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 Beige Book, the latest periodic survey of the 12 district banks.

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

• Nvidia (NASDAQ:NVDA) 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:ILMN) 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:NFLX) 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:MSFT) 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:ATVI).

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

• Domino’s (NYSE:DPZ) stock rose 11% after the pizza firm announced a new agreement with Uber (NYSE:UBER), 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