These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company's stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident.
In addition, the company warned consolidated sales for copper and gold will be lower in the third quarter than it previously expected. UniQure — Shares of the biotech firm soared more than 250% after its experimental gene therapy for Huntington's slowed progress of the neurodegenerative disease's progress in a key clinical trial. Thor Industries — Shares of the Airstream manufacturer rose nearly 6% after posting better-than-expected earnings. Thor earned $2.36 per share, excluding items, on revenue of $2.52 billion. Analysts had anticipated Thor would earn $1.28 per share on $2.32 billion. Alibaba — U.S.-listed shares of the Chinese tech company jumped more than 9% after Alibaba said it will boost spending on artificial intelligence models and development. It also unveiled new AI products and updates. Lithium Americas — The mining stock rose more than 96% after Reuters reported, citing people familiar with the matter, that the Trump administration was looking to acquire a stake of up to 10% in the company. Oracle – The database software company's stock dropped 4% amid uncertainty over the extent to which Oracle will exercise control over TikTok's algorithm as part of its deal to purchase the social media platform alongside other BigTech investors from China-based ByteDance. Micron — Shares fell more than 4% even after the company posted a better-than-expected quarterly report and upbeat current-quarter guidance. The stock has nearly doubled so far in 2025. Coinbase — Shares rose 1% after the cryptocurrency exchange launched the x402 Foundation in collaboration with Cloudflare to establish a universal standard for AI-driven payments. The crypto stock rose alongside bitcoin, which was up more than 1%. MillerKnoll — Shares of the office furniture company fell about 7% despite having outpaced analyst estimates in the latest quarter. The company said it is getting a boost from a pick-up in office leasing activity. Douglas Elliman — The luxury real estate brokerage's shares fell 5% after Reuters reported a Wall Street watchdog is investigating alleged insider-trading activity linked to a failed bid to take over the firm. The probe is still in its early stages, the report said. — CNBC's Liz Napolitano, Sarah Min, Sean Conlon, Yun Li, Alex Harring and Michelle Fox contributed reporting.
Lithium Americas Corp Lithium Americas Corp Micron Technology Inc Douglas Elliman Inc Coinbase Global Inc Oracle Corp Millerknoll Inc Alibaba Group Holding Ltd Alibaba Group Holding Ltd Market Insider Markets Economy Stock Markets Breaking News: Markets Business Microsoft Corp NVIDIA Corp Uniqure NV Uniqure NV Freeport-Mcmoran Inc Thor Industries Inc Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US re-evaluating $2.3B loan for Thacker Pass lithium mine in NevadaThe record-high loan to Lithium Americas, finalized in 2024, would have provided most of the capital for the construction of a processing plant.
Read more »
Trump wants piece of company in charge of America’s biggest lithium mineThe Trump administration is seeking an equity stake of as much as 10% in Lithium Americas.
Read more »
Market Movers: Alibaba Soars on AI Investment, Lithium Americas Skyrockets on Potential Government StakeSeveral companies made headlines before the market opened. Alibaba announced a boost in AI spending, sending its stock up. Lithium Americas surged on news of potential government investment. Other companies like Oracle, Micron, Coinbase, MillerKnoll, Douglas Elliman, Microsoft, and Nvidia also saw movements, driven by factors like earnings, partnerships, and market trends.
Read more »
Lithium Americas soars 65% as Trump administration seeks equity stake in Canadian minerIt is the latest move by the White House to take direct ownership in the U.S. critical mineral supply chain.
Read more »
Lithium Americas shares soar 85% on Trump stake reportThe company confirmed that is in talks with the US DOE about loan conditions for construction at the Thacker Pass lithium project.
Read more »
Lithium Americas (LAC) stock price up 93% on report Trump admin wants stakeBusiness Insider tells the global tech, finance, stock market, media, economy, lifestyle, real estate, AI and innovative stories you want to know.
Read more »