The following video is from Tuesday's edition of Investor Beat, in which host Chris Hill and Motley Fool analysts Jason Moser and Michael Olsen dissect the hardest-hitting investing stories of the day.

National Oilwell Varco (NYSE:NOV) is up on the news that it will spin off its distribution business in 2014. Applied Materials (NASDAQ:AMAT) hits a five-year high on the announcement that it is merging with Tokyo Electron to form a $29 billion chipmaking equipment giant. Boeing (NYSE:BA) stock is on the rise despite losing out on a contract to provide 60 F-15 fighters to South Korea. And third-quarter profits for Carnival Cruise Line (NYSE:CCL) fell 30%. In this segment, Jason and Michael take a look at four stocks making moves.

Chris HillJason Moser, and Michael Olsen, CFA have no position in any stocks mentioned. The Motley Fool recommends and owns shares of National Oilwell Varco. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.