Check out the companies making headlines in midday trading:

Chip equipment stocks: Global chip equipment stocks rose on news that the Biden administration is considering new sanctions on sales of semiconductor equipment and AI memory chips to China, which could be less strict than the previous proposals. Shares of American companies Applied Materials
and KLA Corporation
each gained about 2%, while Lam Research
jumped 3.2% after the Bloomberg report. Dutch equipment manufacturer ASML
rose approximately 2.4%.

Robinhood: The brokerage firm ended down 0.3%, giving back earlier gains after the US Securities and Exchange Commission approved the creation of a 24-hour stock exchange by startup 24 Exchange, paving the way for 24-hour trading. Robinhood jumped 66% in November to a record high as investors flocked to the company, which is seen as a big beneficiary of the incoming Trump administration’s deregulation plans.

Advanced Auto Parts
Shares fell 7% after credit rating agency Moody’s Ratings downgraded the auto parts company’s senior unsecured debt to Ba1, below investment grade, according to FactSet. “The downgrade reflects our expectation of very high lease-adjusted leverage, weak interest coverage and negative free cash flow over the next 12 to 18 months,” Moody’s said.

Hasbro
Shares rose 2% after Elon Musk raised the possibility of acquiring the toy maker to secure the rights to Dungeons & Dragons.

Retail Stocks: Major retail stocks rose slightly as Black Friday shopping accelerated across the United States.
rose 1.7% and wholesale retailer Costco
advanced 1.1%. Meanwhile, Walmart
, the country’s largest retailer, gained 0.7%, hitting an all-time high.

Zeta Global Holdings
Marketing software shares rose 5.5% after the company’s CEO called a recent short-seller report on CNBC’s “Closing Bell” Wednesday “wrong.” The stock is still down more than 20% this month.

Crypto Stocks: Stocks linked to the price of bitcoin rose as the cryptocurrency approached the $100,000 milestone. Microstrategy
, which employs an aggressive bitcoin buying strategy, fell 0.4%, giving up earlier gains. Mara Holdings
, a bitcoin miner and another buyer of the cryptocurrency, jumped nearly 2%. Coinbase
fell 5%.

CNBC’s Yun Li, Jesse Pound, Hakyung Kim, Sarah Min, Sean Conlon, Pia Singh and Tanaya Macheel contributed reporting.