Welcome to Extreme Investor Network, where we bring you the latest updates on the companies making headlines in the world of finance. Today, we dive into some key movements in the market that you need to know about.
Nvidia, the AI chipmaker, saw a 2% dip in shares following a 3.5% loss the previous day. This comes after briefly surpassing Microsoft as the most valuable public company. Meanwhile, Sarepta Therapeutics experienced a 37% surge after the FDA granted approval for expanded use of its gene therapy for Duchenne muscular dystrophy patients.
In the world of athletic apparel, Nike saw a 1% increase after receiving an upgrade to outperform from Oppenheimer. Asana, the software firm, announced a $150 million share buyback plan, leading to a more than 3% increase in shares. Gilead Sciences also saw a rise of more than 2.6% after a successful late-stage trial for an HIV-prevention shot.
On the flip side, LendingTree faced challenges with hackers auctioning off stolen data following a cyberattack. Apple, however, saw a stock tick up after a price increase from Bernstein, which highlighted the potential for the company to lead the artificial intelligence boom.
Lastly, Delta Air Lines announced a 50% increase in quarterly dividend, resulting in a 0.7% rise in stock. These developments give insight into the ever-evolving landscape of the finance world and provide valuable opportunities for investors to track and potentially capitalize on.
Stay tuned to Extreme Investor Network for more updates and analyses on the dynamic world of finance and investing. Our expert insights and unique perspectives will keep you ahead of the curve and well-informed on the latest market trends.