Check out the companies making headlines in midday trading: Oklo — Shares soared 15.6% on the heels of the nuclear startup’s narrower-than-anticipated loss for the first quarter. Oklo posted a loss of 7 cents per share for the period compared to the loss of 11 cents per share analysts polled by FactSet had expected. eToro — Shares advanced 28.9% as the trading platform made its Nasdaq debut , opening at $69.69. The stock quickly added to that and was last above $72 per share, up roughly 27% from where the initial public offering was priced at — $52. Super Micro Computer — The server maker’s stock surged 15.7%, extending the 16% gain it saw in the previous session. Earlier this week, Raymond James initiated coverage of the stock with an outperform rating, saying artificial intelligence projects are “a long-term secular driver.” Boeing — The aerospace stock gained 0.6%, hitting a new 52-week high during the session. The White House said Boeing and GE Aerospace struck a $96 billion deal with Qatar Airways to sell it up to 210 aircraft. Shares of GE Aerospace were marginally higher following the announcement. Exelixis — Shares of the oncology company gained 20.8% after the company’s first-quarter results beat on the top and bottom lines. Exelixis reported earnings of 55 cents per share on revenue of $555.4 million, above the 36 cents per share and $499.6 million analysts had estimated, according to FactSet. The company also raised its full-year revenue guidance. Aurora Innovation — The autonomous vehicle stock dropped 6.3%. Uber Technologies announced a $1 billion convertible notes offering Tuesday, saying the notes are exchangeable into Aurora shares. American Eagle Outfitters — The retail stock sank 6.5% after American Eagle Outfitters withdrew its guidance for 2025 , citing “macro uncertainty.” The company said it is writing off $75 million in spring and summer merchandise. It also expects revenue for its first quarter to decline about 5% compared to the prior-year period. PVH — Shares of the apparel maker rallied 8.4% on the back of Jefferies’ upgrade to buy from hold . Jefferies said shares can stage a recovery as the Tommy Hilfiger and Calvin Klein parent undergoes a business transformation. Nvidia , Advanced Micro Devices — Shares of both chipmakers moved higher after securing deals with Humain , a Saudi company, to develop artificial intelligence models and build data center infrastructure. Bank of America also raised its price targets on the names following the announcement. Nvidia shares rose 4.2%, while AMD shares jumped 4.7%. JD.com — U.S.-listed shares fell 4.1%. Analysts expect earnings growth to flatten this year, noting increasing losses in the food delivery unit, according to FactSet’s StreetAccount, which also noted Morgan Stanley cut its price target to $39 from $41. — CNBC’s Alex Harring, Fred Imbert and Michelle Fox contributed reporting.
