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 after hours: ON Semiconductor, Upwork, Chegg and more
Check out the companies making headlines after hours. ON Semiconductor — The semiconductor supplier dropped nearly 6% after posting fourth-quarter revenue of $1.53 billion, missing the LSEG consensus estimate of $1.54 billion. On the other hand, earnings of 64 cents per share, on an adjusted basis, topped the forecasted 62 cents per share. Upwork — […]
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Finance
Stocks making the biggest moves midday: Oracle, Cleveland-Cliffs, Nexstar, Workday, Hims & Hers
Check out some of the companies making the biggest moves midday: Kyndryl Holdings — The IT infrastructure services provider spun out from IBM tumbled 55% after Kyndryl disclosed in a regulatory filing that its audit committee is reviewing the company’s cash management practices. It also reported CFO David Wyshner and General Counsel Edward Sebold have […]
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Finance
Stocks making the biggest moves premarket: Oracle, Novo Nordisk, Hims & Hers Health, Kroger and more
Check out the companies making headlines before the bell. Oracle — Shares rose 2% after the technology firm received an upgrade to buy from neutral from DA Davidson. ” We believe that a revamped OpenAI will return to its position as Google’s top challenger and with a fresh stack of capital be able to live […]
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