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 Newspress
02/09

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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