Qualcomm buys Alphawave, Nvidia CEO talks AI in the UK, eVTOL stocks jump

Here are some of the trending stocks on Monday, June 9. Qualcomm (QCOM) is acquiring Alphawave Semi (AWE.L) for about $2.4 billion. Nvidia (NVDA) CEO Jensen Huang says he plans to invest in the United Kingdom, saying it’s a “Goldilocks” situation for AI. Shares of Joby Aviation (JOBY) and Archer Aviation (ACHR) are jumping after President trump signed an executive order that will help boost electric vertical take-off and landing (eVTOL) development and approval. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.