老虎社区 08-05
Nvidia, Apple, Berkshire Hathaway, Intel, Coinbase, Palantir, and More
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US stock futures were selling off Monday and global stocks slumped — Japan ’ s Nikkei Stock Average plunged 12.4% on Monday — after equities tumbled Friday on worries over U.S. economic growth following a weaker-than-expected jobs report. The Nasdaq Composite closed Friday in correction territory.

These stocks were poised to make moves Monday:

Nvidia - Nvidia was down 9.2% in premarket trading, swept up in the worldwide selloff of tech shares and after a report over the weekend that said one of the company ’ s next generation chips will be delayed by a just-discovered design flaw. The Information, citing industry sources, said volume shipments of the Blackwell B200 chip, the next-generation of Nvidia ’ s artificial-intelligence acceleration chips, would be delayed about three months. Blackwell volumes were expected to begin in October.

Fellow chip stocks were tumbling amid the selloff. U.S.-listed shares of TSMC fell 7.3%, Broadcom was down 7.7%, and Qualcomm dropped 4.3%.

Sumitomo Mitsui - Japanese stocks traded in the U.S. fell sharply. Sumitomo Mitsui Financial Group, for example, was down 6.2%, after tumbling 16% in Tokyo.

Berkshire Hathaway, Apple - Berkshire Hathaway ’ s Class B shares were down 3.9% after Warren Buffett ’ s conglomerate disclosed in its 10-Q report that it slashed its big stake in   Apple by nearly 50% in the second quarter. Berkshire now holds about 2.6% of   the iPhone maker and the stake was worth about $88 billion based on Apple ’ s closing price Friday of $219.86. Berkshire Hathaway also said its after-tax operating profit rose 15% in the second quarter to $11.6 billion, a quarterly record, and its total cash levels surged to a record $277 billion on June 30, up from $189 billion on March 31, largely reflecting sales of Apple. Apple stock was sinking 7.9% in premarket trading.

Intel - Intel stock closed Friday with a loss of 26%, its worst drop in 50 years, after the chip maker said it would be cutting 15,000 jobs, would suspend its dividend, and issued a disappointing outlook. Intel said it expects third-quarter revenue of $12.5 billion to $13.5 billion, well below analysts ’ estimates of $14.4 billion. The midpoint of the forecast implies an 8% decline in revenue from a year earlier. Intel stock was falling further in premarket trading, down 3.6%.

AMC Entertainment - AMC Entertainment was down 7.9% in premarket trading after the movie-theater chain late Friday reported an adjusted second-quarter loss and revenue of $1.03 billion that matched estimates. "As expected, the second quarter started slowly with the box office adversely impacted by the 2023 Hollywood writers and actors strikes," said AMC CEO Adam Aron. "However, the quarter finished with incredible strength powered by the success of   Disney ’ s Inside Out 2, which is now the highest grossing animated movie of all time."

Amazon - Amazon.com fell 3% in premarket trading. Shares of the tech giant and online retailer fell 8.8% on Friday after Amazon ’ s second-quarter revenue growth missed Wall Street expectations. The drop was the stock ’ s largest daily percentage decrease since April 29, 2022, when it fell 14.05%, according to Dow Jones Market Data.

Palantir - Palantir was down 8.8% ahead of its second-quarter earnings report scheduled for after the closing bell Monday.

Kellanova - Candy giant Mars Inc. is in advanced talks to acquire snack-maker Kellanova, according to people familiar with the matter.   A deal could come together imminently, assuming the talks don ’ t fall apart, the people said.   Kellanova shares gained 5.8% in premarket trading Monday.

Crypto Stocks - Bitcoin and ether plunged on Monday to multi-month lows as worries over a possible U.S. recession in the wake of soft data gripped financial markets and triggered a rush to safe-haven assets. Crypto stocks crashed in premarket trading Monday. Marathon Digital and CleanSpark fell 15%; MicroStrategy fell 13%; Coinbase and Riot Platforms fell 12%.

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