Chevron Jumps, Nvidia Rises, Coinbase Higher After Goldman Upgrade
On this episode of Stock Movers:
- Chevron (CVX) shares rise. US oil stocks jumped after President Donald Trump pledged to revive the Venezuelan energy sector following the capture of Nicolás Maduro. Chevron Corp., the only American oil major currently operating in the South American nation under special US permission, surged as much as 6.3%, the most since April.
- Nvidia (NVDA) shares are up ahead of CEO Jensen Huang's CES keynote speech. Chip firms including Nvidia and its memory partner Micron Technology Inc. have recently reaffirmed expectations for AI demand to remain solid in coming quarters.
- Coinbase (COIN) shares rise after Goldman Sachs upgraded the stock. Goldman Sachs analyst James Yaro raised the recommendation on Coinbase Global Class A to buy from neutral.
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