Market Notes

Applied Materials Guides to a Blowout Quarter, But China Curbs Send the Stock Down 4%

· 3 min read · by Sarah Mitchell, Nova Ventures Research

Applied Materials beat estimates and guided to 51% revenue growth next quarter, but shares fell more than 4% after hours as the company flagged a $600 million China export-control hit. Nu Holdings jumped on a record $1.06B profit, while Eton Pharmaceuticals raised guidance and Innventure sank on a 2

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