Stocks making the biggest moves midday: BE, COST, GOOGL
CNBC••business
Key Points:
- Alphabet shares rose over 1% to a new all-time high after Cantor Fitzgerald upgraded the stock to overweight, citing strong AI capabilities and the addition of Gemini AI features to Gmail.
- Costco's stock increased 5% following an 8.5% year-over-year sales growth in December, with net sales reaching $29.9 billion.
- Aerospace company Karman surged 10% after announcing a $220 million acquisition of maritime defense tech firms Seemann Composites and Materials Sciences.
- Bloom Energy shares jumped more than 13% after American Electric Power exercised a $2.65 billion option to purchase solid oxide fuel cells for powering data centers.
- Defense stocks rallied following President Trump's call for a $1
