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Stocks making the biggest moves midday: Cerebras, Marvell, Intel, Corning & more

Cnbc · 🇺🇸 public United States · · 441 words · By Sarah Min
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What to know about Stocks making the biggest moves midday: Cerebras, Marvell, Intel, Corning & more

Here are the companies that are making headlines in midday trading.

Claims checked 21
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center88%
Right12%

8 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Here are the companies that are making headlines in midday trading.

Why it matters

Apple – The iPhone maker advanced more than 2% as its Worldwide Developers Conference kicked off.

Common ground

Apple is expected to detail more of its strategy around artificial intelligence, including updates to Siri.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/06/08/stocks-making-the-biggest-moves-midday-cbrs-mrvl…

fact_checkClaims Checked

eFinder analyzed this article and checked 21 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 11
info Single Source 5
check_circle Corroborated 3
verified Verified 1
verified Verified By Reference 1
schedule
Claim 1: “Marvell Technology — Marvell Technology gained 13% after it was announced the chip company will be joining the S & P 500.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 2: “Morgan Stanley, Barclays, Wedbush and UBS were among the firms to give the stock buy-equivalent ratings as they kicked off coverage.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 3: “Alphabet shares dipped almost 2%.”
VERIFIED
A cross-reference from CNBC explicitly states that shares of Google-parent Alphabet dropped nearly 2%.
compare_arrows
cross reference SUPPORTS — Shares of Blackstone were down 1% on the day, while shares of Google-parent Alphabet dropped nearly 2%
https://www.cnbc.com/2026/05/19/stocks-making-the-biggest-mo…
verified
Claim 4: “Intel – Shares of the chip company jumped 12% after The Information reported that Alphabet and Nvidia are considering the company as a backup chip manufacturer.”
VERIFIED BY REFERENCE
The evidence provided consists only of general Wikipedia entries for Alphabet, Intel, and Nvidia, with no mention of the specific report from 'The Information' or the 12% stock jump.
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wikipedia NEUTRAL — Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and …
https://en.wikipedia.org/wiki/Alphabet_Inc.
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wikipedia NEUTRAL — Intel Corporation is an American multinational technology company headquartered in Santa Clara, California. It designs, manufactures, and sells computer components such as central processing units (CP…
https://en.wikipedia.org/wiki/Intel
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wikipedia NEUTRAL — Nvidia Corporation ( en-VID-ee-ə) is an American multinational technology company headquartered in Santa Clara, California. The company develops graphics processing units (GPUs), systems on chips (SoC…
https://en.wikipedia.org/wiki/Nvidia
schedule
Claim 5: “Broadcom gained about 3%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
check_circle
Claim 6: “Apple – The iPhone maker advanced more than 2% as its Worldwide Developers Conference kicked off.”
CORROBORATED
Web search results confirm that Apple shares were up about 2% shortly after the open on Monday during the WWDC event, although they later slid.
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wikipedia NEUTRAL — Apple Inc. has announced major new and redesigned products and upgrades through press conferences, while minor updates often happen through press releases on Apple Newsroom. The press conferences have…
https://en.wikipedia.org/wiki/List_of_Apple_Inc._media_event…
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wikipedia NEUTRAL — The Worldwide Developers Conference (WWDC) is an information technology conference held annually by Apple. The conference is currently held at Apple Park in California. The event is used to showcase n…
https://en.wikipedia.org/wiki/Worldwide_Developers_Conferenc…
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wikipedia NEUTRAL — Xcode is a suite of developer tools for building apps on Apple devices. It includes an integrated development environment (IDE) of the same name for macOS, used to develop software for macOS, iOS, iP…
https://en.wikipedia.org/wiki/Xcode
+ 3 more evidence sources
info
Claim 7: “Year-over-year and revenue growth in the second quarter are now expected to come in at a low- to mid-teens percentage rate, versus the earlier call for a rate in the mid-teens.”
SINGLE SOURCE
The provided evidence for this specific claim consists of general Wikipedia and landing page information about Wix, not financial guidance or revenue growth forecasts.
travel_explore
web search NEUTRAL — Wix.com Ltd. (Hebrew: ווִיקס.קוֹם, romanized: wix.com), or simply Wix, is an Israeli software company, publicly listed in the US, that provides cloud -based web development services.
https://en.wikipedia.org/wiki/Wix.com
travel_explore
web search NEUTRAL — Wix is a website builder that lets any business or individual build their own professional website. By combining design tools and business solutions in one AI-powered platform, Wix makes it easy for a…
https://www.wix.com/
travel_explore
web search NEUTRAL — Sign in to your Wix account to access the website editor and complete business solutions.
https://users.wix.com/signin
schedule
Claim 8: “Cerebras Systems – The artificial intelligence chipmaker saw shares rocket 20% after a slate of bullish initiations from Wall Street firms.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 9: “shares of Micron Technology and KLA Corp bouncing 10%”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 10: “Corning reached a deal with Amazon to provide the optical fiber and connectivity solutions to support the e-commerce and cloud giant's growing data center infrastructure in the U.S.”
SINGLE SOURCE
The evidence provided for Corning consists of general company descriptions and Wikipedia entries; there is no mention of a specific deal with Amazon for data center infrastructure.
travel_explore
web search NEUTRAL — Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and sci…
https://en.wikipedia.org/wiki/Corning_Inc.
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web search NEUTRAL — Corning Incorporated is a global-leading innovator in materials science, with 170 years of life-changing inventions and category-defining products.
https://www.corning.com/
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web search NEUTRAL — Corning is one of the world’s leading innovators in materials science. For more than 160 years, Corning has applied its unparalleled expertise in specialty glass, ceramics, and optical physics to deve…
https://www.corning.com/emea/en.html
schedule
Claim 11: “Flex will also become part of the broad market index; shares were last off roughly 1%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 12: “Wix.com – The web development company slid more than 5%.”
SINGLE SOURCE
The provided evidence for Wix.com shares sliding more than 5% consists of irrelevant search results about The Sims 4, viral videos, and KazMunayGas shares.
travel_explore
web search NEUTRAL — Please visit the link below for the 2019 Video showing the updated version of this MOD & answers to all your FAQshttps://www.youtube.com/watch?v=1x8ovepToMA&...
https://www.youtube.com/watch?v=7WhkrU9AlBE
travel_explore
web search NEUTRAL — Barat viral is more than a collection of Western trends. It reflects how global audiences consume culture, react emotionally, and connect through social media. It shows the power of digital platforms …
https://app.kinipaham.com/barat-viral/
travel_explore
web search NEUTRAL — KazTAG - The volume of trading in ordinary shares of NC KazMunayGas JSC decreased by 3.2 times in May 2023, reports the Kazakhstan Stock Exchange (KASE).
https://new.kaztag.kz/en/news/volume-of-trading-in-kmg-share…
schedule
Claim 13: “The VanEck Semiconductor ETF (SMH) was last up almost 6%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 14: “Crocs – The footwear manufacturer jumped 3% after Baird lifted its rating to outperform .”
SINGLE SOURCE
The evidence provided for Crocs consists of general company descriptions and shopping links, with no mention of stock price movements or Baird ratings.
travel_explore
web search NEUTRAL — Crocs, Inc. is an American footwear company based in Broomfield, Colorado which manufactures and markets the Crocs brand of foam footwear. Crocs, Inc. terms these "clogs," but they do not contain wood…
https://en.wikipedia.org/wiki/Crocs
travel_explore
web search NEUTRAL — Shop the Crocs site for the latest collabs, new arrivals, and your favorite classic style - get Free Shipping on qualifying orders. Sign up for Crocs Club & get 15% off.
https://www.crocs.com/
travel_explore
web search NEUTRAL — Buy shoes, sneakers, sandals online with Crocs. Find the latest footwear for the whole family for any season or occasion with the classic Crocs comfort you know!
https://www.crocs.com/c/footwear
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Claim 15: “Wix dialed back its outlook for the full year, now calling for bookings to grow at a percentage rate in the low teens.”
CORROBORATED
Web search results explicitly state that Wix lowered its 2026 bookings growth outlook to the 'low-teens range from mid-teens'.
travel_explore
web search NEUTRAL — expectations, in the growth of our Partners business during the second half of May and early June," the filing stated. The company lowered its 2026 bookings growth outlook to the low-teens range from …
https://www.mixedtimes.com/business/wix-tumbles-after-cuttin…
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web search NEUTRAL — The company has also updated its full-year revenue outlook to $1,747 to $1,761 million, or 12-13% year-over-year growth. This revised guidance reflects the momentum built in the first half of the year…
https://tokenist.com/wix-com-ltd-reports-strong-q2-performan…
travel_explore
web search NEUTRAL — Explore the world with Booking.com. Big savings on homes, hotels, flights, car rentals, taxis, and attractions – build your perfect trip on any budget.Why Booking.com? Book now, pay at the property. F…
https://www.booking.com/
info
Claim 16: “Corning – The specialty glass and fiber company saw shares pop about 6%.”
SINGLE SOURCE
Web search results show Corning shares moving up by 13.07% on June 2 and 7.5% on June 22, but no specific instance of a '6%' pop is confirmed in the provided evidence.
travel_explore
web search NEUTRAL — Jun 2, 2026 ... Corning's Q1 2026 results surpassed expectations; sales grew 18%.Partnership with NVIDIA to boost U.S. fiber production for AI.
https://www.tradingkey.com/news/market-movers/261942091-mark…
travel_explore
web search NEUTRAL — 2 days ago ... Corning's stock trades at US$183.11, with the share price up very strongly at about 102% year to date, so the market is already pricing in a lot ...
https://simplywall.st/stocks/us/tech/nyse-glw/corning
travel_explore
web search NEUTRAL — Jun 22, 2026 ... The company traded as high as $212.39 and last traded at $209.6080. Approximately 18,472,222 shares traded hands during trading, an increase of ...
https://www.marketbeat.com/instant-alerts/corning-nyseglw-st…
schedule
Claim 17: “Nvidia — Shares gained nearly 2% after Nvidia announced a partnership with South Korean tech giant SK Hynix for advanced memory for its AI factory buildout.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 18: “The two names are replacing Campbell's and Pool Corp.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 19: “Nurix Therapeutics — Shares jumped almost 7% after the biotech said it's collaborating with Roche to develop and commercialize bexobrutideg, a protein degrader used to treat cancers and autoimmune diseases.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
check_circle
Claim 20: “That's down from its forecast of a percentage rate in the mid-teens.”
CORROBORATED
The evidence for claim 2 confirms the previous forecast was 'mid-teens', which directly supports the claim that the current 'low-teens' forecast is a decrease from the 'mid-teens'.
travel_explore
web search NEUTRAL — Wix sees about $70 million in incremental non-GAAP cost-of-revenue and operating-expense savings this year, with a full-year run-rate savings target of about $150 million, driven mainly by lower payro…
https://www.mixedtimes.com/business/wix-tumbles-after-cuttin…
travel_explore
web search NEUTRAL — Upgrade your Wix website to a premium plan and get a custom domain name, extra storage, traffic analytics and more. Check out Wix’s Premium Pricing Plans!
https://www.wix.com/plans
travel_explore
web search NEUTRAL — People from all over the world have been drawing this S-shaped symbol for decades, yet no one seems to know anything about it. In this video, I explore some ...
https://www.youtube.com/watch?v=RQdxHi4_Pvc
schedule
Claim 21: “Shares of Advanced Micro Devices jumped 5%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.