Check out the companies making the biggest moves midday: Nova Minerals — The miner soared 83%, on pace for its best day ever, after it said the Australian ambassador to the U.S. approached the company regarding its Estelle Gold and Critical Minerals Project in Alaska. “This briefing is in preparation for the upcoming meeting between Australian Prime Minister Anthony Albanese and U.S. President Donald Trump,” scheduled for next week, Nova Materials said in a statement. Ericsson — Shares of the Swedish telecom giant rallied nearly 20% after its quarterly earnings beat expectations. The company also downplayed the impact U.S. tariffs may have on its bottom line. T-Mobile — The wireless communications services provider’s stock added 2% following an upgrade at RBC Capital Markets to outperform from sector perform. The firm cited solid operating trends and valuation compression so far this year for the call. Albertsons — The supermarket chain jumped more than 11% after fiscal second-quarter earnings excluding one-time items as well as revenue topped Wall Street estimates, as compiled by FactSet. The board also authorized an accelerated, $750 million stock buyback . Domino’s Pizza — The Michigan-based pizza shop operator added more than 4% after th ird quarter earnings and revenue exceeded analysts estimates as compiled by Factset. Domino’s U.S. same-store sales grew by 5.2% in the latest quarter versus the year-earlier period, better than the 4.2% that the Street had forecast, according to FactSet. JPMorgan Chase — Shares ticked lower by 1.4% even after JPMorgan Chase results topped analyst estimates ; trading revenue hit a record of nearly $9 billion. Goldman Sachs — The investment bank fell 1.8% despite Goldman exceeding Wall Street estimates on better-than-expected investment banking activity and bond trading. Goldman earned $12.25 per share, more than analysts’ consensus $11 a share, according to LSEG. Revenue of $15.2 billion beat the anticipated $14.1 billion. Wells Fargo — San Francisco-based Wells’ third-quarter financial results topped expectations, sending shares 6.8% higher. Earnings came in at $1.66 per share on $21.44 billion in revenue, versus the $1.55 a share on $21.15 billion in revenue estimated by analysts polled by LSEG. Wells Fargo also raised its profitability target. Citigroup — Shares rose 3% after Citi said it earned $2.24 per share in the third quarter, ahead of the $1.90 per share LSEG expected. Revenue of $22.09 billion also exceeded the consensus forecast for $21.09 billion. Energy Fuels , MP Materials , USA Rare Earth — Rare earth miners continued to move higher after China imposed export restrictions and speculation mounted that the Trump administration will invest more in the domestic supply chain. Energy Fuels climbed more than 9%, MP Materials gained about 3% and USA Rare Earth surged nearly 1%. General Motors — The Detroit automaker said in a public filing that its third-quarter results, expected next week, will include a $1.6 billion charge due to a pullback in its electric-vehicle ambitions. Still, the stock gained 2.4%. Polaris — The snowmobile vehicle maker rallied 12% after it said it would spin off its Indian Motorcycle business. The transaction is expected to close in the first quarter of 2026. Arm Holdings — The British semiconductor designer added 3% after The Information reported that OpenAI is working with Arm to develop a custom central processing unit as part of OpenAI’s partnership with Broadcom . — CNBC’s Sarah Min, Michelle Fox, Scott Schnipper , Spencer Kimball and Alex Harring contributed reporting.
Add A Comment