10% on the heels of Baird’s upgrade to outperform from neutral. Baird said the stock should be helped by shrinking inventories. Exelixis — The biotechnology stock popped 2% on the back of Morgan Stanley’s upgrade to overweight from equal weight. The firm called Exelixis’ valuation “undemanding.” Ralph Lauren — The apparel stock fell 3% following a downgrade to market perform from outperform at Raymond James. The investment firm said Ralph Lauren has limited upside due to its recent stock rally and the negative effect of the strengthening U.S. dollar on its financials. — CNBC’s Michelle Fox, Tanaya Macheel, Pia Singh, Sean Conlon and Jesse Pound contributed reporting.



Source link

Tags: Advanced Micro Devices IncAT&T IncBreaking News: MarketsBroadcom IncBusinessbusiness newsCoinbase Global IncConstellation Energy CorpCore Scientific IncDonald TrumpEconomyExelixis IncGE Vernova IncIris Energy LtdMarket InsiderMarketsMicron Technology IncMicrosoft CorpMicrostrategy IncNVIDIA CorpOracle CorpRalph LaurenRalph Lauren Corpregwall-marketmoversSoFi Technologies IncStock marketsTalen Energy CorpTeraWulf Inc.Titan Machinery IncTravel + Leisure CoUnited StatesVanEck Semiconductor ETFVistra Corp
By CNBC

By CNBC

Next Post
SISTERS NETWORK® INC. RELAUNCHES TEENS4PINK® PROGRAM WITH INNOVATIVE MOBILE APP

SISTERS NETWORK® INC. RELAUNCHES TEENS4PINK® PROGRAM WITH INNOVATIVE MOBILE APP

Recommended.

Cursor AI Code Editor Fixed Flaw Allowing Attackers to Run Commands via Prompt Injection

Cursor AI Code Editor Fixed Flaw Allowing Attackers to Run Commands via Prompt Injection

August 1, 2025
An AI Model for the Brain Is Coming to the ICU

An AI Model for the Brain Is Coming to the ICU

August 11, 2025

Trending.

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

October 6, 2025
Cloud Computing on the Rise: Market Projected to Reach .6 Trillion by 2030

Cloud Computing on the Rise: Market Projected to Reach $1.6 Trillion by 2030

August 1, 2025
Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

July 14, 2025
The Ultimate MSP Guide to Structuring and Selling vCISO Services

The Ultimate MSP Guide to Structuring and Selling vCISO Services

February 19, 2025
Translators’ Voices: China shares technological achievements with the world for mutual benefit

Translators’ Voices: China shares technological achievements with the world for mutual benefit

June 3, 2025

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio