By Liz Moyer
Investing.com -- Stocks were rising on Tuesday as investors awaited the latest inflation data and how the reading, due Thursday, could influence the Fed's next decision on interest rates. Here are the midday movers for Jan. 10.
Broadcom Inc (NASDAQ:AVGO) shares were down 3% after a report that Apple (NASDAQ:AAPL) was working on developing its own chips for WiFi and Bluetooth uses. Shares of iPhone maker Apple were down 0.5%.
Oak Street Health Inc (NYSE:OSH) stock rose 28% on a report that CVS Health Corp (NYSE:CVS) was exploring a deal to buy the provider of primary care services for Medicare patients, in a deal worth a possible $10 billion.
Virgin Orbit Holdings Inc (NASDAQ:VORB) shares fell 11% after it's first space launch in the U.K. failed to reach the orbit it needed after malfunctioning during the mission. It had a payload of nine satellites.
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