From Yahoo Finance: 2025-05-08 10:13:00

Stocks like Nvidia and Advanced Micro Devices saw gains after reports of the Trump administration planning to repeal export restrictions on AI chips. Arm shares tumbled 8% due to weak revenue forecast and US-China trade war concerns. AppLovin stock surged 13% after selling its mobile gaming business for $400 million. Shopify shares dropped 8% on disappointing revenue forecast. Warner Bros. Discovery missed revenue estimates, with a 10% decline in revenue.



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