Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dell (DELL) & HP (HPQ) shares jumped after a report from website SemiAccurate that Nvidia Corp. was seeking an acquisition that would “reshape the PC landscape.” The website said Nvidia has been negotiating for more than a year to buy “a large company.”
- Goldman Sachs (GS) stocks fell after a surprise drop in bond- and rates-trading revenue cast a shadow over another record quarter from the bank’s equities team, prompting Chief Executive Officer David Solomon to point the finger at analysts for setting the bar so high.
- Best Buy (BBY) shares sank after Goldman Sachs analyst Kate McShane cut her recommendation on the electronics and appliance retailer to sell from buy.
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