Here are some stocks that are making big moves in intraday trading. Eli Lilly — The weight-loss drug maker’s shares fell nearly 4% after Reuters reported that the Food and Drug Administration’s decision on the company’s obesity drug would be delayed until April 10. The drug had been granted expedited review under a Trump administration program. The news agency did not mention the reason for the delay. Lilly previously said it expected the FDA to approve the drug in the second quarter. The report said reviews of the safety and effectiveness of Disc Medicine and Sanofi’s medicines were also delayed. Disk shares fell nearly 7%, and Sanofi fell more than 1%. MANAGED CARE COMPANIES — Health insurance companies rose after President Donald Trump called on Congress to advance the health insurance framework. Humana rose about 4% and Centene rose 2.6%. Molina Healthcare rose almost 2% and UnitedHealth just shy of 1%. BOSTON SCIENTIFIC, PENUMBRA — Boston Scientific announced that it has reached an agreement to acquire medical technology company Penumbra in a $14.5 billion cash and stock transaction. Penumbra shares rose 12%, while Boston Scientific shares fell more than 4%. Coinbase — The trading platform fell 3% after Coinbase withdrew its support from the U.S. Senate’s Cryptocurrency Market Structure Act. “Coinbase unfortunately cannot support the bill as written,” CEO Brian Armstrong said in a social media post to X late Wednesday. He pointed to a series of problems, including a “de facto ban on tokenized stocks” and amendments that would “kill stablecoin rewards.” Taiwan Semiconductor Manufacturing Co. — The semiconductor maker rose more than 6% after setting a new record in the quarter. The company’s fourth-quarter profit rose 35%, beating expectations on the back of demand for artificial intelligence chips. ASML Holding — Shares of the chip equipment maker rose more than 6% after its customer Taiwan Semiconductor Manufacturing Co. announced better-than-expected capital spending plans. Spotify — Shares fell more than 3%, reversing earlier gains. On Thursday morning, the audio streaming giant announced it was increasing its subscription price in the U.S. from $11.99 to $12.99 per month. BlackRock — The world’s largest asset manager reported better-than-expected profits and revenue, sending its stock up about 5%. Adjusted earnings were $13.16 per share, compared with analyst estimates compiled by LSEG of $12.21 per share. Revenue came in at $7.01 billion, compared to the consensus estimate of $6.69 billion. Morgan Stanley — Shares rose about 6% after Morgan Stanley reported fourth-quarter earnings of $2.68 per share, beating the $2.44 expected by analysts surveyed by LSEG. Morgan Stanley’s revenue also came in at $17.89 billion, beating expectations of $17.77 billion. Goldman Sachs — The bank rose 4% after reporting fourth-quarter results. Goldman Sachs reported earnings of $14.01 per share on revenue of $13.45 billion. These numbers didn’t compare to analysts’ expectations for earnings of $14.01 per share and revenue of $13.79 billion. Dell Technologies —The PC and server company rose nearly 3% after Barclays upgraded it from equal weight to overweight. The company cited strong Dell AI server orders, stability in the AI operations market, and growing enterprise server and storage opportunities in the call. Nokia — This telecom equipment maker was upgraded to Overweight by Morgan Stanley due to AI-driven networking demand. The stock price soared more than 5%. Memory chip stocks — Taiwan Semiconductor’s financial results spurred a rise in memory chip stocks. SanDisk soared 8% and Western Digital rose more than 6%. Micron Technology rose more than 2% and Seagate Technology rose more than 4%. DraftKings — The sports gambling platform rose 4% after Wells Fargo was upgraded from equal weight to overweight. The bank expects a strong fourth-quarter earnings report and believes DraftKings could expand its margins as it moves into the production market. —CNBC’s Christina Cheddar Burke, Fred Imbert, Lisa Han and Nick Wells contributed reporting.
