Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Nvidia (NVDA) said its board has approved a $150 billion increase to its share repurchase program, raising the total program to $235 billion. Shares were up 2.3%.

- MongoDB (MDB) shares are sinking 25% on Monday, after the database software company said that CEO Chirantan “CJ” Desai has stepped down, effective immediately, for a senior role at Meta Platforms. The news comes ahead of an investor day event on Tuesday.

- James Hardie Industries (JHX) shares fall after Citi cut the recommendation on the building materials company to neutral from buy, citing an “uncertain” outlook for government bond yields.
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On this episode of Stock Movers:

- Nvidia (NVDA) shares gain. Nvidia Corp. increased the size of its share buyback plan by $150 billion, taking the total remaining authorized amount to $235 billion. Separately, Nvidia Corp. introduced a new double-layered artificial intelligence security system that it says would’ve prevented the recent high-profile breach of Hugging Face by OpenAI’s AI models.

- Meta (META) shares drop. Meta Platforms Inc. has tapped MongoDB Inc.'s president and chief executive officer to lead a new AI platform for enterprise customers. The new business unit, called Meta Enterprise Platform, aims to help businesses use AI to grow and transform in new ways. The new business unit, called Meta Enterprise Platform, aims to help businesses use AI to grow and transform in new ways.

- Microstrategy (MSTR) is dropping due to broader declines in the price of Bitcoin. The macro backdrop has weighed on cryptocurrencies, with crypto falling along with stocks and bonds after President Donald Trump rejected Iran’s latest proposal.
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On this episode of Stock Movers:
- Frontline (FRO) shares are up with record-breaking profits driven by high spot tanker rates from global shipping disruptions.
- ConocoPhillips (COP) shares are climbing due to stronger-than-expected earnings and rising crude oil prices driven by geopolitical supply concerns
- Royal Gold (RGLD) shares drop as other gold and silver stocks fall. This comes as persistent tensions in the Middle East push up government bond yields and dent the appeal of non-yielding metals.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nvidia (NVDA) shares are up after the board of the leader in AI chips authorized an additional $150 billion under the company’s existing share-repurchase program. The move increases the total remaining amount authorized to $235 billion.
- Australia’s Northern Star Resources Ltd. rejected a takeover approach from South African rival Gold Fields Ltd. that could have created the second-largest gold miner, saying the A$38.7 billion ($27.1 billion) cash-and-shares offer undervalued its business.
- Roblox (RBLX) was cut to underperform from hold at Jefferies, which said the stock’s 30% rally since the gaming company’s second-quarter results in July reflects an overly optimistic view of bookings for the next 12 months.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nvidia (NVDA) the chip developer at the heart of the artificial intelligence boom, increased the size of its share buyback plan by $150 billion, increasing the total remaining amount authorized to $235 billion.
- SK Hynix (000660 KS) shares drop as much as 4.9% after reports of subsidiary Solidigm’s IPO plans trigger concerns over the rationale behind the move.
- SpaceX (SPCX) is poised to launch its massive Starship to orbit for the first time on Monday, a critical milestone that could pave the way for the test rocket to begin regular satellite launches.
See omnystudio.com/listener for privacy information.