Stocks making the biggest moves midday: Nvidia, Boeing, Live Nation Entertainment and more

Check out the companies making headlines in midday trading. Nvidia — The chipmaker and artificial intelligence beneficiary spiked 9.3% after Nvidia posted strong fiscal first-quarter results, issued better-than-expected guidance and announced a 10-for-1 stock split. Other AI and related semiconductor names rallied on the results. Super Micro Computer shares rose by 1.2%. Boeing — Shares dropped 7.6% after CFO Brian […]

Australia to make supermarket industry code mandatory, breaches may result in huge fines

Australia could impose billion dollar fines on big supermarket chains that fail to comply with an industry code of conduct, the federal government said on Monday as it seeks to address concerns that suppliers have been unfairly squeezed on pricing. Grocers with more than A$5 billion ($3.3 billion) in annual revenue – currently Woolworths, Coles, […]

Toronto market ends higher as commodity prices climb

Canada’s main stock index rose on Monday as higher commodity prices boosted resource shares and the market transitioned to a faster trade settlement standard, while investors looked ahead to bank earnings reports this week. The Toronto Stock Exchange’s S&P/TSX composite index (.GSPTSE), opens new tab ended up 52.51 points, or 0.2%, at 22,373.38, moving closer to the […]