Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dollar General (DG) shares are higher after reporting earnings. It forecast earnings per share for the full year of $7.20 to $7.45, saw $7.10 to $7.35.
- Alphabet (GOOG) is lower as it looks to raise $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway Inc.
- Hewlett Packard Enterprise (HPE) shares are higher in early trading after the company gave an outlook for annual sales that topped estimates, citing massive growth in AI-fueled demand for its servers and networking.
- Marvell Technology (MRVL) is rising after Nvidia Corp.'s Jensen Huang predicted the company will hit a $1 trillion valuation. Huang said Marvell's valuation will soar now that the age of "useful AI has arrived", and was joined by Marvell CEO Matt Murphy on stage at Computex trade show in Taipei.