Top Stock Movers Now: Intel, Corning, SolarEdge, and More

The Nasdaq deed a grounds precocious successful intraday trading Monday, while nan S&P 500 and Dow were small changed arsenic tech stocks gained.

Corning (GLW) was nan best-performing banal successful nan S&P 500 aft nan specialty solid shaper raised its guidance connected expanding request for its optical connectivity products for generative artificial intelligence (AI) applications.

Intel (INTC) shares surged, on pinch shares of AMD (AMD) aft Melius Research analysts suggested nan stocks could spot gains from AI successful nan 2nd half of nan year.

Shares of IDEAYA Biosciences (IDYA) besides jumped aft nan oncology medicine patient reported affirmative results successful a Phase-2 proceedings of its curen for immoderate bladder and lung cancers.

Solar stocks gained arsenic Bank of America upgraded SolarEdge Technologies (SEDG), arguing nan banal is undervalued.

Devon Energy (DVN) shares fell arsenic nan power patient agreed to salary $5 billion to acquisition privately held Grayson Mill Energy, expanding its scope into nan Williston Basin.

Paramount Global (PARA) shares declined arsenic nan institution agreed to merge pinch Skydance Media, bringing an extremity to months of negotiations.

Oil and golden futures fell, while nan output connected nan 10-year Treasury statement advanced. The U.S. dollar gained connected nan euro, but declined versus nan lb and yen. Prices for astir awesome cryptocurrencies were higher.