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Today's Morning Movers and Top Ratings: MSFT, NVDA, BA, UBER and More

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Movers and Shakers wrote a column · Nov 20, 2023 07:08
Morning Movers
Gapping up
$Microsoft(MSFT.US)$ stock rose 1.4% with the tech giant set to hire Sam Altman to lead a new advanced artificial intelligence research team, just days after the prominent AI-industry figure was ousted as CEO of OpenAI.
$NVIDIA(NVDA.US)$ stock rose 0.7% ahead of Tuesday's quarterly results, amid sky-high confidence the tech giant can outperform given the market's enthusiasm for all things AI.
$General Motors(GM.US)$ stock rose 0.2% after Kyle Vogt, the CEO of the auto giant’s robot-taxi unit Cruise, resigned from the company as the company undergoes a safety review of its U.S. fleet.
$Airbnb(ABNB.US)$ stock rose 0.2% after the short-term accommodation rental company appointed Ron Klain, a former top advisor to U.S. President Joe Biden, as its chief legal officer.
$Boeing(BA.US)$ stock rose 1.3% after Deutsche Bank upgraded its investment stance on the aircraft manufacturer to ‘buy’ from ‘hold’, citing increasing commercial jet deliveries.
Gapping down
$Uber Technologies(UBER.US)$ stock fell 2.3% after the ride-hailing company announced plans to issue $1.2 billion of five-year convertible notes, subject to market conditions.
$Citigroup(C.US)$ stock fell 0.1% with the banking giant expected to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades.
Source: CNBC; Investing.com
US Top Rating Updates on 11/20
Today's Morning Movers and Top Ratings: MSFT, NVDA, BA, UBER and More
Source: Dow Jones
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