### Tech and Retail Stocks in Midday Trading
#### Nvidia Shares Fall Amid New AI Chip Delay
In midday trading, Nvidia shares fell 1.9% after Reuters reported that the company notified its China clients of a delay until next year for a new artificial intelligence chip designed to comply with U.S. export restrictions.
#### Fisker Announces Quarterly Report Delay and Finance Leadership Team Changes
Electric vehicle startup Fisker saw a 5.2% jump in its shares after announcing a delayed quarterly report. The delay was due to accounting personnel changes, and the company also revealed changes to its finance leadership team.
#### First Solar and SolarEdge Stock Declines Due to Increased 10-year Treasury Yield
Solar panel manufacturer First Solar experienced a 3.3% decline, while SolarEdge fell about 0.8% as the Invesco Solar ETF (TAN) dropped about 1.3%. This drop is attributed to higher interest rates which have increased project financing costs for renewable energy stocks.
#### iRobot Surges as Amazon’s Planned Acquisition Gets Regulatory Approval
Home device maker iRobot saw a 39% surge in its stock following reports that Amazon is about to win regulatory approval in the European Union to proceed with its planned $1.4 billion acquisition of the company.
#### Vista Outdoor Stock Climbs After Valuation Proposal
Outdoor recreation stock Vista Outdoor climbed 3.9% after Colt CZ Group proposed a strategic combination valuing the company at $30 per share, a 16.5% increase compared to the previous close.
#### Apple Ends Trading Day Down Amid Decline in Smartphone Sales
Apple saw a 0.7% decline in its stock after Reuters reported a decline in smartphone sales during China’s Singles Day shopping season, according to data from Counterpoint Research.
#### Coinbase Shares Jump as Bitcoin Tops $38,000
Shares of the crypto exchange Coinbase jumped approximately 5.8% as bitcoin briefly topped $38,000. This increase comes after Changpeng Zhao, chief of Binance, a major competitor of Coinbase, pleaded guilty to criminal charges and stepped down as CEO as part of a $4.3 billion settlement with the Department of Justice.
#### Black Friday Trading Results in Mixed Performance for Retailers
Walmart and Target saw modest gains of less than 1% in trading, while Ulta Beauty gained 1.3% and Nordstrom added 5.9%. Sneaker retailer On Holding advanced 3.3% in trading during Black Friday.
In summary, tech and retail stocks demonstrated varied performances in midday trading, with notable movements in the shares of Nvidia, Fisker, First Solar, iRobot, Vista Outdoor, Apple, Coinbase, and major retailers.
