Top Stock Movers Now: Tesla, Intel, Nvidia, and More

Core Insights - Tesla CEO Elon Musk purchased approximately $1 billion worth of Tesla stock, acquiring 2.57 million shares, which contributed to a surge in Tesla's stock price [2][6] Company Highlights - Tesla (TSLA) shares experienced a significant increase following the announcement of Musk's stock purchase [2] - Seagate Technology Holdings (STX) shares traded above $200 for the first time, driven by excitement over its new hard disk drive designed for artificial intelligence data centers [3] - Intel (INTC) shares rose after the company reduced its full-year non-GAAP operating expenses following the $3.3 billion sale of a majority stake in its Altera programmable chip business [3] - Alphabet (GOOGL) shares increased for the third consecutive session, making it the fourth company to reach a $3 trillion market capitalization [4] - Corteva (CTVA) faced challenges as it was reported that the company is considering splitting into two separate entities, resulting in poor stock performance [4] Industry Developments - Some semiconductor companies, including Nvidia (NVDA) and Texas Instruments (TXN), saw declines due to investigations by Chinese regulators into alleged dumping of analog integrated circuit semiconductors from the U.S. [5][6] - AstraZeneca (AZN) shares fell after the company paused a planned $272 million investment in Britain and received a downgrade from Europe's Handelsbanken [5]