Trending tickers: The latest investor updates on Nvidia, Palantir, The Trade Desk, Rio Tinto and Barratt Redrow

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21 hours ago

Shares in Nvidia (NVDA) popped 3.5% in pre-market trading on Tuesday, after the company said that it would resume sales of its H20 artificial intelligence (AI) chips in China.
In a blog post on Monday, the company said Nvidia (NVDA) CEO Jensen Huang had told customers during a trip to Beijing that the chipmaker was filing applications to resume selling its H20 graphic processing unit (GPU).
Nvidia (NVDA) said that the US government had assured the company that licences will be granted, with the chipmaker adding that it hoped to start deliveries soon. This would mark a reversal of curbs on sales of Nvidia's (NVDA) key AI chips in China, which was imposed by US president Donald Trump's administration in April.
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The US Department of Commerce had not responded to Yahoo Finance UK's request for comment at the time of writing.
Matt Britzman, senior equity analyst at Hargreaves Lansdown, said: "This is a major catalyst for Nvidia (NVDA) shares, as many had written off the chance of any meaningful revenue coming from China after the White House blocked the sale of Nvidia's (NVDA) weaker H20 chips a few months ago.
"Not only does this represent incremental upside to future revenue, to the tune of $15bn (£11bn) – 20bn this year, depending on when approval is granted and how quick deliveries can ramp back up," he said. "But there's also a chance Nvidia (NVDA) can reverse some, or all, of the $5.5bn impairment charge taken in the first quarter, providing a double boost for earnings."
Software company Palantir (PLTR) rose nearly 5% on Monday to close at a fresh high of $149.15, with the stock now up 97% year-to-date.
Wedbush Securities managing director and global head of technology research Dan Ives, who has an "outperform" rating on the stock, told Yahoo Finance on Monday that he believed Palantir (PLTR) is going to be "one of the core players" in AI.
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"I'm seeing it as a trillion dollar company next two to three years," he said of Palantir (PLTR), which currently has a market capitalisation of nearly $352bn.
Ives said he viewed Palantir (PLTR), which provides data analytics technology, as "one of the best AI plays in the world".
Shares in The Trade Desk (TTD) surged nearly 15% in pre-market trading on Tuesday, after it was announced that the digital advertising company would join the S&P 500 (^GSPC).
S&P Global said on Monday that The Trade Desk (TTD) would replace engineering simulation software company Ansys (ANSS) in the US blue-chip index effective prior to the start of trading on Friday 18 July.
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Chip-design software maker Synopsys (SNPS) is set to acquire Ansys in a deal expected to be completed on 17 July.
Synopsys said on Monday that it had "received approval from all necessary authorities to proceed with the acquisition" of Ansys, in a deal worth $35bn.
On the London market, Rio Tinto (RIO.L) was in focus on Tuesday, after the miner said it had tapped Simon Trott to be the company's next CEO.
Trott, who is currently the CEO of Canada-based Iron Ore, had previously worked as Rio Tinto's (RIO.L) first chief commercial officer.
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He is set to succeed Jakob Stausholm with effect from 25 August, according to Rio Tinto's (RIO.L) announcement.
Despite the news, shares in Rio Tinto (RIO.L) hovered around the flatline on Tuesday morning.
Shares in Barratt Redrow (BTRW.L) slid more than 8% on Tuesday morning, after the housebuilder said it had missed its homebuilding target.
Barratt Redrow (BTRW.L) CEO David Thomas said in a trading update on the company's full-year performance on Tuesday that home completions for the year were slightly below the housebuilder's guided range.
He said that this was mainly due to the impact of fewer international and investor completions than expected in the company's London businesses.
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Total home completions came in at 16,565 for the 2025 fiscal year, compared to a guided range of between 16,800 and 17,200, provided in the company's half-year results in February.
Barratt Redrow (BTRW.L) is set to publish its full annual results on 17 September.
Richard Hunter, head of markets at Interactive Investor, said: "In terms of outlook, adjusted pre-tax profit should to be in line with estimates, and the group has upped its expected completions for next year to a range of 17,200 to 17,800 homes, en route to its medium-term target of 22000 homes per year, which is a strong position.
"The possibility of interest rate deductions, true planning reforms and the remaining under-supply of homes in the UK are all factors which should eventually lift all boats in the sector."
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