24H|SanDisk Rises 3%; Dell, HP Fall 2%; Crypto Shares Gain; BMNR, Canaan up 4%; SBET, BTBT up 3%

Tiger Newspress04-14 10:05

SanDisk Corp. stock jumped 3% in overnight trading after soaring 12% in previous trading day.

Crypto shares gained in overnight trading. BMNR, Canaan up 4%; SBET, BTBT up 3%; Circle, Strategy up 2%; Coinbase up 1%.

Dell Technologies Inc. and HP Inc fell 2% in overnight trading.

Nvidia said Monday that reports of the company being in discussions to acquire a PC manufacturer are false.

The chipmaker responded to earlier reports in an emailed statement, saying it is not engaged in discussions to buy a PC maker.

“The media report is false; NVIDIA is not engaged in discussions to acquire any PC maker," a Nvidia spokesperson said in a statement to Investing.com.

Earlier SemiAccurate reported that Nvidia had been in negotiations for over a year to acquire a large company in a deal that could reshape the PC and server landscape.

Dell Technologies shares rose 6.7% Monday, while HP Inc. gained 5.3%, following the initial reports. The market response suggested investors were speculating that either Dell or HP could be potential acquisition candidates. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment