Saudi Arabia also hopes to emerge as the leader in the Middle East AI landscape, gaining an edge over the United Arab Emirates, another dominant AI player in the region.
Shares of arcade company Dave & Buster’s (NASDAQ:PLAY) jumped 14.8% in the afternoon session after the company reported first-quarter 2025 results and provided encouraging updates on sales trends, as revenue came in line with expectations.
Marvell Technology (NASDAQ: MRVL) announced a custom UALink scale-up offering for custom AI compute platforms, enabling efficient and scalable interconnects between AI accelerators and switches. MRVL stock was up 0.97% to $69.46 at last check.
Shares of fresh produce company Calavo Growers (NASDAQ:CVGW)
fell 17.3% in the afternoon session after the company reported weak first-quarter 2025 (fiscal Q2) results, which fell short of Wall Street's estimates across all key metrics, including sales, operating profit, and earnings per share.
Shares of packaged foods company J.M Smucker (NYSE:SJM)
fell 14.3% in the afternoon session after the company reported underwhelming first-quarter 2025 results: its full-year EPS guidance missed, and its revenue fell short of Wall Street's estimates. The weak top line reflected soft demand for dog snacks, sweet baked goods, fruit spreads and lower contract manufacturing sales related to the divested pet food brands.
U.S. stocks experienced a mixed session today, with the Dow Jones Industrial Average unchanged at 42,761.76 and the S&P 500 moving nearly 0.1% higher at 6,005.88. The Nasdaq rose 0.3% to 19,591.24 on Monday. These are the top stocks that gained the attention of retail traders and investors throughout the day:
Shares of analog chips maker onsemi (NASDAQ:ON)
jumped 5.3% in the afternoon session after chip stocks rallied to start the week as investor optimism rose following trade discussions between U.S. and Chinese officials in London.
Shares of computer processor maker AMD (NASDAQ:AMD)
jumped 5% in the morning session after chip stocks rallied to start the week as investor optimism rose following trade discussions between U.S. and Chinese officials in London.
AMD's stock price surged over 4% after Citigroup raised its price target Monday. The rally comes just days before the company's highly anticipated "Advancing AI" event.
Stay updated with the movements of the S&P500 index one hour before the close of the markets on Monday. Discover which stocks are leading as top gainers and losers in today's session.
