Check out the companies making headlines for noon deals. NVIDIA – Stocks have fallen over 7% after NVIDIA said it would record $5.5 billion in fees related to exporting H20 graphics processing units to China, along with other destinations. The company said in a regulatory filing, the US government informed NVIDIA that it needed a license to export chips to several countries, including China. Stocks in Advanced Micro Devices and Micron Technology fell 7% and 1% respectively. ASML – The Dutch semiconductor equipment company’s shares lost 5% after ASML missed order expectations and warned of increased uncertainty in demand from Chinese tariff restrictions. ASML CEO Christophe Fouquet said the tariff-driven uncertainty with some of ASML’s customers can draw the company to the bottom of the year-round revenue guidance. Interactive Broker – Stocks fell 9% after the electronic trading platform listed first-quarter earnings of $1.88 per share. The company’s adjusted revenues were in line with its $1.4 billion forecast. The interactive broker also announced a dividend hike of 7 cents to 32 cents per share, along with a 4-1 stock split. United Airlines – Stocks added nearly 2% after the airline won an adjusted 91 cents per share in the first quarter, but analysts voted by LSEG expected profits of 76 cents per share. However, United Airlines’ revenues of $132.1 billion were below $13.26 billion. JB Hunt Transport Services – The transportation giant fell 7% after reporting a year-over-year decline in revenue and operating profit. However, the company also posted first-quarter beats on both the top and bottom lines. Omnicom Group – The stock fell 5% despite media companies posting first-quarter adjusted revenue of $1.70 per share, while analysts voted by LSEG were penciling at a profit of $1.62 per share. Travelers – The stock rose approximately 2% after the insurance company’s first quarter revenues broke Wall Street expectations. Travelers recorded an adjusted earnings of $1.91 per share. That’s over 78 cents per share held by analysts voted by LSEG. US Bancorp – Banks recorded first quarter results expected at both the top and bottom. Tesla – Stocks slipped 3%. Tuesday’s report from Reuters said President Donald Trump’s tariffs on Chinese products could disrupt Tesla’s plans to produce large quantities of cybercab and semi-electric trucks at US Hertz Global. Pershing Square has disclosed a new equity position worth approximately $46.5 million in regulatory filings. Advanced Micro Devices – Semiconductor inventory fell 7% after saying it expects it could incur charges of around $800 million due to the latest US export restrictions. -CNBC’s Sean Conlon and Pia Singh contributed the report. Get tickets for Pro Live Join us on the New York Stock Exchange! An uncertain market? Earn Edge with CNBC Pro Live, the first exclusive event on the historic New York Stock Exchange. Access to expert insights is paramount in today’s dynamic financial situation. As a CNBC Pro subscriber, we recommend attending the first exclusive and in-person CNBC Pro live event held at the iconic NYSE on Thursday, June 12th. You will also get the opportunity to network with CNBC experts, talent and other pro subscribers during exciting cocktail hours on the legendary trading floor. Tickets are limited!
