The S&P 500 and Nasdaq were higher at midday Monday, rebounding from last week’s tech selloff, with key tech earnings due later in the week. The Dow was little changed.
Nvidia (NVDA) shares rose, with the artificial intelligence (AI) chipmaker reportedly making a version of its Blackwell chip for the Chinese market compliant with U.S. export controls.
Tesla (TSLA) shares also gained ahead of the electric vehicle (EV) maker’s earnings report Tuesday, after the company reported encouraging deliveries numbers earlier this month.
IQVIA (IQV) shares jumped after the healthcare industry analytics firm beat profit and sales estimates and raised its outlook on rising demand.
Vista Outdoor (VSTO) shares gained as the maker and marketer of sporting and outdoor products received a higher offer for its Kinetic Group unit from Prague-based defense company Czechoslovak Group.
Shares of CrowdStrike (CRWD) tumbled, extending Friday’s losses following the cybersecurity firm’s update that caused a global …