Check out the companies making headlines in the midday deal: Better Homes and Finance Holdings – Mortgage lenders have seen hedge fund manager Eric Jackson surge 176% on X’s social media post. Oracle – The software company’s shares rose almost 5% after naming Clay Magouyrk, president of Oracle’s Cloud Infrastructure Business, and Mike Sicilia, who presides over Oracle Industries, as chief executive officers. The pair will replace Safracats, who will move into a new role as executive vice chairs. Molson Coors – Brewer fell 2% after making Rahul Goyal CEO. Goyal will replace Gavin Hattersley, who will retire this year. Apple-Tech Giant shares rose by around 4% with reports of strong demand for the iPhone 17 during the first weekend of sales. Reports say the company is benefiting from consumers who want to replace their aging devices. NVIDIA – Chipmaker’s shares rose more than 3% after announcing plans to invest $100 billion in Openai. Teradyne – The stocks rose 10% after Susquehanna raised its price target from $133 to $200. Analyst Mehdi Hosseini said Teradyne has gained traction in the Taiwan Semiconductor Collaboration for GPU wafer sorting testing and is not reflected in the stock price. Coinbase, Strategy – When Bitcoin prices fell by more than 2%, cryptocurrency-related stocks were falling. Crypto Exchange Coinbase fell by 3%, while Bitcoin Treasury Company Strategy fell by more than 2%. STEVEN MADDEN – Shoemaker stock rose 5% after receiving an upgrade from neutral to overweight from Piper Sandler. The company cited the possibility of margins due to tariff relief, fast inventory turns and its new stance. Metsera, Pfizer – The Weightloss drugmaker has surged more than 60% after the announcement that Pfizer purchased it for $4.9 billion in cash. The transaction is expected to close in the fourth quarter. Pfizer’s shares rose almost 2%. Real Estate, Compass – Broker Giant Compass plans to take over rivals everywhere, the parent of Century 21 and Coldwell Bunker. The total company is expected to have a corporate value of approximately $10 billion, including debt assumptions. Compass stocks shot over 50%, while more than 11% fell. Sarepta Therapeutics – Biotechnology companies rose almost 11% after upgrading to BMO outperform. “The current assessment of SRPT is skewed into benefits in risk/reward,” the investment bank said. KENVUE – Tylenol makers fell 7% after the Washington Post reported plans on Monday that the Trump administration plans to announce that painkillers used by pregnant women are linked to autism. Fox Corp. – President Donald Trump said in an interview Sunday that he was conservative Media Baron Rupert Murdoch and his son Lachlan, the CEO of Fox. Fox Corp’s shares rose by about 1%. Applicable Materials – After Morgan Stanley upgrades were upgraded from equal weight to overweight, the stock has earned more than 3%. Investment banks noted that chipmakers are trading at an attractive rating compared to peers. – Reported by Yun Li, Alex Harring, Fred Imbert, Michelle Fox and Scott Schnipper of CNBC.
