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Nvidia has found success in China by selling automotive chips to the country’s electric car companies, but the U.S. semiconductor giant has been restricted from sending some products to China. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. 22 hours ago Monolithic Power Systems
The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters Check out the companies making headlines after hours. Nvidia — Nvidia shares surged 19% in extended trading. The chipmaker gave stronger-than-expected revenue guidance for the fiscal second quarter, while also reporting beats on
Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. 21 hours ago Palo Alto Networks – The cybersecurity company saw its shares jump nearly 8%. The action came a day after Palo Alto Networks posted a better-than-expected
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Check out the companies making headlines in premarket trading Wednesday Moderna — The biotech company added 2.4% amid renewed Covid-19 concern in China after an uptick in infections. V.F. Corporation — Shares in the clothing
Construction workers build a Toll Brothers home in Boca Raton, Florida. Joe Raedle | Getty Images Check out the companies making headlines in extended trading. Palo Alto Networks — Shares gained 3.5% after the company’s fiscal third-quarter earnings and revenue topped estimates. The cybersecurity company posted adjusted earnings of $1.10 per share and revenue of
Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making headlines before the bell: Yelp — Yelp shares surged 11.4% in premarket trading. Activist investor TCS Capital Management confirmed reports that it’s built
Check out the companies making headlines in extended trading. 33 minutes ago Boot Barn Holdings — Shares of the cowboy boot company tumbled almost 16% after revenue fell short of analysts’ expectations for the fiscal fourth quarter. Boot Barn reported earnings of $1.51 per share, excluding items on revenue of $425.7 million. Meanwhile, analysts polled
Horizon Therapeutics global headquarters in Dublin, Ireland. Nurphoto | Nurphoto | Getty Images Check out the companies making the biggest moves midday: Horizon Therapeutics — Shares of the biotech firm fell more than 15% after the Federal Trade Commission sued to block the company’s acquisition by biopharmaceutical giant Amgen. The deal, worth $27.8 billion, was