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BUZZ-U.S. STOCKS ON THE MOVE-Medtronic, Texas Instruments, Fabrinet

Reuters·08/20/2024 18:13:19
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BUZZ-U.S. STOCKS ON THE MOVE-Medtronic, Texas Instruments, Fabrinet

Eikon search string for individual stock moves: STXBZ

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Wall Street's main indexes slipped in volatile trading on Tuesday, ahead of a symposium at Jackson Hole later this week and minutes from the Federal Reserve's meeting last month which could offer clues on a September interest rate cut. .N


At 13:33 ET, the Dow Jones Industrial Average .DJI was down 0.18% at 40,823.52. The S&P 500 .SPX was down 0.28% at 5,592.74 and the Nasdaq Composite .IXIC was down 0.42% at 17,800.993.

The top three S&P 500 .PG.INX percentage gainers:
** Palo Alto Networks, Inc PANW.O, up 8.8%
** Darden Restaurants, Inc DRI.N, up 4%
** PayPal Holdings, Inc PYPL.O, up 3.1%

The top three S&P 500 .PL.INX percentage losers:
** Insulet Corp PODD.O, down 6.7%
** DexCom, Inc DXCM.O, down 6%
** Boeing Co BA.N, down 4.4%

The top two NYSE .PG.N percentage gainers:
** Fabrinet FN.N, up 18.9%
** Indonesia Energy Corp Limited INDO.N, up 14.5%

The top three NYSE .PL.N percentage losers:
** Torrid Holdings Inc CURV.N, down 25.4 %
** Emergent BioSolutions, Inc EBS.N, down 20.7 %
** Ginkgo Bioworks Holdings, Inc DNA.N, down 18.7 %

The top three Nasdaq .PG.O percentage gainers:
** Titan Pharmaceuticals, Inc TTNP.O, up 95.6 %
** Graphjet Technology GTI.O, up 44.5 %
** Intuitive Machines, Inc LUNR.O, up 40 %

The top three Nasdaq .PL.O percentage losers:
** Evoke Pharma, Inc EVOK.O, down 31.3%
** Virax Biolabs Group Limited VRAX.O, down 28.1%
** Faraday Future Intelligent Electric Inc FFIE.O, down 24.3%

** Genmab A/S GMAB.O: down 2.3%
BUZZ - JPM downgrades Genmab on uncertainty around J&J's HexabodyCD38 decision


** Hawaiian Holdings Inc HA.O: up 11.4%
BUZZ - Jumps after merger with Alaska Airlines gets US DOJ


** Boeing Co BA.N: down 4.4%
BUZZ - Falls after halting 777-9 test flights

** Palo Alto Networks Inc PANW.O: up 8.8%
BUZZ - Eyes best day in a year after FY25 outlook above estimates


** Bit Digital Inc BTBT.O: up 16.6%
BUZZ - Jumps after Q2 revenue more than triples


** CMS Energy Corp CMS.N: up 0.1%
BUZZ - Scotiabank raises PTs on US utility firms


** Navios Maritime Partners LP NMM.N: up 11.4%
BUZZ - Gains after upbeat Q2 profit


** Newmont Corp NEM.N: up 0.3%

** Barrick Gold Corp GOLD.N: up 1.1%

** Gold Fields Ltd GFI.N: up 0.4%

** Harmony Gold Mining Company Ltd HMY.N: up 2.4%
BUZZ - Gold miners rise as bullion extends rally on weaker US dollar


** Eli Lilly and Co LLY.N: up 2.1%
BUZZ - Rises as weight-loss drug cuts diabetes risk by 94% in trial


** GeoVax Labs Inc GOVX.O: down 22.2%
BUZZ - Tumbles on deep-discounted direct stock offering

** Workhorse Group Inc WKHS.O: down 22.7%
BUZZ - Slides as revenue cash balance tumble


** Paramount Global PARA.O: down 0.7%
BUZZ - Down after Edgar Bronfman submits about $4.3 bln bid for co


** Medtronic PLC MDT.N: up 1.7%
BUZZ - Rises after lifting lower end of annual profit forecast


** Bank of America Corp BAC.N: down 2.3%
BUZZ - Dips after Berkshire Hathaway cuts stake again


** Vornado Realty Trust VNO.N: up 0.7%
BUZZ - Rises after Evercore double upgrade


** CNX Resources Corp CNX.N: down 1.9%

** EQT Corp EQT.N: down 1.5%

** New Fortress Energy Inc NFE.O: down 2.8%

** Chesapeake Energy Corp CHK.O: down 1.6%
BUZZ - Natgas stocks fall as forecasts for less heat, lower demand weigh on prices


** Emeren Group Ltd SOL.N: up 10.6%
BUZZ - Rises after beating Q2 revenue estimates


** Dentsply Sirona Inc XRAY.O: down 5.6%
BUZZ - Falls after CFO to resign

** Telos Corp TLS.O: up 16.4%
BUZZ - Rallies 25% after $12.5 bln U.S. Air Force contract win


** Texas Instruments Inc TXN.O: up 0.4%
BUZZ - Up after it expects free cash flow to jump in 2026


** Exxon Mobil Corp XOM.N: down 3.0%

** APA Corp APA.O: down 3.3%

** Valero Energy Corp VLO.N: down 3.9%
BUZZ - Oil firms fall on easing Middle East tensions, weak China data


** Fabrinet FN.N: up 18.9%
BUZZ - Jumps on upbeat Q1 revenue forecast, quarterly results beat


The 11 major S&P 500 sectors:

Communication Services

.SPLRCL

up 0.15%

Consumer Discretionary

.SPLRCD

down 0.23%

Consumer Staples

.SPLRCS

up 0.32%

Energy

.SPNY

down 2.27%

Financial

.SPSY

down 0.44%

Health

.SPXHC

up 0.29%

Industrial

.SPLRCI

down 0.48%

Information Technology

.SPLRCT

down 0.39%

Materials

.SPLRCM

down 0.37%

Real Estate

.SPLRCR

down 0.24%

Utilities

.SPLRCU

down 0.25%


(Compiled by Rajarshi Roy and Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))