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Top Stock Movers Now: Super Micro Computer, AMD, Newmont, and More

The logo of Super Micro Computer, Inc. (Supermicro) is displayed on a smartphone screen, with the company's branding visible in the background
Su🐷per Micro Computer shares soared for a second straight session Wednesday.

Cheng Xin / Getty Images

Key Takeaways

  • U.S. equities were edging up at midday, with the S&P 500 and Nasdaq driven higher by solid gains from tech shares.
  • Super Micro Computer was the best-performing stock in the S&P 500 on a $20 billion deal with Saudi firm DataVolt to "fast-track delivery of ultra-dense GPU platforms and rack systems."
  • American Eagle Outfitters pulled its outlook, citing uncertainty with the macroeconomic environment.

U.S. equities were edging up at midday, as tech shares lifted the S&P 500 and Nasdaq, while the 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average was near flat.  

Super Micro Computer (SMCI) was the best-performing stock in the S&P 500 on a $20 billion deal with Saudi firm DataVolt to "fast-track delivery of ultra🔯-dense GPU platforms and rack ꧂systems."

Shares of Southwest Airlines (LUV) gained as the Texas-based carrier is planning more international flight offe🗹rings.

Advanced Micro Devices (AMD) shares jumped when the chipmaker announced a $6 billion 澳洲幸运5开奖号码历史查询:share repurchase program. 

American Eagle Outfitters (AEO) shares slid aft𓂃er the maker of specialty clothing and accessories withdrew its guidance, pointing to m༒acroeconomic uncertainty.

Shares of Newmont (NEM) and rival gold miners tumbled along with the price of the precious metal, which traded at its lowest level in more than a month. Demand has dropped as Trump administration trade deals have made gold less attractive as a haven for investors.

Electric vehicle (EV) manufacturer Rivian Automotive (RIVN) shares dropped on a downgrade from Jefferies, which pointed to a downbeat demand ღoutlook for the firm's EVs.

Oil futures fell. The yield on the 10-year Treasury note rose. The U.S. dollar gained on the pound, but lost ground to the euro and yen. Trading in major cryptocurrencies was mostly lower.

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