U.S. stock night trading volatility: Record earnings and strong buy ratings boost Credo Tech's stock price up 4.19% in after-hours trading

U.S. Stock Night Market Movements Credo Tech rose 4.19% in the night market. Based on recent key news: On December 19, Credo Technology's stock price increased by 3.3%, closing at $138.57. The company reported record performance in its second-quarter earnings, with revenue growing 272% year-over-year, which drove the stock price up. Source: MarketBeat On December 20, Credo Technology was rated Zacks #1 Rank (Strong Buy), with expected earnings growth of 280% for the current fiscal year. This rating boosted market confidence in the company, further driving the stock price up. Source: Zacks On December 19, despite Credo Technology receiving a buy rating, top analysts believe there are five other stocks that are more worthy of investment. This indicates a divergence in market views on the stock, which may affect its future performance. Source: MarketBeatAI data connection demand is growing, and the industry outlook is optimistic. Stocks with High Trading Volume in the Industry NVIDIA rose 0.93% in the night market. Based on recent news: On December 20, the U.S. Federal Trade Commission approved NVIDIA's investment deal with Intel. This move is seen as significant support for the domestic semiconductor industry, and the market reacted positively, driving NVIDIA's stock price up. Source: Jin10 Data On December 19, Bernstein analysts pointed out that NVIDIA's valuation relative to the Philadelphia Semiconductor Index is at a historical low, with high return potential. Analysts gave NVIDIA an "Outperform" rating, with a target price of $275. Source: Zhitong Finance On December 19, NVIDIA announced the full launch of its RTX PRO 5000 72GB Blackwell GPU, meeting the demand for large memory capacity from professional users, further enhancing market confidence in its products. Source: Zhitong Finance The semiconductor industry has performed strongly recently, with continued growth in AI investment. Micron Technology rose 3.84% in the night market. Based on recent key news: On December 19, Micron Technology reported strong performance, with revenue growing 56.7% year-over-year and operating profit soaring 168.1%. Several major banks raised their target prices, with Morgan Stanley increasing its target price to $350, driving the stock price up. Source: Zhitong Finance On December 19, Morgan Stanley analysts stated that Micron's earnings guidance reflects the potential for the "best" revenue upside in the history of the U.S. semiconductor industry, with net profit guidance exceeding market expectations by 75%, further boosting the stock price. Source: Wall Street Insight On December 20, Micron's data center business revenue grew by 55.1%, reaching $7.66 billion, and the market holds an optimistic view of its prosperous period in the next one to two years, driving the stock price up. Source: CaiLianShe The semiconductor industry demand is strong, driven by AI growth Broadcom rose 1.89% in after-hours trading. Based on recent key news: On December 20, the pullback of Broadcom and other momentum stocks raised concerns in the market about AI investments. Nomura strategists pointed out that year-end pullbacks are a normal phenomenon, and investors are more cautious in their assessments of AI. The S&P 500 index fluctuated within a range of 180 points, indicating that the market is still searching for new opportunities during the adjustment. Source: Zhitong Finance On December 20, Wall Street faced a wave of sell-offs in AI stocks, leading to a significant drop of 1.9% in the Nasdaq index. Oracle's stock plummeted to a six-month low due to concerns about customer payment capabilities, reflecting the market's weak confidence in AI stocks and continued capital outflows. Source: Wall Street Insight On December 20, Morgan Stanley noted that the expected decline in Broadcom's gross margin reflects the passive position of hardware manufacturers in the AI ecosystem. High leverage and high valuations have turned popular AI stocks into cash cows, leading to a collective flight of capital. Source: Jinshi Data AI investment confidence fluctuates, and the market seeks opportunities during adjustments