Benzinga - by Avi Kapoor, Benzinga Staff Writer.
U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Monday.
Shares of Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ GOOG) rose sharply during Monday’s session following reports suggesting Apple Inc (NASDAQ: AAPL) is in discussions to integrate Google Gemini into iPhones.
Apple and Google are in active negotiations over potentially building Google’s Gemini AI engine into the iPhone, according to Bloomberg.
Alphabet shares climbed 6.3% to $150.09 on Monday.
Here are some other big stocks recording gains in today’s session.
- Brand Engagement Network, Inc. (NASDAQ: BNAI) shares surged 33.7% to $14.14 after jumping 40% on Friday.
- Nuvei Corp (NASDAQ: NVEI) climebd 25.8% to $27.24 after the company said it was evaluating offers to go private.
- NuScale Power Corporation (NYSE: SMR) gained 21% to $9.50. Canaccord Genuity analyst George Gianarikas maintained NuScale Power with a Buy and raised the price target from $4.25 to $8.
- EHang Holdings Limited (NASDAQ: EH) shares rose 17% to $17.90 after the company reportedly began selling its EH216-S flying taxi on Taobao.
- Qurate Retail, Inc. (NASDAQ: QRTEB) gained 15.9% to $5.47.
- Latham Group, Inc. (NASDAQ: SWIM) surged 15.7% to $3.32 after Stifel upgraded the stock from Hold to Buy and raised its price target from $3 to $4.
- D-Wave Quantum Inc. (NYSE: QBTS) rose 10.6% to $2.3005. D-Wave Quantum said it is expanding its executive team to supercharge both its go-to-market growth strategy and product innovation.
- Tilray Brands, Inc. (NASDAQ: TLRY) rose 9.8% to $1.9001.
- Graphjet Technology Sdn. Bhd. (NASDAQ: GTI) gained 9.3% to $12.90.
- HashiCorp, Inc. (NASDAQ: HCP) rose 8% to $28.62 after Bloomberg reported on Friday that the company is weighing a potential sale.
- Nyxoah S.A. (NASDAQ: NYXH) gained 8% to $17.87. Oppenheimer analyst Suraj Kalia maintained Nyxoah with an Outperform and raised the price target from $17 to $20.
- Soho House & Co Inc. (NYSE: SHCO) gained 7.4% to $5.34. Roth MKM analyst George Kelly maintained Soho House with a Buy and lowered the price target from $10 to $7.5.
- FutureFuel Corp. (NYSE: FF) surged 7.1% to $7.56. FutureFuel issued an opdate on $2.50 per share special cash dividend.
- ATRenew Inc. (NYSE: RERE) rose 7.1% to $1.80.
- XPeng Inc. (NYSE: XPEV) gained 4.3% to $10.06 on reports the company plans to launch cheaper EV models.
- NVIDIA Corporation (NASDAQ: NVDA) gained 3.9% to $912.29 after HSBC maintained a Buy rating and raised its price target from $880 to $1,050. Truist Securities analyst William Stein maintained the stock with a Buy and raised the price target from $911 to $1,177.
- PepsiCo, Inc. (NASDAQ: PEP) rose 3.5% to $170.40. Morgan Stanley analyst Dara Mohsenian upgraded PepsiCo from Equal-Weight to Overweight and announced a $190 price target.
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