Dominion Energy's shares surged over 9% following NextEra Energy's announcement of an all-stock acquisition deal, which aims to create the world's largest regulated electric utility. Conversely, NextEra's shares fell about 5%. Viking Holdings saw a nearly 2% increase after Wells Fargo upgraded its rating to overweight, citing strong bookings and demand despite geopolitical tensions.
Mobileye's stock dropped almost 8% after Jefferies initiated coverage with an underperform rating, projecting a price target of $8 due to competitive pressures. Cognizant Technology Solutions' shares rose nearly 7% after it doubled its stock repurchase target to $2 billion for 2026.
Boston Scientific's stock increased over 3% following a $2 billion accelerated stock repurchase plan and a $1.5 billion investment in MiRus, a heart valve business. Regeneron Pharmaceuticals' shares fell more than 10% after its skin cancer treatment failed to meet trial goals.
Macy's shares rose about 1% after Berkshire Hathaway disclosed a small position in the company, valued at approximately $55 million. Bio Rad Laboratories jumped 11% after reports of Elliott Investment Management acquiring a significant stake, though details were sparse.
Delta Air Lines' shares increased over 1% after Berkshire Hathaway revealed a $2.6 billion stake in the airline, marking a return to the sector after previously exiting. ServiceNow's stock rose 6% following a buy rating from Bank of America, which suggested the company would benefit from AI advancements.
Ford Motor's shares dipped about 1% but initially spiked after announcing a five-year agreement with EDF for battery energy storage systems, with deliveries expected to start in 2028