These Stocks Are Moving the Most Today: Alphabet, Apple, Dell, HPE, Nvidia, XPeng, Tesla, Quantum Computing, and More

The Wall Street subway station in New York. (Michael M. Santiago/Getty Images)

Key Points

• Alphabet stock rose after Berkshire Hathaway disclosed it bought $4.3 billion worth of shares in the third quarter.
• Apple fell after Berkshire Hathaway disclosed that it sold $10.6 billion worth of its shares in the third quarter.
• XPeng declined after reporting a loss of 150 million yuan on sales of 20.38 billion yuan in the third quarter.

Stocks closed lower Monday to start off a week that includes earnings from tech bellwether Nvidia, U.S. employment data, and earnings from retail giants Walmart and Target.

These stocks were moving Monday:

Alphabet rose 3.1% after Berkshire Hathaway disclosed in a filing it bought $4.3 billion worth of shares in Google’s parent company in the third quarter. Alphabet made up 1.6% of Berkshire Hathaway’s portfolio by the end of September. Warren Buffett’s conglomerate didn’t own any Alphabet shares as of the end of the second quarter. Berkshire Hathaway’s class B shares declined slightly.

Apple, meanwhile, fell 1.8% after Berkshire Hathaway disclosed that it sold $10.6 billion worth of shares in the third quarter. Berkshire also sold $1.9 billion worth of Bank of America stock and $1.2 billion worth of holdings of Verisign in the three-month span. The investing conglomerate bought holdings in insurance company Chubb valued at $1.2 billion. Chubb stock was flat on Monday.

Dell Technologies fell 8.4% to $122.48 as Morgan Stanley downgraded shares to Underweight from Overweight and reduced the price target to $110 from $144. A surge in the price of memory drives—a component in Dell products like servers and PCs—will weigh on the technology company’s margins, the firm argued.

HP Inc. declined 6.8% to $22.87 after Morgan Stanley downgraded the IT company to Underweight from Equalweight, and cut its price target on the stock to $24 from $26. Like Dell, HP’s margins tend to shrink when memory component costs increase, and investors should expect that trend to continue, according to Morgan Stanley.

Hewlett Packard Enterprise also traded lower, tumbling 7% to $21.23. Morgan Stanley downgraded HPE to Equal-weight from Overweight and slashed its target price to $25 from $28.

U.S.-listed shares of XPeng fell 10.3% after the Chinese electric-vehicle maker posted a loss of 150 million yuan ($20 million) on sales of ¥20.38 billion. XPeng said it had delivered 116,007 vehicles over the third quarter, slightly above the midpoint of its previous guidance of between 113,000 and 118,000 deliveries. Investors may have been taking the opportunity to lock in some profits following a strong run for the shares, which have risen 92% in 2025.

Tesla gained 1.1%. Shares of the electric-vehicle maker closed up 0.6% on Friday, snapping a three-session losing streak. The Wall Street Journal reported over the weekend that Tesla has been requiring its suppliers to exclude China-made components in the U.S. manufacturing of its cars. The company aims to switch all components to those made outside of China in the next year or two, people familiar with the situation said.

Nvidia fell 1.8%. The leading maker of artificial-intelligence chips is set to report its quarterly earnings after the closing bell Wednesday. The results will likely serve as a crucial indicator for the broader market, as they will give investors a sense of how demand for AI is holding up amid concerns about lofty valuations.

Quantum Computing was up 6.7%. The company posted $384,000 in revenue in the third quarter, up from $101,000 last year. Quantum Computing cited an increase in the number of hardware contracts and the recognition of revenue for cloud-based computing access to its Dirac-3 quantum system. The company also swung to a profit in the period of $2.4 million, compared with a year-earlier loss of $5.7 million.

E.W. Scripps jumped 40% to $4.2 after Sinclair built a stake of 8.2% in the local TV broadcaster and said it was discussing a potential merger. In a statement, Scripps said its board “has and will continue to evaluate any transactions and other alternatives that would enhance the value of the company and would be in the best interest of all company shareholders. Likewise, the board will take all steps appropriate to protect the company and the company’s shareholders from the opportunistic actions of Sinclair or anyone else.” Sinclair rose 4.9%.

Albemarle climbed 2.2%. Shares of the lithium provider were set to end Monday’s session as the top performer in the . Demand growth and a stabilizing supply have served as a catalyst for lithium stocks, even as the Trump administration cuts support for electric vehicles.

Earnings reports are expected later Monday from Trip.com and XP Inc.

In addition to Nvidia, reports are expected later in the week from Walmart, Home Depot, Lowe’s, Target, Deere, PDD Holdings, Medtronic, Palo Alto Networks, Intuit, Baidu, TJX Cos., Klarna, Viking Holdings, Williams-Sonoma, Bullish, Veeva Systems, Ross Stores, Gap, and Elastic.

Write to Joe Woelfel at joseph.woelfel@barrons.com and Mackenzie Tatananni at mackenzie.tatananni@barrons.com