Top Stock Movers Now: Nvidia, Apple, Kellanova, and More

U.S. equities plunged astatine midday Monday, extending their sell-off connected worries astir nan U.S. system pursuing past week’s weaker-than-expected jobs report. The Dow, S&P 500, and Nasdaq were each down much than 2%. The alleged “fear index,” nan Vix, soared to its highest level since 2020. 

Shares of Nvidia (NVDA) tumbled connected a study nan artificial intelligence (AI) chipmaker is delaying its next-generation AI chip by astatine slightest 3 months.

Intel (INTC) shares continued to suffer crushed aft reporting disappointing results and announcing layoff to trim costs.

Shares of Apple (AAPL) dropped aft Warren Buffett’s Berkshire Hathaway (BRK.B) slashed its stake successful nan iPhone shaper astir successful half. Berkshire shares mislaid crushed arsenic well.

Coinbase Global (COIN) and MicroStrategy (MSTR) shares sank on pinch nan value of Bitcoin and different awesome integer coins. 

Kellanova (K) shares skyrocketed connected a study that M&Ms shaper Mars is successful exclusive talks to buy nan nutrient company that owns brands including Pringles and Pop-Tarts.

Shares of Tyson Foods (TSN) precocious aft nan nutrient shaper beat profit and gross estimates arsenic income of beef and pork roseate and prices for provender declined. 

Oil and golden futures slid. The output connected nan 10-year Treasury statement was lower. The U.S. dollar dropped versus nan euro and yen, but was up connected nan pound.