Stocks Moving Today: Super Micro, Nvidia, MicroStrategy, Tesla, Symbotic, XPeng, Walmart, and More
Stock futures fell ahead of earnings from retailers Walmart and Lowe's and chip maker Nvidia. Reports of a change to Russia's nuclear doctrine also pressured stocks. Super Micro Computer surged after appointing an independent auditor and submitting a plan to regain compliance with Nasdaq listing requirements. Nvidia's third-quarter earnings are highly anticipated. Alphabet's stock declined after reports of potential structural changes to Google's business. Tesla's stock fell following news of President-elect Donald Trump's plan to create a federal framework for self-driving cars. MicroStrategy plans to sell convertible bonds to buy additional Bitcoin. Symbotic reported a profit in the fourth quarter, while XPeng reported a narrower loss. Earnings are also expected from Medtronic, Keysight Technologies, Viking Holdings, and Amer Sports.