Top Stock Movers Now – Dexcom, Berkshire Hathaway Nvidia and More

Key Takeaways

• The U.S. stock market rose at midday after the economy created more jobs in April than expected.
• Shares of Warren Buffett's Berkshire Hathaway traded at a record high ahead of the company's annual meeting tomorrow.
• Apple says tariffs by the Trump administration may cost the iPhone maker $900,000,000 in the first quarter.

The U.S. stock market soared at midday, after the Labor Department announced that job creation in April was higher than expected. The Dow Jones Industrial Average, S&P 500, and Nasdaq all rose more than 1%.

Dexcom (DXCM) was the best-performing stock in the S&P 500 when the maker of glucose monitoring devices for patients with diabetes beat sales estimates on higher demand, and announced a $750 million stock buyback program.

Shares of Berkshire Hathaway BRK.A traded at a record high ahead of Warren Buffett’s annual meeting tomorrow in Omaha.

Nvidia shares (NVDA), which are a chipmaker that specializes in artificial intelligence (AI), gained on a recent report that it is designing semiconductors to be sold in China, which will comply with U.S. trading restrictions. 

Apple (AAPL), shares fell after CEO Tim Cook said Trump tariffs could cost iPhone maker $900,000,000 this quarter.

Shares of Block (XYZ), a payments technology provider, fell when it reported lower-than-expected sales, profit, and guidance, warning that it was being more careful because of macroeconomic uncertainties.

Hologic (HOLX), the maker of medical diagnostic devices, slashed its outlook after citing tariffs as well as geopolitical issues. 

Oil futures slid. Gold prices rose. The yield on 10-year Treasury notes was higher. The U.S. Dollar lost ground against the euro, pound and yen. Most major cryptocurrencies traded up.