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Midday Movers: Banks Slide, Biotech Pops, Chips Catch a Bid

Stocks Making the Biggest Moves Midday Midday trading was a split screen: banks sold off, healthcare caught bids, and semiconductors rallied as the market leaned back into the “AI infrastructure” theme. Financials: JPMorgan Slides JPMorgan dropped more than 3% after

Stocks Waver as Fed Independence Comes Into Question

Markets pull back from record highs U.S. stocks traded unevenly Monday as investors digested rising political pressure on the Federal Reserve, shaking confidence in the central bank’s independence. The Dow Jones Industrial Average slipped below flatline levels, while the S&P

Nvidia and Eli Lilly Commit $1 Billion to AI Drug Discovery Lab

A $1 billion bet on AI-driven medicine AI chip leader Nvidia and pharmaceutical giant Eli Lilly announced a joint $1 billion investment to build a new artificial intelligence–focused drug discovery lab in San Francisco. The lab will be funded over

Defense Stocks Rally as Military Spending Expectations Rise

Markets react to budget signals Defense stocks surged globally after comments from Washington indicated plans to dramatically expand U.S. military spending, fueling investor optimism around long-term weapons procurement and defense infrastructure investment. In U.S. trading, Northrop Grumman and Lockheed Martin

Nvidia Tightens Payment Terms for H200 Chip Sales in China

What’s changing Nvidia is imposing unusually strict payment terms on Chinese customers seeking its H200 artificial intelligence chips, requiring full upfront payment before orders are accepted, according to people familiar with the matter. Under the policy, buyers must commit capital

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