Top Stock Movers Now: Qualcomm, Keurig Dr Pepper, Newmont, Novartis, and More

Core Insights - Qualcomm shares surged after the announcement of two new AI chips for data centers, making it the best-performing stock in the S&P 500 [2][5] - Major U.S. equities indexes, including the Dow, Nasdaq, and S&P 500, reached all-time highs amid optimism for a potential U.S.-China trade deal [2][5] Company Highlights - Keurig Dr Pepper's shares increased following strong earnings that exceeded estimates and an optimistic outlook driven by robust U.S. sales and demand for Ghost energy drinks [3] - Avidity Biosciences experienced a significant rise in shares after Novartis agreed to acquire the company in an all-cash deal valued at $12 billion [3] - American Water Works shares fell after announcing the acquisition of Essential Utilities in an all-stock deal valued at $12 billion [5] Industry Trends - Shares of Newmont and other gold miners declined as the price of gold dropped, influenced by improving U.S.-China trade relations [4][5] - Huntington Bancshares' shares decreased after announcing a $7.4 billion stock deal to acquire Cadence Bank, while Cadence's shares rose [4]