U.S. Stock Movement | Synopsys rebounds nearly 10% after yesterday's plunge of 35%
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After a sharp drop of 35% at Wednesday's close, on Thursday, Synopsys rebounded nearly 10%, closing at $425.49. On the news front, Oracle's financial report released on September 10 showed significant growth in its AI business, with unfulfilled performance obligations reaching $455 billion, a year-on-year increase of 359%, driving up AI-related concept stocks overall. Synopsys is a global leader in EDA and semiconductor IP, with business covering the field of chip design automation. Morgan Stanley maintains a "Buy" rating on Synopsys, despite a target price downgrade, reflecting the institution's long-term confidence
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