Search





Search





NewsStocks

Premarket Movers | Qorvo Soars 10%; Celestica Jumps 9%; NXPI Gains 2%; Rambus Drops 19%; Galaxy Digital Plunges 8%

TigerOct 28, 2025 8:03 AM

View all comments（0）



Qorvo rose 10% in premarket trading.

Skyworks Solutions, which supplies radio frequency chips to Apple and other smartphone makers, held talks in recent months to buy rival Qorvo, The Information reported on Tuesday, citing people familiar with the matter.

Qorvo, which has a market cap of $8.54 billion according to LSEG data, closed at $92.13 on the Nasdaq on Monday.

Shares of Galaxy Digital Holdings Ltd. plunged 8% in premarket trading after the company’s operating partnership announced a $1 billion sale of exchangeable bonds.

Galaxy Digital Holdings LP is offering the 5.5-year bonds, which are exchangeable into common shares of Galaxy Digital, with a coupon of 0.5% to 1%, according to people familiar with the matter. The digital asset firm’s shares are traded in New York and Toronto.

Rambus fell 19% in premarket trading after the company reported Q3 diluted earnings late Monday of $0.44 per share, down from $0.45 a year earlier. Analysts polled by FactSet expected $0.51.

Revenue for the quarter ended Sept. 30 was $178.5 million, up from $145.5 million a year earlier. Analysts polled by FactSet expected $176 million.

Celestica surged 9% in premarket trading following the release of its third-quarter financial results that benefited from continued demand related to data center infrastructure.

For the quarter ended September 30, the company reported adjusted earnings per share of $1.58, which was more than the consensus estimate of $1.49. Its GAAP EPS was $1.05 compared to the consensus of $1.38.

NXP Semiconductors NV rose 2% in premarket trading.

NXP Semiconductors forecast fourth-quarter revenue above Wall Street estimates on Monday, as it recovers from sluggish demand and sees a rebound in the automotive segment.

Universal Health beat Wall Street estimates for third-quarter profit on Monday, driven by steady demand for medical care services at its hospitals, sending its shares surging 5% in premarket trading.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

US Stocks Mixed as Dow Drops 160 Points; Tech Stocks Lead, Meta Rises 4.5%

The top leaders of China and the U.S. met in the United States, alongside reports that U.S.-Iran negotiations were seeking to reopen the Strait of Hormuz. U.S. stocks recovered part of their losses, with technology stocks leading the gains. At the close, the Dow Jones Industrial Average fell 0.31% to 51,349.98; the Nasdaq Composite Index rose 0.01% to 26,939.37; and the S&P 500 Index dipped 0.02% to 7,704.13.

Meta Stock Forecast: Muse Monetization Path Is Key as JPMorgan Raises Price Target to $920; Can Stock Hit Record High?

On September 24, Eastern Time, Meta Platforms (META) reached an intraday price of $777.89, hitting a nearly one-year high. Following the Meta Connect event, JPMorgan raised its price target on the company from $820 to $920 while maintaining an Overweight rating. The core reason is that the monetization path for Muse is becoming increasingly clear, leaving the bank more optimistic about Meta's growth potential beyond advertising.

Oracle Tumbles 7% as Project Jupiter Data Center Force Majeure Notice Sparks Delay Concerns

On September 24, Oracle (ORCL) fell as much as 5% in pre-market trading and dropped over 7% after the market opened. Sparking market concerns was a force majeure notice issued by the company regarding Project Jupiter, a large-scale data center in New Mexico. Investors' focus is shifting from massive AI orders to delivery timelines and capital recovery. According to Bloomberg, Oracle has sent a formal notice to developer Stack Infrastructure, seeking to delay payments if the project fails to become operational as planned in 2028. This move does not imply exiting its position as the primary tenant, nor does it mean a payment waiver has been granted. Oracle maintained that the project is proceeding according to schedule, but did not specifically address the notice itself.

Meta Connect 2026 New Product Roundup: Muse Integrated Into AI Glasses, Can It Drive Meta Revenue Growth?

TradingKey - At the Connect 2026 conference held from September 23 to 24, Meta (META) unveiled the Ray-Ban Meta Audio, third-generation Ray-Ban Meta, and Meta VR Glasses, while upgrading the Meta Ray-Ban Display. The company also announced the integration of its personal AI agent, Muse, into its AI glasses, expanding its product scope from mobile phones and social apps to wearable devices.

The Week Ahead: US-China Summit in Washington, Costco Earnings and Fed Rate Path in Focus

TradingKey - During the week of September 21 to 25, Eastern Time, the US stock market will focus on the meeting between Chinese and US leaders, the Federal Reserve's policy outlook, and economic data such as US new home sales and durable goods orders.

Featured Tools