FMC Stock Falls as Agricultural Supplier Says Customers Are Lowering Inventory | Global News Avenue

Major U.S. stock indexes rose on Wednesday, recovering from morning losses as chip giant Nvidia and other AI names revitalize the tech space.

After the opening meeting, the meeting at the meeting (GOOGL) stocks discovered some momentum later in the day, partly by semiconductor giant Nvidia (NVDA) and other artificial intelligence (AI) participants.

After trading in negative areas earlier in the day, the S&P 500 recovered in the afternoon and closed up 0.4%. The Dow Jones and the Nasdaq also bounced back from morning losses, rising to 0.7% and 0.2% respectively.

Stock of industrial manufacturer Johnson Controls International (JCI) recorded the S&P 500’s highest performance on Wednesday, soaring 11.3%. Posted by manufacturers of ventilation, refrigeration and safety equipment Exceeding sales and profits The fiscal quarter in the first quarter and guidance for current quarter and full-year earnings exceeded expectations. The company also announced leadership changes with long-term Danaher (DHR) Executive Joakim Weidemanis will become the new CEO of Johnson Controls starting next month.

Super Computer (SMCI) Stocks soared for the second straight session, up 8.0% on Wednesday after the company announced the “full production availability” of its latest artificial intelligence (AI) data center server solution.

Electronic Arts (EA) Stocks rose 7.6% after quarterly earnings for video game makers were released. Although the football sales fell Dragon Age The title leads to year-on-year sales, earnings per share (EPS) maximum estimates, while EA’s sales and profit guidance in the quarter were forecasted ahead of schedule.

FMC Corp.FMC) Stocks fell 33.5% on Wednesday, the biggest drop among all S&P 500s. Manufacturers of herbicides and other pest control products said in their revenue call that customers in various countries chose to lower inventory levels compared to historical trends.

IDEX Corp.’s stock (IEX) fell 9.6% after providers of metrology systems, fire equipment and other industrial machinery, missing sales estimates for the fourth quarter and providing a soft outlook for the first quarter. While IDEX benefits from the acquisition of metal filtration expert Mott Corp., the higher costs associated with employees contribute to low gross margins.

Match the group (mtch) Stocks fell 7.9% after operators of online dating platforms Appointed as new CEO. Spencer Rascoff, former CEO of Zillow, has been appointed as CEO of the game after Bernard Kim left.