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News for India > Finance > Stocks making the biggest moves midday: First Solar, Newmont, Wells Fargo, Nvidia & more
Finance

Stocks making the biggest moves midday: First Solar, Newmont, Wells Fargo, Nvidia & more

Last updated: July 15, 2025 9:39 pm
3 weeks ago
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Check out the companies making the biggest moves midday: First Solar – Shares of the major domestic solar panel producer popped 6%. Bloomberg News reported that the U.S. Commerce Department has launched Section 232 investigations into imports of drones and polysilicon, which is used on solar panels. The move could be a precursor to tariffs, which may be imposed on goods under Section 232 if they are deemed a threat to national security. Newmont — The mining stock dropped 8% after Newmont disclosed CFO Karyn Ovelmen had left the company. JPMorgan Chase — Shares fell less than 1% even after the bank posted second-quarter earnings that beat analyst expectations. Investment banking and trading revenue drove the stronger-than-expected numbers. Wells Fargo — Shares were down 5% after the company lowered its 2025 net income guidance to roughly in line with 2024 levels. The bank previously expected an increase of 1% to 3%. The forecast reduction overshadowed better-than-expected second-quarter profits. Citigroup — Shares added 3% after the bank posted second-quarter results that exceeded analyst expectations. Citigroup earned $1.96 per share on revenue of $21.67 billion, while analysts polled by LSEG had expected earnings of $1.60 on $20.98 billion in revenue. BlackRock — Stock in the world’s largest asset manager dropped 5% after second-quarter revenue missed Wall Street’s expectations. BlackRock reported revenue of $5.42 billion, while analysts surveyed by LSEG were looking for $5.46 billion. The company also reported some outflows from an institutional client, though BlackRock still saw net inflows in Q2. CoreWeave — The AI cloud computing firm rose more than 8% after it committed to spending $6 billion on a new artificial intelligence data center in Pennsylvania. This was just one of several announcements Tuesday as part of a push by the Trump administration. Among those was Google ‘s plan to spend $25 billion on data centers and AI infrastructure. State Street — Shares slipped 4% after the bank reported second-quarter net interest income of $729 million, while FactSet analysts had estimated $733.2 million. This shortfall overshadowed its second-quarter beat. Nvidia — Shares jumped 4% after the graphics processing unit manufacturer announced it will “soon” resume sales of its H20 AI chip to China upon receiving licenses from the U.S. government. The Trump administration had previously told the company in April that it would require a license to sell the chips in China, effectively halting sales. Fellow semiconductor chip stocks Advanced Micro Devices , Broadcom and Micron Technology respectively rose 6%, 2% and 1%. Trade Desk — Shares surged 9% after S & P Global announced that the digital advertising company is set to join the S & P 500 as of Friday. It will replace software maker Ansys, which will be acquired in a $35 billion deal by Synopsys. Shares of AppLovin and Robinhood Markets both shed around 1% upon being left out of the index once again. National Fuel Gas — Shares popped 6% on the heels of Bank of America’s double upgrade to buy from underperform. Bank of America said the energy company has improved productivity.



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TAGGED:BlackRock IncBreaking News: MarketsBusinessBusiness NewsCitigroup IncCoreWeave Inc.EconomyFirst Solar IncJPMorgan Chase & CoMarket InsiderMarketsNational Fuel Gas CoNewmont CorporationNVIDIA Corpregwall-marketmoversState Street CorpStock marketsTrade Desk IncWells Fargo & Co
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