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The semiconductor stock Wolfspeed fell nearly 5% after a downgrade to underperform from neutral at Mizuho, citing pricing concerns for silicon carbide used in electric vehicles. Nvidia’s shares rose over 1% as CEO Jensen Huang noted high demand for its next-gen AI graphics processor Blackwell. Hims & Hers Health declined around 9% due to a resolved shortage of GLP-1 treatments from Eli Lilly. EVgo saw a 9% increase in shares after an upgrade from JPMorgan. Levi Strauss shares dropped 12% after trimming revenue guidance and missing Q3 revenue expectations. Constellation Brands slightly rose on better-than-expected earnings for the fiscal second quarter. Stellantis fell more than 3% after a Barclays downgrade.

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