Check out some of the stocks posting the biggest moves in midday trading. Molina Healthcare — Shares advanced about 4%. “Big Short” investor Michael Burry in a Substack post spoke highly of the health insurer and its valuation. He also drew a comparison to Warren Buffett’s investment in Geico. Intel — The chip company rose more than 3%. A day earlier, Nvidia disclosed in a regulatory filing that it has bought Intel shares valued at $5 billion, completing a transaction the artificial intelligence chip giant announced in September. Nvidia shares were little changed midday. OceanFirst Financial Group — The regional bank’s shares tumbled 6%. The company recently announced it would combine with Flushing Financial Corp. in an all-stock merger valued at $579 million. Flushing’s shares slid more than 8%. AXT — The manufacturer of semiconductor components saw shares rebound 10%. AXT sold off 5% on Monday after announcing it would issue more than 7 million shares of its common stock in a new public offering valued at roughly $87 million. Newmont — The mining stock rose 1.9% as silver and other precious metals rebounded from Monday’s pullback. Silver futures surged more than 7% on Tuesday, while the Global X Silver Miners ETF (SIL) gained 1.7%. Meta Platforms — The tech giant acquired Singapore-based startup Manus , which specializes in developing general-purpose AI agents. The terms of the deal were not disclosed. The Facebook parent’s shares last advanced 1%. Boeing — The aerospace giant rose almost 2% after the U.S. Air Force awarded it an $8.58 billion contract to build fighter jets for Israel’s military. — CNBC’s Sarah Min and Fred Imbert contributed reporting.
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Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
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