This AMD Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Stock Market Today, Nov. 9: Nvidia Stock Plunges 4% on Jensen Huang Investigation as Nasdaq Surges Nearly 3%

Nvidia stock fell 4.27% to $178.67 on Monday following an announcement of an independent board investigation into CEO Jensen Huang regarding a suspected Chinese intelligence operation. Despite Nvidia's decline, the broader market rallied strongly with the Nasdaq climbing 2.74% and the S&P 500 gaining 2.35%. Other semiconductor stocks like AMD and Broadcom surged on renewed investor confidence in AI stocks, though Nvidia's company-specific risks overshadowed the sector momentum ahead of its November 17 earnings report.

Citigroup Upgrades Rollins to Buy

Citigroup has upgraded Rollins, Inc. (ROL) from Neutral to Buy, establishing a new price target of $49.00.

Why Alphabet Stock Was Moving Higher Today

Alphabet introduced two new AI chips (TPU 8tx and TPU 8i Max) on Monday, positioning itself as a stronger competitor to Nvidia in the semiconductor market. The stock rose 1.2% on the announcement, though gains were moderated by broader tech sector volatility. The chip development represents a significant growth opportunity for Alphabet as investors remain concerned about slowing search business revenue.

Jefferies Maintains Buy on Airbnb, Raises Price Target to $230

12 Communication Services Stocks Moving In Monday's After-Market Session

Gainers Trade Desk (NASDAQ:TTD) shares increased by 27.1% to $18.98 during Monday's after-market session. The company's market cap stands at $6.1 billion. As per the press release, Q3 earnings came out today.

Broadcom Stock Now Trades 32% Cheaper than a Toothpaste Company: HSBC, Cantor Say the Gap Won't Last

Broadcom (AVGO) trades at 16.6x forward earnings to Colgate's 24.5x, a discount more than one standard deviation below its four-year average.