Stocks moving the most today: Live updates
Key Points:
- National Vision lowered its full-year earnings guidance to a range of 95 cents to $1.03 per share and revised its revenue forecast to $2.019 billion to $2.038 billion, down from previous estimates.
- Despite the lowered guidance, National Vision's shares remained largely unchanged in trading.
- William Blair upgraded Advanced Micro Devices (AMD) to outperform, citing strong growth potential for its Instinct AI-focused GPUs as competitors Intel and Nvidia face challenges.
- Intel is experiencing delays and supply shortages with its next-generation Xeon processors, while Nvidia is dealing with a significant leadership scandal involving CEO Jensen Huang.
- Nvidia shares fell over 7% after reports of Huang's affair with a company vice president, and the board convened to discuss his future amid the controversy.