On this episode of Stock Movers:
- Nvidia (NVDA) shares are lower after China ruled the company violated anti-monopoly laws with its 2020 deal to acquire Mellanox Technologies. The State Administration for Market Regulation found Nvidia in violation of antitrust regulations after concluding a preliminary investigation.
- Tesla (TSLA) shares are higher after CEO Elon Musk purchased about $1 billion worth of the carmaker’s shares, according to a regulatory filing. The billionaire bought the stock indirectly through a trust on Sept. 12, the filing shows. The purchases coincided with Tesla Chair Robyn Denholm speaking with Bloomberg News about the merits of a pay package for Musk that could be worth upwards of $1 trillion if the company achieves a series of ambitious milestones linked to market value and performance.
- Texas Instruments (TI) declined along with Analog Devices (ADI) after China launched an anti-dumping investigation for specific analog chips made in the US, which both companies produce. The Ministry of Commerce opened an anti-dumping probe relating to certain American-made analog IC chips and an anti-discrimination investigation into US moves against the Chinese chip sector.
- Hims & Hers Health (HIMS) shares are falling after FDA Commissioner Marty Makary said a widely watched TV commercial by the telehealth firm earlier this year breached the agency’s regulations. Makary in a JAMA Network Open article cited Hims’ Super Bowl ad that promotes its copycat obesity drug as an example of the industry’s misleading ads
- Warner Bros (WBD) is lower after its 50% rally amid questions about incoming regulatory hurdles. Reports of a potential acquisition by Paramount could be beneficial for Warner Bros. due to synergies between the companies and Paramount's strong financial position, according to Bloomberg Intelligence analyst Stephen Flynn.

On this episode of Stock Movers: - Nvidia (NVDA) shares are lower after China ruled the company violated anti-monopoly laws with its 2020 deal to acquire Mellanox Technologies. The State Administration for Market Regulation found Nvidia in violation of antitrust regulations after concluding a preliminary investigation. - Tesla (TSLA) shares are higher after CEO Elon Musk purchased about $1 billion worth of the carmaker&rsquo;s shares, according to a regulatory filing. The billionaire bought the stock indirectly through a trust on Sept. 12, the filing shows. The purchases coincided with Tesla Chair Robyn Denholm speaking with Bloomberg News about the merits of a pay package for Musk that could be worth upwards of $1 trillion if the company achieves a series of ambitious milestones linked to market value and performance. - Texas Instruments (TI) declined along with Analog Devices (ADI) after China launched an anti-dumping investigation for specific analog chips made in the US, which both companies produce. The Ministry of Commerce opened an anti-dumping probe relating to certain American-made analog IC chips and an anti-discrimination investigation into US moves against the Chinese chip sector. - Hims &amp; Hers Health (HIMS) shares are falling after FDA Commissioner Marty Makary said a widely watched TV commercial by the telehealth firm earlier this year breached the agency&rsquo;s regulations. Makary in a JAMA Network Open article cited Hims&rsquo; Super Bowl ad that promotes its copycat obesity drug as an example of the industry&rsquo;s misleading ads - Warner Bros (WBD) is lower after its 50% rally amid questions about incoming regulatory hurdles. Reports of a potential acquisition by Paramount could be beneficial for Warner Bros. due to synergies between the companies and Paramount's strong financial position, according to Bloomberg Intelligence analyst Stephen Flynn.

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Stock Movers

China Sends Chip Stocks Lower; Hims & Hers Falls; Warner Bros Rally Stalls

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