Today's Morning Movers and Top Ratings | MSFT, BLK, X, VFC and More
Morning Movers
Gapping up
$Microsoft (MSFT.US)$ rose by 0.24%, and $Blackrock (BLK.US)$ rose by 0.33% after announcing plans to jointly invest $100 billion in artificial intelligence data centers and related power efforts.
$Hilton Worldwide (HLT.US)$ Goldman Sachs initiated Buy rating for the company. Its shares rose by 0.44% in premarket trading.
$United States Steel (X.US)$ Shares advanced more than 5% following a Reuters report that the Committee on Foreign Investment in the United States deferred a review of Nippon Steel's acquisition bid for U.S. Steel until after the November election.
$Intuitive Machines (LUNR.US)$ The space exploration company's shares surged more than 52% after securing a nearly $5 billion contract from NASA for space network services.
$VF Corp (VFC.US)$ Shares increased by 3.5% after Barclays upgraded the apparel company, known for brands like The North Face and Vans, to overweight from equal weight, citing an attractive risk-reward profile.
Gapping down
$General Mills (GIS.US)$ Shares fell by 1.7% as the company reported a 14% drop in last quarter's profits, attributed to lighter margins driven by higher input costs.
$ResMed (RMD.US)$ Shares slipped 2.7% on light trading volume after Wolfe Research downgraded the company to underperform from peer perform, citing expected revenue growth deceleration due to increasing competition from Eli Lilly’s GLP-1 medication.
Source: CNBC; Investing.com
US Top Rating Updates on 09/18
Source: Dow Jones
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