Midday movers: Nvidia erases gain; Carvana and Block rise
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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Carvana (CVNA) shares rise despite Kerrisdale Capital short report
February 26, 2024 12:53 PM ESTCarvana (NYSE: CVNA) shares are up around 2% Monday despite Kerrisdale Capital releasing a note saying it is short the stock.
The short-selling firm labelled Carvana a "poorly capitalized, growth-challenged auto retailer."
Carvana shares surged 32% last week and is now valued at around... More
Rivian Automotive Inc (RIVN) PT Lowered to $12 at Barclays
February 26, 2024 5:56 AM ESTBarclays analyst Dan Levy lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $12.00 (from $16.00) while maintaining a Equalweight rating.
The analyst comments "Key takes: 1. Demand weakness materializing amid softer order book, '24 volume guide reflects demand challenges; 2. Mgmt reaffirmed gross... More
NVIDIA (NVDA) PT Raised to $925 at New Street Research
February 23, 2024 9:21 AM ESTNew Street Research analyst Pierre Ferragu raised the price target on NVIDIA (NASDAQ: NVDA) to $925.00 (from $535.00) while maintaining a Buy rating.
... More
