Nvidia, Vertex Pharmaceuticals And More On CNBC’s ‘Final Trades’
Complete. Here is the key summaryCNBC's 'Halftime Report Final Trades' featured stock picks from Bryn Talkington (Roundhill Memory ETF), Jim Lebenthal (Vertex Pharmaceuticals, citing its $10B acquisition of Crinetics), Liz Young Thomas (Vanguard Real Estate ETF), and Joseph M. Terranova (Nvidia). Nvidia rose 3.7% on reports China may allow limited H200 chip sales to top AI firms. Vertex fell 4.6%, while the Roundhill ETF gained 2.4% and the Vanguard ETF dropped 1.6%.
On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, named Roundhill Memory ETF (NASDAQ:DRAM) as her final trade.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, picked Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) after the company agreed to acquire Crinetics Pharmaceuticals (NASDAQ:CRNX).
On Monday, Crinetics and Vertex entered into a definitive agreement under which Vertex will acquire Crinetics for $85 per share in cash, representing a total equity value of approximately $10 billion.
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Liz Young Thomas, SoFi’s head of investment strategy, recommended Vanguard Real Estate Index Fund ETF Shares (NYSE:VNQ).
Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked NVIDIA Corporation (NASDAQ:NVDA).
Nvidia shares gained Wednesday following reports suggesting China will let the top AI firms buy a limited amount of Nvidia H200 chips.
Chinese officials recently told Alibaba Group Holding Limited (NYSE:BABA), ByteDance and DeepSeek that they may soon receive permission to purchase some Nvidia H200 chips, the Information reported on Wednesday, citing people familiar with the matter.
Price Action
- Vertex shares fell 4.6% to close at $498.43 on Wednesday.
- Roundhill Memory ETF rose 2.4% during the session.
- Nvidia shares gained 3.7% to close at $204.12 on Wednesday.
- Vanguard Real Estate Index Fund ETF Shares fell 1.6% during the session.
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