24H｜Intel Stock Soars 6%; Palo Alto Networks up 5%; APLD Jumps 2% After Soaring 16% on Monday
Intel jumped 5% in overnight trading.
SoftBank Group signed an agreement to make a $2 billion investment in American chipmaker Intel, the two companies said in a joint statement on Monday.
As per the agreement, the Japanese company said it will pay $23 per share in Intel common stock.
Palo Alto Networks forecast fiscal 2026 revenue and profit above analysts' estimates on Monday, betting on growing demand for its artificial intelligence-powered cybersecurity solutions, sending its shares up 5% in overnight trading.
The company has been benefiting from an AI-driven upgrade cycle as enterprises accelerate their cloud adoption and modernize security operations amid rising data breach incidents.
APPLIED DIGITAL CORP rose 2% in overnight trading after soaring 16% in previous trading day.
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