Today's Morning Movers and Top Ratings | NVDA, TXN, KR, AMAT and More

$Texas Instruments (TXN.US)$ stock increased by 1.3% following the signing of a preliminary memorandum with the U.S. Department of Commerce, which could lead to up to $1.6 billion in direct funding.

$The Kroger (KR.US)$ stock went up by 1.8% as the grocery chain revealed a plan to cut grocery prices by $1 billion after its anticipated $25 billion merger with Albertsons.

$NVIDIA (NVDA.US)$ stock gained 0.2% on the back of an analyst report from Jefferies predicting continued, albeit smaller, earnings beats in upcoming quarters.

$H&R Block (HRB.US)$ stock surged 8.8% after the company declared a 17% hike in its dividend and a $1.5 billion share repurchase program.

$Coherent (COHR.US)$ stock rose 3.1% after the company reported a significant increase in fourth-quarter revenue, mainly due to the strength of its Datacom transceiver business related to AI applications.

$Applied Materials (AMAT.US)$ stock declined by 2.3%, giving up some of its recent gains even though it projected fourth-quarter revenue slightly above expectations.

$Autodesk (ADSK.US)$ stock dropped 0.5% following a report that the company's executives continued a controversial sales strategy despite previous claims of discontinuation and overlooked associated risks.