These Stocks g the Most Today: Nvidia, Microsoft, Home Depot, Cloudflare, Energizer, Honeywell, Medtronic, Klarna, and More
Nov 18, 2025 05:29:00 -0500 by Joe Woelfel | #MarketsA Wall Street sign at the New York Stock Exchange. (WEISS/AFP via Getty Images)
Key Points
- Nvidia fell, extending the stock’s losses this month. The chip maker is scheduled to report quarterly earnings Wednesday.
- Home Depot’s third-quarter adjusted earnings miss forecasts and the home-improvement retailer cut its full-year sales outlook.
- Medtronic traded higher after fiscal second-quarter earnings top analysts’ estimates.
Stocks fell Tuesday as investors continued to dump risk assets, particularly artificial-intelligence stocks, amid fears the Federal Reserve won’t cut interest rates next month.
These stocks made moves on Tuesday:
Nvidia fell 2.8% and Microsoft declined 2.7% after unveiling a partnership with Anthropic. As part of the agreement the AI start-up will purchase $30 billion worth of Microsoft Azure compute capacity as it scales its Claude AI on the platform. Nvidia has committed to invest up to $10 billion in Anthropic, while Microsoft will invest up to $5 billion.
Nvidia, the leading maker of AI chips, has been under pressure heading into its third-quarter earnings report scheduled for after the closing bell Wednesday. “The stock now has a slightly lower bar to clear post-earnings. We expect Nvidia to exceed estimates and provide future earnings and revenue guidance that is higher than investors expect,” said James Demmert, chief investment officer at Main Street Research.
Home Depot fell 6% after third-quarter adjusted earnings missed analysts’ estimates and the largest U.S. home-improvement retailer cut its full-year outlook. Comparable-store sales in the third quarter rose 0.2% but missed forecasts. Home Depot reduced its outlook for comparable-sales growth to be slightly positive, down from a previous forecast of up 1%. “An expected increase in demand in the third quarter did not materialize. We believe that consumer uncertainty and continued pressure in housing are disproportionately impacting home improvement demand,” said Home Depot President and CEO Ted Decker. Competitor Lowe’s retreated 2.4%.
Cloudflare slipped 2.8%. Earlier Tuesday, the cloud-service provider reported widespread outages that affected sites such as X and ChatGPT. The company said in an update around 12:45 p.m. ET that services were back to operating normally. “We are no longer observing elevated errors or latency across the network,” Cloudflare said in a statement on its website.
Merck gained 3.8%. The pharmaceutical company said one of its continuing Phase 2 trials of its Winrevair biologic had been successful, and that it planned to proceed with a Phase 3 study. Winrevair is meant to be used in patients with pulmonary arterial hypertension, and is expected to be a top seller.
Honeywell International declined 2.4% to $191.45 after the industrial giant was downgraded to Underperform from Buy at BofA Securities. The price target was reduced to $205 from $265. Analysts said the path for Honeywell was “challenging.” They see limited earnings growth in 2026.
Energizer Holdings tumbled 19% after the battery maker posted fiscal fourth-quarter adjusted earnings that missed Wall Street forecasts and the company projected a soft start to fiscal 2026 as it operates “through a period of transition,” with the first quarter “more heavily affected by temporary tariff costs and mitigation efforts.”
U.S.-listed shares of Baidu gained 2.7% after the Chinese search-engine provider reported better-than-expected adjusted net income in the third quarter of 3.77 billion yuan ($530 million) but revenue fell 7% from a year ago to ¥31.17 billion.
American depositary receipts of Temu owner PDD Holdings declined 7.3% after third-quarter revenue growth slowed. “In the third quarter, revenues growth continued to moderate, reflecting the ongoing evolution of the competitive landscape and external uncertainties,” said Jun Liu, vice president of finance.
Medtronic, the medical device maker, gained 4.7%. The company posted fiscal second-quarter earnings and revenue that topped analysts’ estimates and raised its fiscal 2026 guidance.
Klarna declined 9.3%. The buy-now, pay-later company posted third-quarter revenue of $903 million, up from $706 million in the same quarter last year, and better than analysts’ estimates of $885.5 million. The earnings report was the fintech’s first since going public in September.
Write to Joe Woelfel at joseph.woelfel@barrons.com and Mackenzie Tatananni at mackenzie.tatananni@barrons.com