These are the stocks posting the largest moves midday.
Check out the companies making the biggest moves midday: Taiwan Semiconductor — Shares surged 12% after the company, which is the world's largest producer of advanced chips, reported a 54% gain in net profit for the third quarter driven by strong artificial intelligence-related demand. Shares of chip giants Nvidia and Micron each rose about 3% in sympathy following the quarterly results. Nvidia — The AI darling was up nearly 3% after hitting a record high earlier in the trading session.
CSX's earnings were 46 cents per share on revenue of $3.62 billion. That is below the consensus estimate of 48 cents per share and $3.67 billion in revenue, per LSEG. Nokia — U.S.-listed shares of the Finnish telecommunications giant fell 3% after the company posted an 8% dip in third-quarter sales due to a slowdown in the Indian market. However, its quarterly profit increased 22%.
NVIDIA Corp Micron Technology Inc Regwall-Marketmovers Market Insider Markets Economy Business Stock Markets Breaking News: Markets Taiwan Semiconductor Manufacturing Co Ltd Taiwan Semiconductor Manufacturing Co Ltd Expedia Group Inc Uber Technologies Inc Elevance Health Inc Travelers Companies Inc Lucid Group Inc Blackstone Inc CSX Corp Nokia Oyj Nokia Corp Alcoa Corp Equifax Inc Steel Dynamics Inc Synovus Financial Corp Business News
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