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Premarket Movers: Synaptics, Nvidia, Chinese Stocks, Crypto and More

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BUSINESS News

TECHNOLOGY,CHINA,CRYPTOCURRENCY

A look at the companies making headlines in premarket trading, including Synaptics' Google partnership, Nvidia's strong start to the year, and the performance of Chinese stocks and crypto-related companies.

Synaptics surged 5.9% after announcing a partnership with Google on Edge AI. Nvidia rose 1.7% as Loop Capital called it a 'nirvana' moment. Chinese stocks, tracked by the iShares MSCI China ETF (MCHI), fell 1.4% following a disappointing purchasing managers' index. Crypto stocks climbed as bitcoin surpassed $96,000. Uber and Norwegian Cruise Line gained after Goldman Sachs added them to its conviction buy list. Topgolf Callaway Brands jumped 8.5% on a Jefferies upgrade. Cloudflare soared 5.

6% after Goldman Sachs doubled its rating to buy. US Bancorp climbed 1.8% following a D.A. Davidson upgrade

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