U.S. Stocks to Watch: Nvidia, Plug Power, Constellation Energy, Lowe's, Target, and More

Dow Jones
2025/11/19

Stock futures were edging higher Wednesday as investors awaited third-quarter earnings from chip maker Nvidia.

These stocks were poised to make moves Wednesday:

NVIDIA ticked up 0.7% ahead of its earnings report scheduled for after the closing bell. Wall Street expects the world's most valuable company to report adjusted earnings of $1.26 a share on revenue of $54.9 billion, up 57% from a year ago. For the current quarter outlook, analysts expect revenue of $62.17 billion, with earnings of $1.44 a share.

The earnings will be crucial for the broader market: If Nvidia signals continued demand for its artificial-intelligence chips, fears about bloated valuations could ease. Investors also be looking for more clarity on Nvidia's relationships with AI start-ups OpenAI and Anthropic, amid worries that the AI trade may be becoming one big circular money machine. Nvidia and Microsoft committed on Tuesday to invest up to $10 billion and $5 billion, respectively, in Anthropic as part of a new strategic partnership,. Shares of both companies fell after the announcement.

Plug slumped 15% after the hydrogen technology provider announced plans to offer $375 million of senior convertible notes. The offering would dilute existing shareholders' stake in the company.

Constellation rose 3.3% after the electricity provider said late Tuesday the U.S. government had loaned it $1 billion to finance the restart of the nuclear plant at Three Mile Island in Pennsylvania. Constellation accounts for about a quarter of America's nuclear generation, and it has deals with both Microsoft and Meta Platforms to supply power for their AI data centers.

DoorDash, Inc. rose 2.6% after Jefferies upgraded the food delivery company to Buy from Hold, and raised its price target to $260 from $220. The new price target implies the stock can climb about 19% from its current level.

Nexstar Broadcasting gained 5.8% in after-hours trading on Tuesday after the TV station operator filed an application with the Federal Communications Commission for approval of its acquisition of competitor Tegna. Nexstar said in August that it had agreed to acquire Tegna in a cash transaction worth $22 a share, or a total of $6.2 billion. Tegna traded at $19.90 as of Tuesday's close.

Lowe's climbed 0.5% in the premarket session. The home-improvement retailer is expected by Wall Street to report third-quarter adjusted earnings of $2.97 a share on revenue of $20.8 billion. Same-store sales at Lowe's are projected to rise 1% from a year earlier. Rival Home Depot shares tumbled 6% on Tuesday, their worst daily percentage decrease since February 2023, after third-quarter earnings and same-store sales missed analysts' expectations and the company reduced its full-year outlook.

Target rose 1% ahead of the retailer's third-quarter earnings report. Target's stock has struggled this year, falling 35% coming into Wednesday, as it has suffered from a dearth of merchandise, skimpy staff, and messy stores that have pushed shoppers to competitors like Walmart.

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