Micron Technology (MU) surges 4.2% premarket after announcing a second Taiwan facility to expand advanced DRAM and HBM capacity for AI-driven demand. Foxconn (FXCOF) reported Q4 net profit down 2% YoY, missing estimates, but maintains 'strong growth' guidance for both Q1 and full year revenue.
HP (HPQ) shares dropped 6% after issuing a weak forecast and announcing up to 6,000 job cuts despite beating quarterly earnings estimates. The Trump administration secured a 71% Medicare discount on Ozempic and Wegovy (NVO), expected to save taxpayers $12 billion starting in 2027.