Key Points
- Chip and tech stocks across Asia opened sharply lower Wednesday morning, following a steep plunge in Nvidia’s share price in the U.S. overnight.
Asian chip stocks fall after Nvidia sell-off on Wall Street overnight
Finance
Stocks making the biggest moves premarket: Cisco, QuantumScape, Rollins, Fastly and more
Check out the companies making the biggest moves in premarket trading: Restaurant Brands — Shares gained 1.3% following the Burger King parent’s beat on the top and bottom lines . Restaurant Brands reported fourth-quarter earnings of 96 cents per share, 1 cent higher than expected, per LSEG. Revenue came in at $2.47 billion, beating the […]
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Finance
Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales
AI Age Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales Published Thu, Feb 12 20268:00 AM EST Ari Levy@levynews Jordan Novet@in/jordannovet/ WATCH LIVE Source
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Finance
Stocks making the biggest moves after hours: Cisco Systems, McDonald’s, AppLovin and more
Check out the companies making headlines after hours. Cisco Systems — The maker of networking hardware such as switches and routers dropped about 7% after posting non-GAAP gross margin of 67.5%, a little below the 68.1% estimate, according to LSEG. Otherwise, Cisco posted second-quarter results that exceeded estimates on the top and bottom lines. The […]
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