Stocks making the biggest moves midday: Nvidia, Apple, Alphabet, PepsiCo and more

Check out the companies making headlines in midday trading. Nvidia — Shares climbed about 3% in light of the company's GTC Conference . Investors see the event as a bellwether for artificial intelligence, as Nvidia is expected to unveil new products and updates. Zillow — Shares pulled back 3%, adding to Friday's 13% pullback. The stock came under pressure after the National Association of Realtors reached a settlement with home sellers that could lead to lower commissions for realtors.

4% after a report from Reuters said the company is considering building a packaging facility in Japan. Separately, Bank of America raised its price target on the stock, noting, "we expect the structural advanced node demand to be stronger, supported by AI strength, computing power, power and saving requirement." Tesla — The electric vehicle maker added nearly 5% after the company said it planned to raise the price of its Model Y by $1,000 beginning in April.

Source: News Formal (newsformal.com)

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