24H | Big Techs Mostly Jump With Palantir, Oracle up Around 2%; Chip Shares Gain With Marvell, SOXL, SanDisk up over 2%; Novo Rallies 5%

Tiger Newspress09:45

Big tech stocks mostly jumped in overnight trading. Palantir, Oracle up around 2%; AMD, Super Micro, Amazon, Microsoft up over 1%.

Chip stocks, ETFs rallied in overnight trading. Credo up 4%; Marvell, SOXL, SanDisk, Western Digital up over 2%.

Novo stock jumped about 5% in overnight trading as its rival Hims & Hers on Saturday reversed course on its launch of a $49 compounded version of Novo Nordisk's Wegovy weight-loss pill after the U.S. Food and Drug Administration said it would take action against it. Hims & Hers shares sank 14% in overnight trading.

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Credo up 4%; Marvell, SOXL, SanDisk, Western Digital up over 2%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/76b17a414235a100c38a70f742637fa2\" title=\"\" tg-width=\"1029\" tg-height=\"477\"/></p><p><strong><a href=\"https://laohu8.com/S/NVO\">Novo</a></strong> stock jumped about 5% in overnight trading as its rival <strong><a href=\"https://laohu8.com/S/HIMS\">Hims &amp; Hers</a></strong> on Saturday reversed course on its launch of a $49 compounded version of Novo Nordisk&#39;s Wegovy weight-loss pill after the U.S. Food and Drug Administration said it would take action against it. 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