- Bunge Global SA (BG) shares fell 3.9% due to the company's announcement of a temporary suspension of operations at its soybean crushing and port facility in Rio Grande, Brazil.
- Enphase Energy, Inc. (ENPH) shares rose 5.7% following the Biden Administration's decision to raise tariffs on various Chinese imports, including solar cells.
- Oracle (ORCL) shares gained 3.9% as news emerged on discussions between the company and Elon Musk's artificial intelligence startup xAI regarding a multiyear, $10-billion cloud-computing deal.
- Plug Power Inc. (PLUG) shares surged 19% after the company announced that it secured a conditional U.S. government loan guarantee valued at up to $1.66 billion. The loan is aimed at expanding its operations.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>Oracle Corporation (ORCL) : Free Stock Analysis Report
Bunge Global SA (BG) : Free Stock Analysis Report
Plug Power, Inc. (PLUG) : Free Stock Analysis Report
Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report
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