These Stocks Moved the Most Today: Nvidia, Oracle, Alphabet, Strategy, Intuit, Lilly, Gap, Elastic, Veeva, and More
Nov 21, 2025 05:59:00 -0500 by George Glover | #MarketsTraders working at the New York Stock Exchange. (Courtesy NYSE)
Key Points
- Nvidia fell after the chip maker’s shares seesawed on Thursday following a solid earnings report.
- Intuit jumped after exceeding analysts’ earnings and revenue estimates.
- Elastic plunged. It reported better-than-expected quarterly earnings and raised fiscal-year revenue guidance.
Stocks rallied Friday after the previous session’s selloff driven by concerns about bloated artificial-intelligence valuations.
These stocks moved Friday:
Nvidia fell 1%. The chip maker’s shares seesawed on Thursday, starting the session higher following a solid third-quarter earnings report before reversing course to close down 3%. Nvidia’s report and better-than-expected guidance gave the market a solid read on artificial-intelligence demand but failed to reassure investors who have been fretting about where the money is coming from and whether it will be well spent.
Intel rose 2.6%. CEO Lip-Bu Tan downplayed rumors that a recent hire from Taiwan Semiconductor Manufacturing had taken company data from the Taiwanese chip manufacturer. Local media reported this week that Taiwanese officials were investigating Wei-Jen Lo, who joined Intel in October. U.S.-listed shares of TSMC were down 0.9%.
Cryptocurrency stocks traded mixed as a brutal Bitcoin selloff raged on. Digital-asset exchange Coinbase Global rose 0.9%, trading platform Robinhood Markets was up 1%, and Strategy fell 3.7%. Strategy could be at risk of a further pullback if index provider MSCI drops digital asset treasury companies from its indexes.
Intuit gained 4% after the maker of TurboTax beat analysts’ estimates for earnings and revenue in its fiscal first quarter. The business software company aims to boost growth through artificial-intelligence products. Intuit’s earnings guidance looked a little soft, although Chief Financial Officer Sandeep Aujla told Barron’s that the company doesn’t raise its financial guidance before the company is finished with the crucial tax season, which brings in the most revenue for it each fiscal year.
Alphabet, Google’s parent company, rose 3.5% and surpassed Microsoft as the third-largest U.S. company by market capitalization. If trends hold, Friday would mark the first time since Aug. 30, 2018, that Alphabet has closed with a higher market cap than Microsoft, according to Dow Jones Market Data. Microsoft shares fell 0.7%.
Eli Lilly’s market capitalization soared t0 $1 trillion on Friday as the stock rose 1.6%. It is the only drugmaker to reach that milestone and one of only 10 companies in total in the 13-digit club.
Oracle continued its monthslong slump, falling 5.7%. The stock has succumbed to fears of a potential AI bubble in part because of the sizable debt load Oracle is accumulating to deliver on its eye-popping revenue forecasts. The stock was the worst performer in the S&P 500 on Friday.
Gap gained 8.4% after the clothing retailer reported that its third-quarter comparable-store sales had jumped 5% from a year ago; analysts had predicted a 3% increase. Profit was better than expected as well: Earnings came in at 62 cents a share, topping estimates of 59 cents.
Ross Stores rose 8.4% after the off-price retailer raised its fiscal-year earnings guidance to a range of $6.38 to $6.46 a share, up from $6.08 to $6.21 previously. The guidance hike came the same day Walmart delivered a “beat-and-raise” quarter, helping to reassure investors that consumer spending remains robust. Walmart stock fell 1.7%.
BJ’s Wholesale Club rose 1.2% after the warehouse chain beat consensus estimates for adjusted earnings but fell short of forecasts for comparable-store revenue growth. The company lowered the high end of its full-year guidance for comparable-store sales growth, but raised its guidance range for adjusted earnings per share.
Elastic plunged 15%. The Dutch-American software company reported better-than-expected fiscal second-quarter earnings and raised its fiscal-year revenue guidance. A deceleration in cloud revenue growth from the prior quarter combined with management’s upbeat commentary on new deals left some investors confused.
It was a similar story for cloud software provider Veeva Systems, which tumbled 10% despite topping analysts’ earnings targets. Veeva said it expected to end up with 14 of the largest 20 biopharmaceutical companies as customers for its Vault CRM software, lower than previous expectations. Rival and former partner Salesforce will likely secure the other six. Salesforce was up 0.8%.
Enviri stock rose 28% after the environmental services company announced an agreement to sell its Clean Earth division to French company Veolia Environnement for aggregate cash consideration of $3.04 billion.
Write to George Glover at george.glover@dowjones.com