Check out the companies making headlines in midday trading: Nvidia — Shares slipped roughly 2%, putting the artificial intelligence chipmaker officially in correction territory after tumultuous trading over the past month. MicroStrategy — The bitcoin proxy stock rose more than 6% after Nasdaq announced MicroStrategy will be added to the tech-heavy Nasdaq-100 index . This means the stock will be included in the popular Invesco QQQ Trust ETF . The index inclusion takes effect on Dec. 23. Crypto stocks — Shares of crypto-linked stocks rallied, with Coinbase and Robinhood gaining 4.7% and 7%, respectively. Mara Holdings shares soared more than 11% after MicroStrategy Chair Michael Saylor said in a Dec. 14 post on social media site X that he expects the crypto miner to be next in joining the Nasdaq 100. Ford Motor — Shares of the automaker declined nearly 4% after Jefferies downgraded shares to underperform from hold. The firm cited concerns of an inventory overhang next year. Broadcom — The semiconductor company’s stock price jumped more than 9%, adding to its sharp gains from the previous session. Broadcom surged more than 24% on Friday after it reported better-than-expected fourth-quarter results, pushing its market cap above $1 trillion for the first time. Keysight Technologies — The electronics stock rose about 3% after an upgrade to overweight from neutral at JPMorgan. The investment firm said Keysight should enjoy a cyclical recovery in 2025 after struggling this year, with the stock underperforming the broader market. Capri Holdings — Shares rose 5% after Women’s Wear Daily reported that the luxury fashion retailer was working with Barclays to find potential buyers for its Versace and Jimmy Choo businesses. Super Micro Computer — Shares tumbled nearly 7%. The action follows a Friday report from Bloomberg News , citing sources familiar, that Super Micro had hired investment bank Evercore ISI to help it raise equity and debt capital. Super Micro has already missed deadlines to file its annual and quarterly financial reports, adding to concerns that the beaten-down data center company might be delisted by the Nasdaq, despite CEO Charles Liang’s reassurance that this will not happen. Honeywell — Shares added 3% after the industry giant said its board is exploring the potential separation of its high-margin aerospace division, a plan backed by activist investor Elliott Management, which had called for Honeywell to break itself up into two companies in November. Micron Technology — Shares rose 7% ahead of the semiconductor manufacturer’s quarterly earnings due later this week. JPMorgan said in a note Monday it expects strong results. Berkshire Hills Bancorp , Brookline Bancorp — Shares of the Boston-based regional banks edged lower. The Wall Street Journal reported , citing people familiar with the situation, that the firms are in talks to merge in a deal that could be announced as soon as next week. Berkshire Hills stock slid 1%, while Brookline Bancorp was trading marginally lower. Drone stocks — Shares of several drone makers rallied , with interest in the sector fueled by recent mysterious drone sightings over Northeast states and a new Palantir partnership announcement. Red Cat Holdings said on Monday it is working with Palantir Technologies to integrate visual navigation tech into Red Cat’s Black Widow drones. Red Cat shares jumped 15%. Donald Trump Jr.-affiliated Unusual Machines jumped 12%. Kratos Defense & Security Solutions and AeroVironment added 6.7% and 8.6%, respectively. Alphabet — The tech giant jumped more than 4% on Monday, touching a new 52-week high. Alphabet’s advance, alongside that of Broadcom, helped lift the Nasdaq Composite to a new record, even as Nvidia shares slid. Jefferies also named Alphabet as one of its top tech and internet stock picks for 2025. — CNBC’s Hakyung Kim, Jesse Pound, Sean Conlon, Yun Li, Lisa Kailai Han and Michelle Fox contributed reporting.
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