Nvidia Corp (NASDAQ:NVDA, ETR:NVD) shares moved higher after the chipmaker said on Tuesday it expects to resume shipments of its H20 graphics processing units (GPUs) to China shortly, after sales were halted due to US export restrictions.
The company said in a statement that it has filed the required applications with the US government and has received assurances that exports would be approved.
Trade Desk Inc (NASDAQ:TTD) shares jumped almost 10% after it was revealed the digital advertising technology firm will be added to the S&P 500 later this week.
The company will join the index before the opening of trading on Friday.
Nano One Materials Corp (TSX:NANO, OTC:NNOMF) has been selected to join the Arkansas Lithium Technology Accelerator (ALTA), a new US initiative aimed at strengthening the domestic battery supply chain and reducing dependence on foreign inputs.
Nano One is one of three companies chosen for ALTA’s inaugural cohort. The accelerator is supported by Standard Lithium, the Walton Family Foundation, and several Arkansas-based academic and government partners.
BlackRock Inc (NYSE:BLK) shares fell more than 5% after the investment firm reported a revenue miss for the second quarter, overshadowing better-than-expected earnings.
Revenue for Q2 was $5.42 billion, up 13% from the year-ago quarter but slightly below the Wall Street consensus of about $5.44 billion.
Wells Fargo & Co (NYSE:WFC, ETR:NWT) on Tuesday reported better-than-expected second-quarter earnings, driven by lower credit loss provisions and higher fee-based income, though shares fell 4.5% in early trading as investors reacted to a downward revision in the bank’s full-year net interest income (NII) guidance.
The San Francisco-based lender posted earnings per share of $1.60, exceeding analysts’ expectations of $1.40 and rising 20% from a year ago.
Ilika PLC's (AIM:IKA, OTCQX:ILIKF) shares rose 7% after the company secured a £1.25 million UK government grant to advance production of its Goliath solid-state batteries for electric vehicles.
The funding is part of the DRIVE35 programme under the Advanced Propulsion Centre’s Demonstrate fund and supports a 12-month project starting in August 2025.