Walgreens stock surges following better-than-expected quarterly earnings, Delta forecasts a strong 2025, and shares of chip makers Nvidia and AMD are declining.
The article from MSN Money discusses significant stock movements in various companies on a specific trading day. Walgreens Boots Alliance saw a decline after reporting a lower-than-expected profit forecast for the year, despite beating quarterly earnings expectations. Delta Air Lines' stock fell after it forecasted a lower profit for the current quarter due to higher costs, despite a strong Q1 performance. Nvidia's shares dropped following a report that the U.S. might impose new export restrictions on AI chips to China. Conversely, AMD's stock rose after announcing a new AI chip. Constellation Energy's shares increased after reporting better-than-expected earnings, while Allstate and Chubb saw gains due to positive earnings reports. Constellation Brands also experienced a rise in stock value after reporting earnings that exceeded expectations. Other notable movements included stocks like Tesla, which fell after price cuts in China, and Lucid Group, which saw a decline after announcing a $3 billion capital raise.
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