Nvidia (NVDA) remains on fire up 2% thanks to an upgrade, surpassing Microsoft for largest US company by market cap. Loop Capital upgraded Nvidia with a $250 price target as demand remains stronger than their previous high-end estimates. The market cap of $3.7 trillion surpassed Microsoft today. Longer term, Loop Capital suggests the stock and company could be worth $6 trillion.

Profit-taking in Paychex (PAYX). The HR software firm is down 8% after inline earnings that missed sales estimates. Guidance for the pull year was mixed as earnings were higher than expected, but sales guidance was less than expected. High interest rates and a volatile macro economy have pressured growth at human capital management firms such as Paychex that depend on small and midsize businesses.

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