24H|Broadcom Slumped over 6% in Overnight Trading; UiPath Jumped 10%; Nvidia Fell 1%

Tiger Newspress09-06

Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, fell over 6% in overnight trading after delivering a disappointing sales forecast, hurt by the portion of its business that isn’t tied to artificial intelligence.

Software platform UiPath Inc. rode a wave of enthusiasm for all things AI and automation, beating Wall Street's expectations for its fiscal second quarter and sending its stock more than 10% higher in overnight trading.

Nvidia fell 1% in overnight trading. The stock has had a tough week, including a 9.5% decline Tuesday that wiped out a $279 billion in market value, the largest one-day market cap loss for any U.S. company on record. It was announced Wednesday that Nvidia would be investing in Sakana AI and partnering with the artificial-intelligence research company to spur AI development in Japan.

TOP10 gainers in overnight trading:

TOP10 decliners in overnight trading:

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Comments

  • MeHu
    09-06
    MeHu
    OMG! 
  • ZawMoe
    09-06
    ZawMoe
    Why market keep drop?
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