KB Home shares jump after results, Nvidia looks to rally, and other movers

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KB Home shares are up 9% after results released late Monday were well-received. The Los Angeles-based home builder’s CEO said it would take a long time to rebuild properties devastated by the city’s fires.

Nvidia shares are gaining nearly 2% as buyers return. The AI-chipmaker’s stock traded above $153 a week ago but suffered badly during the latest selloff to change hands below $130 on Monday.

ServiceTitan shares are down 3% after the cloud-based software platform for trade businesses reported a third-quarter loss of $46.1 million, or $1.74 a share, in its three months ended Oct. 31.

Shares of MicroStrategy, the bitcoin accumulator, are up more than 3% as the price of bitcoin moves back above $96,000.

Palantir Technologies shares, which traded above $84 on Christmas Eve, but which fell below $64 on Monday, are rallying nearly 3%. However, analysts at Jefferies this week maintained an underweight rating on the software group with a price target of $28.