Advertisement
Singapore markets open in 2 hours 11 minutes

  • Straits Times Index

    3,439.88
    +24.37 (+0.71%)
     

  • S&P 500

    5,537.02
    +28.01 (+0.51%)
     

  • Dow

    39,308.00
    -23.90 (-0.06%)
     

  • Nasdaq

    18,188.30
    +159.54 (+0.88%)
     

  • Bitcoin USD

    58,181.20
    -2,100.62 (-3.48%)
     

  • CMC Crypto 200

    1,216.65
    -44.53 (-3.53%)
     

  • FTSE 100

    8,241.26
    +70.14 (+0.86%)
     

  • Gold

    2,369.40
    0.00 (0.00%)
     

  • Crude Oil

    84.00
    +0.12 (+0.14%)
     

  • 10-Yr Bond

    4.3550
    0.0000 (0.00%)
     

  • Nikkei

    40,913.65
    +332.89 (+0.82%)
     

  • Hang Seng

    18,028.28
    +49.71 (+0.28%)
     

  • FTSE Bursa Malaysia

    1,616.75
    +1.43 (+0.09%)
     

  • Jakarta Composite Index

    7,220.89
    -7,196.75 (-49.92%)
     

  • PSE Index

    6,507.49
    +57.46 (+0.89%)
     

Midday movers: Hess, Chevron, Okta, Apple and more

Investing.com
·2-min read

Investing.com -- U.S. stocks reversed earlier losses to turn green on Monday despite rising bond yields as investors await quarterly earnings from a number of tech giants this week.

Here are some of the biggest U.S. stock movers today:

Hess (NYSE:HES) stock fell 0.9% and Chevron (NYSE:CVX) stock fell 3.1% after the oil major launched a bid to acquire its smaller rival in an all-stock deal valued at $53 billion.

Okta (NASDAQ:OKTA) stock fell 7.9%, continuing Friday’s selloff after the cybersecurity firm disclosed a breach of its customer support system that allowed some hackers to view files uploaded by certain clients.

ADVERTISEMENT

Apple (NASDAQ:AAPL) stock rose 0.3% after word that Foxconn, a major supplier of Apple's iPhones, faces a tax probe in China, according to a report in the state-backed Global Times newspaper.

Roivant Sciences (NASDAQ:ROIV) stock fell 4.7% in volatile trading after Roche agreed to pay an initial $7.1 billion to the drug maker, in combination with Pfizer (NYSE:PFE), up 1.7%, for rights to a new inflammatory bowel disease drug.

Tesla (NASDAQ:TSLA) stock rose 2.2% after the EV manufacturer said its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year.

Pinterest (NYSE:PINS) stock rose 3.2% after Stifel upgraded the image sharing company to ‘buy’ from ‘hold’, seeing substantial growth potential beyond the domestic market.

Walgreens (NASDAQ:WBA) stock rose 4.7% after JPMorgan upgraded the pharmacy chain to ‘overweight’ from ‘neutral’, saying the recent leadership transition, with Tim Wentworth assuming the CEO role, marks the commencement of a new phase for its shares.

Salesforce (NYSE:CRM) stock fell 0.3% and Unity Software (NYSE:U) dropped 1.3% after Piper Sandler downgraded both software companies to ‘neutral’ from ‘overweight’, while Asana (NYSE:ASAN) rose 0.6% after Piper Sandler dropped it to ‘underweight’ from ‘neutral’.

Related Articles

Midday movers: Hess, Chevron, Okta, Apple and more

Exclusive-Nvidia to make Arm-based PC chips in major new challenge to Intel

Kuben Naidoo seeks resignation from SARB, leaving monetary policy void