Stocks to Watch: CXMT, LVMH, Nvidia, Chevron

Dow Jones17:05

Nvidia (NVDA): The AI chip company is in talks to provide a $250 billion backstop to OpenAI to fund a massive data-center project, WSJ reported. Shares ticked up in premarket trading along with other chip stocks.

CXMT (CN:688825): The memory-chip maker soared more than fivefold in its stock-market debut to become mainland China's most valuable company.

AstraZeneca (UK: AZN, AZN): The drugmaker's stock ticked up after it reported higher second-quarter revenue, driven by growth in oncology sales.

Chevron $(CVX)$, ExxonMobil Holdings $(XOM)$, BP (UK:BP): Stocks across the oil and gas industry slid following a weekend pause in U.S. strikes against Iran that pushed oil prices lower.

LVMH Moet Hennessy Louis Vuitton (FR:MC): The luxury-goods company is set to report its first-half results today after the French market close.

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