U.S. stocks on the move: AMD, health insurers, Estee Lauder
AMD•A market-movers roundup highlighted Advanced Micro Devices, health insurers and Estee Lauder, alongside companies reacting to forecasts, earnings and the U.S. midterm results.
1. Stocks in focus
Advanced Micro Devices rose after a strong growth forecast calmed AI spending concerns, while Estee Lauder gained after setting long-term growth and margin targets. Molina Healthcare, Centene, HCA Healthcare and Universal Health Services rose on a lower policy-risk outlook.
2. Other company moves
Smith & Nephew tumbled after confirming failed deal talks with Johnson & Johnson and cutting its forecast. Block rose after lifting its annual profit forecast, and Stanley Black & Decker climbed after raising its forecast and reporting a third-quarter profit beat. The roundup also noted gains for clean-energy companies and gold miners, and declines for defense stocks and oil companies.
