NVIDIA, Trump Media & Technology, Bausch + Lomb, Sirius XM And Other Big Stocks Moving Higher On Monday – NVIDIA (NASDAQ:NVDA)

U.S. stocks were higher, with the Dow Jones index gaining around 150 points on Monday.

Shares of NVIDIA Corporation NVDA rose during Monday’s trading session.

A government-backed think tank in China has recommended that the country’s data centers continue using high-performance chips from Nvidia, warning of the significant expenses involved in transitioning to domestic alternatives.

NVIDIA shares gained 2.9% to $138.71 on Monday.

Here are some other big stocks recording gains in today’s session.

Longboard Pharmaceuticals, Inc. LBPH shares jumped 51.2% to $58.83 after the company announced it will be acquired by Lundbeck.
Upstart Holdings, Inc. UPST climbed 16.6% to $54.86 after Wedbush upgraded the stock from Underperform to Neutral and raised its price target from $10 to $45.
Trump Media & Technology Group Corp. DJT gained 16.2% to $29.38 after the company announced the launch of its Truth+ TV streaming service.
IGM Biosciences, Inc. IGMS gained 16.1% to $17.41.
BigBear.ai Holdings, Inc. BBAI surged 14.8% to $1.8499 after the company announced was awarded a five-year $165.15 million contract from the U.S. Army for Global Force Information Management Production Services.
Sify Technologies Limited SIFY gained 12.6% to $3.8019. Sify Technologies announced the appointment of Ms. Padmaja Chunduru as Director on the Board.
BitFuFu Inc. FUFU climbed 12.6% to $4.47.
EyePoint Pharmaceuticals, Inc. EYPT gained 10.7% to $9.78.
SoFi Technologies, Inc. SOFI gained 10.6% to $9.98 after the company announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group.
CleanSpark, Inc. CLSK rose 9.2% to $10.47 amid a rise in Bitcoin.
Coinbase Global, Inc. COIN gained 8.8% to $192.05 amid a rise in Bitcoin.
Bausch + Lomb Corporation BLCO gained 8.8% to $21.18 after the company announced that the FDA approved enVista Envy. Also, a report suggested TPG and Blackstone teamed up to work on a joint bid.
Sirius XM Holdings Inc. SIRI rose 8.1% to $26.96 after Berkshire Hathaway increased its stake in the company.