Today's Morning Movers and Top Ratings: AAPL, MMM, NVDA, COIN and More

$Coinbase (COIN.US)$ 's stock saw a 5.2% increase as it followed the rise in bitcoin prices, with the leading cryptocurrency up approximately 4% after a downturn the previous day.

Semiconductor stocks experienced a rebound, with $NVIDIA (NVDA.US)$ , $Broadcom (AVGO.US)$ , $Qualcomm (QCOM.US)$ , and $Micron Technology (MU.US)$ all posting gains exceeding 2%. This movement came as the sector attempted to recoup some of the losses it faced earlier in the week.

$3M (MMM.US)$ 's stock climbed by 6.7% as the industrial conglomerate raised the low end of its full-year adjusted profit forecast, citing anticipated benefits from restructuring measures alongside increasing demand for electronics.

$Bristol-Myers Squibb (BMY.US)$ saw its stock increase by 5.0% following the release of second-quarter results that exceeded expectations, thanks to the growth of new products such as Reblozyl for anemia and Camzyos for heart conditions, in addition to strong performance from its leading product, the blood thinner Eliquis.

$Apple (AAPL.US)$ 's stock experienced a 1.1% uptick. Despite a 6.7% drop in smartphone shipments in China for the second quarter of 2024, as reported by Canalys, the overall positive market sentiment lifted the tech giant's shares.

$Novo-Nordisk A/S (NVO.US)$ 's shares edged up by 0.6% after the European Union’s medical regulator endorsed its Wegovy weight loss drug for reducing heart risks.

$Deckers Outdoor (DECK.US)$ 's stock surged by 12.2% when the company, known for athletic shoes and apparel, increased its annual profit forecast after outperforming in the first quarter.

$Baker Hughes (BKR.US)$ stock appreciated by 1.9% on the back of a second-quarter profit that surpassed estimates, bolstered by robust international operations.

$Charter Communications (CHTR.US)$ enjoyed a 7.54% jump in stock value after the cable operator reported earnings for the second quarter that topped expectations.

$Walmart (WMT.US)$ 's shares rose by 0.44% amid reports from Reuters about the retail giant's plans to invest around $200 million in autonomous forklifts, part of a larger initiative to increase warehouse automation.

$DexCom (DXCM.US)$ 's stock plummeted by 37% after the medical device company reduced its annual revenue forecast due to a shortfall in new customer sign-ups.