Amazon, Meritage Homes rise; Kohl’s, Big Lots fall

NEW YORK (AP) — Stocks that moved heavily or traded substantially Tuesday:

Advance Auto Parts Inc., up $1.85 to $162.85.

The auto parts retailer handily beat analysts’ second-quarter profit forecasts thanks to surging sales.

Kohl’s Corp., down $3.44 to $20.01.

The department store operator expects the pandemic to continue to hurt its business.

Oracle Corp., up $1.19 to $55.18.

The software company is reportedly interested in buying TikTok’s U.S. business.

Big Lots Inc., down $2.11 to $48.12.

Apollo Global Management pulled out of talks to buy the discount retailer last week, according to media reports.

Amazon.com Inc., up $130.08 to $3,312.49.

The internet retail giant will hire 3,500 new tech and corporate staff across six cities.

Meritage Homes Corp., up 65 cents to $103.54.

Home builders bounced back from the coronavirus slump as construction of new homes surged in July.

Hess Corp., down $2.45 to $50.02.

The price of oil slumped, dragging down energy companies.

Nvidia Corp., down $3.05 to $490.43.

Chipmakers face potential sales losses as the U.S. blocks suppliers from producing components for China’s Huawei.

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