On this episode of Stock Movers:
- Workday (WDAY) shares rise after Elliott Investment Management says the human-resources software company has made substantial progress in recent years, and called the plan announced at the event a significant enhancement of the company’s operating model and capital allocation framework.
- Lyft (LYFT) shares rise after they announced their partnership with Waymo to offer robotaxi service in Nashville starting next year. Waymo will launch fully autonomous operations in Nashville in the coming months, with rides opening to the public next year through the Waymo app and then on Lyft's platform.
- Nvidia (NVDA) shares fall after the Financial Times reported that China’s internet regulator has told the country’s biggest technology companies to stop buying Nvidia artificial intelligence chips and terminate their existing orders. The Cyberspace Administration of China informed companies including ByteDance and Alibaba this week to terminate their testing and orders of the RTX Pro 6000. BBC reports that Nvidia CEO Jensen Huang is “disappointed” and that he would be "patient" in response
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