**Renewable Energy Stocks and Tech Companies in Midday Trading**
*Shares of Several Major Companies Fluctuate Midday*
In midday trading, several major companies are making headlines, with shares either falling or surging as the day progresses. Here are some of the latest updates on the stock market.
**Nvidia Shares Fall Amid AI Chip Delay**
Nvidia shares fell 1.9% as the company notified its China clients of a delay in the release of a new artificial intelligence chip. The delay is reportedly due to U.S. export restrictions, causing concern among investors.
**Fisker Announces Quarterly Report and Finance Leadership Changes**
On the other hand, shares of electric vehicle startup Fisker jumped 5.2% after the company announced the filing of a delayed quarterly report. The delay had been caused by accounting personnel changes, and Fisker also revealed changes to its finance leadership team.
**Solar Panel Manufacturers Experience Decline, Amid Rising Interest Rates**
Shares of solar panel manufacturer First Solar declined 3.3%, while SolarEdge fell about 0.8%, and the Invesco Solar ETF (TAN) dropped about 1.3%. The decline is attributed to the increase in project financing costs due to higher interest rates, impacting the renewable energy sector.
**iRobot Surges Amid Rumors of Amazon Acquisition Approval**
Home device maker iRobot experienced a significant jump of 39% after reports surfaced that Amazon is set to win regulatory approval in the European Union for its planned $1.4 billion acquisition of the company.
**Vista Outdoor Climbs Amid Strategic Combination Proposal**
Outdoor recreation stock Vista Outdoor climbed 3.9% following a proposal by Colt CZ Group for a strategic combination, valuing the company at $30 per share, which is 16.5% higher compared to the previous day’s close.
**Apple and Coinbase Experience Fluctuations Due to Various Factors**
Meanwhile, Apple shares ended the day down 0.7% as the company saw a decline in smartphone sales during China’s Singles Day shopping season. On the other hand, crypto exchange Coinbase saw a 5.8% jump as bitcoin briefly topped $38,000 earlier in the day.
**Retailers Experience Mixed Trading on Black Friday**
Shares of major retailers were mixed in trading on Black Friday, with Walmart and Target up less than 1%, Ulta Beauty gaining 1.3%, and Nordstrom adding 5.9%. Sneaker retailer On Holding advanced 3.3%, indicating a varied performance in the retail sector.
As the trading day progresses, these fluctuations in share prices showcase the dynamic nature of the stock market and the impact of various factors on the performance of major companies. Stay tuned for more updates as the market continues to evolve.
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