Here are the stocks that made headlines during intraday trading: Semiconductor stocks – Large-cap chip stocks saw a surge in trading as investors focused on semiconductor companies rather than software. Marvel rose nearly 7%, heading for its third straight positive session. Broadcom and AMD added 4% and 3%, respectively. The VanEck Semiconductor ETF (SMH) rose 1.7%. Fair Isaac — Credit scoring service fell more than 12%. Barclays maintained its overweight rating but lowered its 12-month price target from $2,400 to $1,950, according to FactSet. Organon — The New Jersey-based women’s health-focused drug company spun off from Merck soared 24%. India’s Sun Pharmaceutical Industries has decided to provide $12 billion to Organon, the Economic Times reported. Sun Pharma said the story was “speculative in nature” and declined further comment. TEXAS PACIFIC LAND — The Texas landowner is up 9%, a day after Horizon Kinetics’ stock price fell nearly 16% following the death of CEO Murray Stahl. Horizon Kinetics is Texas Pacific Land’s largest shareholder, and Mr. Stahl was a member of TPL’s board of directors. Palantir Technologies — Defense technology stocks traded off the session’s lows after President Donald Trump promoted Palantir in a post on Truth Social. “Palantir Technologies (PLTR) has proven to have superior combat capabilities and equipment,” he wrote. “Ask Your Enemies!!!” However, Palantir is still headed for a near 14% drop this week. The stock price ended the day down nearly 2%. Cybersecurity Stocks — Stocks took another hit as investors’ concerns about AI threatening cyberinfrastructure and disrupting cybersecurity companies’ business models resurfaced. Akamai Technologies fell more than 13%. Palo Alto Networks fell more than 6%, Zscaler fell 3% and CrowdStrike fell 4%. Coherent – The photonics company’s stock rose 7%. Coherent received several bullish reports from analysts this week, with JPMorgan raising its price target to $300 from $245 and maintaining its Overweight rating on the company. The company and its peer Lumentum are both benefiting from the artificial intelligence revolution and have received investment from Nvidia. ServiceNow — The software company fell 7% after being downgraded from buy to neutral by UBS. UBS previously said ServiceNow was relatively well-positioned to adapt to the AI era compared to other software companies, but said its confidence in that view has waned. Taiwan Semiconductor Manufacturing Co. – Shares rose 2% after the company reported record earnings in the first quarter. Revenue increased 35% year-on-year to total NT$1.13 trillion, or $35.6 billion. CoreWeave — Shares rose more than 12% after the company announced a multi-year deal with Anthropic. The deal supports Anthropic’s Claude model, with compute beginning later this year as part of the deal. CNBC’s Michelle Fox, Scott Schnipper and Darla Mercado contributed to this article. Markets change and headlines fade, but the fundamental principles of building long-term wealth remain the same. Join us for the third annual CNBC Pro LIVE. Investors from all backgrounds, from financial professionals to individuals, come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you start, you’ll leave with clearer thinking and a stronger strategy. Enter your email address here to get your discount code.
