Nvidia $NVDA ( ▲ 3.74% ) : President Donald Trump said the US will allow Nvidia to ship its H200 AI chips to China and other regions. The US government will take a 25% cut on these sales, and only approved customers can receive the chips. Shares were up about 1%.
Ares Management $ARES ( ▲ 0.12% ) : Ares jumped 8.6% after being added to the S&P 500, effective Thursday. It will replace Kellanova, which is being acquired by Mars.
CVS $CVS ( ▲ 0.14% ): Shares rose more than 2% after CVS issued 2026 profit guidance that topped Wall Street expectations and this year’s projected earnings. Investors are viewing the outlook as another sign that the turnaround is gaining traction.
Toll Brothers $TOL ( ▼ 0.29% ): Toll Brothers fell 4% after missing earnings estimates. Adjusted earnings came in at $4.58 per share compared with the $4.89 analysts expected.
AeroVironment $AVAV ( ▲ 5.71% ): The drone maker climbed 2% after winning an $874.26 million Army contract for unmanned aircraft systems and counter-UAS equipment.
Home Depot $HD ( ▼ 2.29% ): Home Depot dipped more than 1% after issuing softer 2026 earnings growth guidance. The company expects adjusted diluted earnings to grow 0 to 4 percent, falling short of the 5.2 percent expansion analysts were looking for.
Alexander & Baldwin $ALEX ( ▲ 0.12% )
The Hawaii real estate investment trust surged nearly 38% after agreeing to be taken private in a $2.3 billion deal.
Viking $VIK ( ▲ 4.63% ): Viking gained 2% following a Goldman Sachs upgrade to buy. The firm highlighted Viking’s higher-income customer base and unique geographic exposure as potential buffers against volatility in the broader cruise industry. Norwegian Cruise Line $NCLH slipped nearly 2% after Goldman downgraded it to neutral.
AutoZone $AZO ( ▼ 1.0% ): Shares slid nearly 2% after AutoZone reported weaker first-quarter results. Earnings came in at $31.04 per share on $4.63 billion in revenue, missing expectations for $32.51 per share on $4.64 billion in revenue.