Midday movers: Nvidia, Microsoft, Netflix, Domino’s and more

Investing.com — U.S. were rising after a better-than-expected inflation report for June and ahead of the release of the , the latest periodic survey of the 12 district banks.

Here are some of the biggest U.S. stock movers today:

• Nvidia (NASDAQ:) stock rose 2.6% after the Financial Times reported that U.K.-based chip designer Arm is in negotiations with the U.S. chipmaker for it to be an anchor investor in Arm’s planned initial public offering.

• Illumina (NASDAQ:) stock rose 2.8% after EU regulators hit the genetic sequencing equipment maker with a record €432 million (€1 = $1.1023) fine for closing its acquisition of cancer test developer Grail without first securing regulatory approval.

• Netflix (NASDAQ:) stock rose 0.5% after UBS lifted its price target on the streaming giant by 35%, keeping a ‘buy’ rating, citing the recently announced restrictions on account sharing.

• Microsoft (NASDAQ:) stock rose 1.5% after a federal court judge rejected U.S. antitrust concerns over the tech giant’s proposed megamerger with video game maker Activision Blizzard (NASDAQ:).

• Amazon (NASDAQ:) stock rose 0.9% on the second day of the e-commerce giant’s 48-hour shopping event, known as Prime Day, which attempts to draw in U.S. customers with deep discounts.

• Broadcom (NASDAQ:) stock rose 0.6% after the chipmaker secured EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware (NYSE:), up 1.7%.

• Domino’s (NYSE:) stock rose 11% after the pizza firm announced a new agreement with Uber (NYSE:), up 0.9%, that will allow customers to order Domino’s products through the food delivery company’s apps.

—Peter Nurse contributed to this report