Nvidia Drops, Boeing Falls, Dexcom Rises on Growth Outlook, Elliott Stake
On this episode of Stock Movers:
-Nvidia (NVDA) shares drop. US President Donald Trump discussed guardrails on artificial intelligence with Chinese leader Xi Jinping during a two-day summit in Beijing. Trump said Nvidia Corp.'s H200 chips also came up during the meeting, and that China hasn't approved purchases of the chips because they want to develop their own.
-Boeing (BA) shares fall. Boeing Co. appears to have secured an order from China during US President Donald Trump's visit to the country, but details on numbers, aircraft type, and timing are unclear. Trump mentioned that China would buy "big" aircraft, initially stating 200, and later suggesting the possibility of up to 750 planes, but provided no specifics.
-Dexcom (DXCM) shares rise after the diabetes device maker gave long-term growth outlook at its Investor Day, that impressed analysts. Separately, activist investor Elliott Investment Management took a stake in the company and struck a settlement that will put two independent directors on the board.
See omnystudio.com/listener for privacy information.
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On this episode of Stock Movers:
-Nvidia (NVDA) shares drop. US President Donald Trump discussed guardrails on artificial intelligence with Chinese leader Xi Jinping during a two-day summit in Beijing. Trump said Nvidia Corp.'s H200 chips also came up during the meeting, and that China hasn't approved purchases of the chips because they want to develop their own.
-Boeing (BA) shares fall. Boeing Co. appears to have secured an order from China during US President Donald Trump's visit to the country, but details on numbers, aircraft type, and timing are unclear. Trump mentioned that China would buy "big" aircraft, initially stating 200, and later suggesting the possibility of up to 750 planes, but provided no specifics.
-Dexcom (DXCM) shares rise after the diabetes device maker gave long-term growth outlook at its Investor Day, that impressed analysts. Separately, activist investor Elliott Investment Management took a stake in the company and struck a settlement that will put two independent directors on the board.
See omnystudio.com/listener for privacy information.
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