Check out the companies making headlines in midday trading. Nvidia — Shares fell nearly 5%, as Nvidia took a breather from its winning streak. Earlier in the session, the stock notched a new 52-week high. The chipmaker has gained 7% week to date and is headed for its ninth straight winning week. Marvell Technology — The chip company sank more than 10% on light first-quarter earnings and revenue guidance. Marvell Technology said it anticipated adjusted earnings of 23 cents per share for the first quarter, below the 40 cents expected by analysts polled by LSEG. Carvana — The e-commerce car platform climbed more than 5% after RBC Capital Markets upgraded shares to sector perform from underperform, citing a reasonable valuation. Costco — The stock slipped 7% after the warehouse club reported revenue of $58.44 billion for its fiscal second quarter, below the $59.16 billion consensus estimate, per LSEG. However, earnings per share beat expectations. Eli Lilly — Shares of the pharmaceutical company fell 2% after the U.S. Food and Drug Administration postponed approving its Alzheimer’s drug known as donanemab. An independent advisory committee is expected to further review the drug. Broadcom —The chip stock came under pressure, falling nearly 7% as semiconductor names suffered a sell-off and gave back some of their 2024 gains. The decline came even after Goldman Sachs reiterated its buy rating on Broadcom, saying investors should buy the dip. Textron — Textron rose 2% after Bank of America upgraded the aircraft manufacturer to a buy rating, citing its strong revenue growth outlook. MongoDB — The database software company fell more than 6% after issuing lighter-than-expected guidance for the first quarter and full year. Despite the disappointing guidance, MongoDB topped estimates in its latest quarter, posting adjusted earnings of 86 cents per share on revenue of $458 million. Gap — Gap rallied nearly 4% on strong holiday-quarter results . The retailer…
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