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Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday:

Nvidia Corp., up $110.66 to $785.38.

The chipmaker reported strong financial results as demand soars for its graphics chips used for artificial intelligence.

Synopsys Inc., up $37.33 to $580.90.

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Stock market today: World shares are mixed after Wall Street slips lower and bitcoin bounces higher


Stock market today: Asian shares are mixed after Wall Street slips lower and bitcoin bounces higher


Nvidia’s stock market value rose $273 billion in a day. How it rose to AI prominence, by the numbers

The maker of software used to test and develop chips raised its profit forecast for its fiscal year.

Royal Caribbean Group, up $7.66 to $122.56.

The cruise line raised its profit forecast for the year.

Rivian Automotive Inc., down $3.94 to $11.45.

The electric vehicle maker expects production to remain flat in 2024 and it will cut 10% of its salaried workforce.

Etsy Inc., down $6.51 to $70.62.

The online crafts marketplace reported disappointing first-quarter earnings.

Dutch Bros Inc., up 36 cents to $27.40.

The drive-thru coffee chain beat analysts’ fourth-quarter earnings forecasts.

Kaiser Aluminum Corp., up $4.53 to $70.61.

The aluminum products company beat Wall Street’s fourth-quarter financial forecasts.

Moderna Inc., up $11.85 to $99.44.

The biotechnology company reported strong fourth-quarter financial results.

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