Today's Morning Movers and Top Ratings | TSLA, NVDA, JBLU, HON and More
Morning Movers
Gapping up
$Tesla (TSLA.US)$ stock climbed 2.94% following reports by Reuters that the electric vehicle manufacturer plans to introduce a six-seat variant of its Model Y car in China starting late 2025.
$NVIDIA (NVDA.US)$ stock rose by 0.2% after a significant drop of over 11% during the past two sessions, despite stating it did not receive a U.S. Justice Department subpoena.
$United States Steel (X.US)$ stock increased by 1.8%, rebounding from a 17% loss in the previous session, amid news that President Joe Biden may block its proposed $14.9 billion takeover by Japan's Nippon Steel due to national security concerns.
$NIO Inc (NIO.US)$ stock advanced 4.0% after the electric vehicle manufacturer reported better-than-expected second-quarter earnings and record-high deliveries.
$JetBlue Airways (JBLU.US)$ stock jumped 6.4% as the airline raised its third-quarter revenue forecast due to robust travel demand during the summer.
Gapping down
$Frontier Communications (FYBR.US)$ stock dropped 10.1%, following a previous session gain of 37%, after Verizon, up 1.2%, announced plans to acquire the company, aiming to enhance its fiber network.
$C3.ai (AI.US)$ stock plummeted 18.4% after the AI software company fell short of quarterly subscription revenue estimates amid tightened enterprise spending due to economic uncertainties.
$ChargePoint (CHPT.US)$ stock declined by 7.1% following a decrease in second-quarter sales, softer future guidance, and a decision to reduce its workforce by 15%.
$Honeywell (HON.US)$ stock slightly decreased by 0.25% after the company named insider Mike Stepniak as the new chief financial officer, succeeding Greg Lewis who decided to step down.
Source: CNBC; Investing.com
US Top Rating Updates on 09/05
Source: Dow Jones
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