Nasdaq Opens Slightly Higher; Memory‑Related Stocks Broadly Higher, SanDisk up over 5%, SK Hynix up 4%; OABI Surges 19%
Tiger Newspress08-17
The Nasdaq opened slightly higher on Monday as growing artificial intelligence optimism among investors was measured against tensions in the Middle East.
Memory‑related stocks posted broad gains, with SanDisk rising more than 5% and SK hynix gaining 4%.
News reported that Anthropic’s second-quarter revenue was more than $11.5 billion — a massive jump from a year earlier. Micron was up more than 3%. Broadcom and Nvidia were also higher.
OmniAb, Inc. surged 19% after entering a $370‑million drug‑development deal with Eli Lilly.
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