Take a look at the companies making headlines in midday trading. CHINA STOCKS – U.S.-listed Chinese companies fell after Beijing’s economic planning agency failed to announce any major new stimulus plans. Online video company Bilibili fell 13%, while carmaker Nio and Temu parent company PDD each fell about 6%. E-commerce companies JD.com and Alibaba both fell about 7%. Las Vegas Sands and Wynn Resorts – two casino operators with ties to China through their resorts in Macau – have not launched any new stimulus measures after China Shares of the two companies fell more than 2% and 1% respectively. DocuSign – The electronic signature company announced Friday that it will replace MDU Resources in the S&P MidCap 400 Index, sending shares up 8%. Super Micro Computer – Shares of the computer server company fell more than 5%. A day earlier, AMD shares soared after the company said it had shipped more than 100,000 graphics processing units to “some of the largest artificial intelligence factories ever built.” Shares of Nvidia, the artificial intelligence darling, rose more than 3%. Foxconn Chairman Liu Yang told CNBC that the artificial intelligence boom “still takes some time.” He added that demand for Foxconn servers based on Nvidia’s key upcoming AI Blackwell chips is “much better than we thought.” Humana — Shares of the battered health insurance company rose 2.8% after Bernstein raised its price target to outperform despite a sharp reduction in its price target. The company believes the stock’s risks have been factored in and believes Humana is now an “attractive investment.” Roblox — Shares fell 4% after Hindenburg Research disclosed a short position in the gaming platform, accusing the company of inflating its metrics. Roblox rejected the claims, calling them “misleading.” Sphere Entertainment — Live entertainment and media company Sphere shares fell 7% after the company announced that chief financial officer David Byrnes would leave the company. Burns will remain in his current role during the transition period to assist with the transition, the company said. Waters Corp — Shares of the laboratory equipment provider rose 2.7% as Jefferies upgraded its rating to hold. Jefferies said that a super cycle of product upgrades is underway. Confirmation – “Buy now, pay later” company’s stock price rose more than 6%. BTIG upgraded Affirm to a buy rating, with analyst Vincent Caintic praising the company’s growth relative to traditional payments companies like American Express. —CNBC’s Michelle Fox, Hakyung Kim, Pia Singh, Sean Conlon and Alex Harring contributed reporting
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