Moderna, JFrog, TransMedics, Ubiquiti And Other Big Stocks Moving Higher On Friday
U.S. stocks rose, Nasdaq gained ~400 points. Moderna jumped 9.1% on strong Q3 results and higher FY26 guidance; other stocks rallied on results and deals.
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Arm Holdings (ARM) stock surged over 11% on Tuesday after analysts highlighted 100%+ year-over-year data center royalty growth and strong AI chip demand.
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U.S. stocks rose, Nasdaq gained ~400 points. Moderna jumped 9.1% on strong Q3 results and higher FY26 guidance; other stocks rallied on results and deals.
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Chip stocks rebound in Friday’s premarket, led by SanDisk, Micron and AMD, recovering only part of Thursday’s losses amid AI sector fears.
Nvidia stock has declined 15% since early October amid concerns about AI infrastructure spending ROI and competitive pressures, but the article argues it remains a buy at current valuations. With Q3 earnings due Nov. 17, the AI chip maker is trading at 25x earnings despite generating massive revenue growth (106% YoY) and benefiting from expected $1.3 trillion hyperscaler spending in 2027.
AMD's sales and profits are soaring following a spectacular investor update. The stock has surged 170% in 2026, though some analysts suggest waiting for a lower entry price despite the strong performance and growing AI revenue.