Boeing Deal; Applied Materials and Nvidia Dip; Figma Rises

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

• Boeing (BA) shares are paring losses as President Trump says Boeing got a promise of 750 planes to be purchased by China, in comments to reporters. It follows the president saying China agreed to buy 200 Boeing planes, which was considered a disappointment for a market looking for 300 or more.
• Nvidia (NVDA) shares are lower after President Trump said the Nvidia chip sale to China didn't come up in the Trump-Xi summit.
• Applied Materials (AMAT) is down as it's getting caught up in the chip selloff. It did give sales and profit forecasts that far exceeded analysts’ estimates, fueled by soaring demand for AI computing and memory chips. The AI growth will contribute to a sales increase of more than 30% in the company’s semiconductor equipment business this calendar year, according to CEO Gary Dickerson.
• Figma Inc. (FIG) jumped after the creative software platform reported first-quarter results that beat expectations and raised its full-year forecast. Analysts said the report eased concerns about AI-related disruption.

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