Synopsys stock rises after CES automotive push as AI trade returns to tech

Synopsys, Inc. shares rose in after-hours trading on Wednesday, tracking a renewed bid for AI-linked technology names and fresh attention on the chip-design software maker’s automotive pitch at CES. Synopsys was up 2.2% at $519.70, after trading between $506.13 and $521.43 during the session; rival Cadence Design Systems gained 1.8%.

AI Stocks Soar as Nvidia Hits $4T, Apple Feels the Heat, and Musk Doubles Down – Daily Roundup

AI Stocks Soar as Nvidia Hits $4T, Apple Feels the Heat, and Musk Doubles Down – Daily Roundup

Wall Street kicked off the week on a strong note, with tech-heavy indexes hitting fresh highs amid the artificial intelligence frenzy. The Nasdaq Composite notched its seventh record close since late June Reuters, edging up +0.27% on Monday. An index of the “Magnificent 7” mega-cap tech stocks – Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla – has rallied nearly 40% from its April lows Advisorperspectives. This surge has been powered by AI optimism, as investors pour into leaders like Nvidia, Meta, and Microsoft Advisorperspectives.