- Alibaba shares rose after the company introduced what it calls China's most powerful AI chip and announced plans to expand data center capacity.
- ON Holdings expects high-teens sales growth over the next few years as it moves into sports including golf and football.
- Viking Therapeutics shares surged after its experimental obesity drug VK2735 maintained up to 97% of weight loss in a maintenance study, versus 61% for placebo with every-other-week dosing.
Quotes
“stellar”