Night movers — Jul 13: Chip rout offsets Salesforce strength in mixed post-close session
Salesforce led the post-close gainers on bullish value commentary while energy names XOM and CVX also rose without supplied catalysts. Chip stocks dominated the losers after an SK Hynix rout and oil spike pressured the semiconductor group.
Idea
## Session overview Salesforce led the post-close gainers on bullish value commentary while energy names XOM and CVX also rose without supplied catalysts. Chip stocks dominated the losers after an SK Hynix rout and oil spike pressured the semiconductor group. ## Gainers - **CRM +4.84%** — Salesforce gained nearly 4.8% after a Yahoo Finance article urged investors to get into the stock before Wall Street wakes up to its real value. The piece positioned CRM as a more compelling alternative to Palantir as that name bounced back. - **XOM +4.05%** — No matching ingested catalyst was found for XOM. The move is reported without a news attribution. - **CVX +3.29%** — No matching ingested catalyst was found for CVX. The move is reported without a news attribution. - **NIO +3.14%** — Nio rose roughly 3.1% after CNBC listed it among the stocks making the biggest midday moves alongside AppLovin and SpaceX. A separate Yahoo Finance headline also asked why Nio stock jumped during the session. - **BMY +3.06%** — No matching ingested catalyst was found for BMY. The move is reported without a news attribution. ## Losers - **ORCL -6.47%** — No matching ingested catalyst was found for ORCL. The move is reported without a news attribution. - **INTC -6.12%** — Intel fell about 6.1% after Yahoo Finance reported that Intel, AMD, and Applied Materials each dropped 4% as an SK Hynix rout and oil spike hit chip stocks. The same article tied the semiconductor slide to broader sector pressure rather than company-specific news. - **LRCX -5.83%** — No matching ingested catalyst was found for LRCX. The move is reported without a news attribution. - **AMD -4.21%** — AMD declined roughly 4.2% even as a Yahoo Finance article argued the company is following Nvidia's playbook and said investors should pay attention. The stock's drop aligns with a separate report noting chip stocks were hit by an SK Hynix rout and an oil spike. - **TXN -4.14%** — No matching ingested catalyst was found for TXN. The move is reported without a news attribution.
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News sources
- AMD Is Following Nvidia’s Playbook. Here’s Why Investors Should Pay Attention. — Yahoo Finance
- Stocks making the biggest moves midday: Nio, Braiin, AppLovin, SpaceX, SK Hynix & more — CNBC Top News
- Intel, AMD, and Applied Materials Drop 4% as SK Hynix Rout and Oil Spike Hit Chip Stocks — Yahoo Finance
- Forget Palantir as It Bounces Back and Get in Salesforce Before Wall Street Wakes Up to Real Value — Yahoo Finance