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Stocks making the biggest moves premarket: SNDK, ON, RKL

Check out the companies making the biggest moves premarket: On Semiconductor , Synaptics — The stocks diverged in opposite directions after On Semiconductor announced an all-stock deal to acquire Synpatics. At nearly $7 billion, it’s On’s largest acquisition ever and will increase the company’s total addressable market by $30 billion, it estimated. Shares of On...
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SpaceX investors grapple with volatility amid big swings

This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Rollercoaster. That’s probably the most accurate word to describe SpaceX’s opening two weeks as a public company.  The stock surged for several successive days following a record-breaking IPO, briefly overtaking both Amazon and Microsoft in terms of market...
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Micron falls 5% in premarket, paring earlier gains amid tech rout

Samuel Boivin | Nurphoto | Getty Images Micron Technology’s shares tumbled on Friday, paring gains from earlier in the week after reporting blowout earnings. The memory chipmaker declined nearly 5% in premarket trading as other U.S. semiconductor firms also struggled. Intel was last down just over 3%, Sandisk fell 5%, Arm shed 4%, and Marvell declined 3.7%. Investors remain wary of the...
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Micron overtakes Meta in market value as AI boom fuels rally

Micron Technology’s market value surged past that of Meta Platforms and ahead of Tesla on Thursday, as investors responded positively to the company’s latest outlook and growing exposure to the artificial intelligence sector. The memory chipmaker’s shares skyrocketed 18.4% to $1,236, lifting its market capitalisation to $1.398 trillion, placing it aboveMeta, which was valued at...
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