U.S. stocks were mixed, with the Dow Jones index falling more than 100 points on Tuesday.
Shares of NVIDIA Corporation (NASDAQ:NVDA) rose during Tuesday's session on reports Elon Musk’s xAI plans to build a supercomputer that will power its Grok AI chatbot.
The company, last week, reported better-than-expected financial results for its first quarter and issued strong guidance for the second quarter.
NVIDIA shares gained 4.4% to $1,110.87 on Tuesday.
Here are some other big stocks recording gains in today's session.
- Insmed Incorporated (NASDAQ:INSM) shares climbed 110% to $46.20 after the company announced topline results from ASPEN Phase 3 study met its primary endpoint.
- Calliditas Therapeutics AB (NASDAQ:CALT) shares rose 74.6% to $38.10 after the company’s board recommended the acceptance of Asahi Kasei’s tender ...