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Micron Alibaba Marvell Technology Nucor Sandisk Steel Dynamics Coinbase

Stocks to Watch: Alibaba Issues $10.2 Billion in New Shares, Marvell and Sandisk Decline, Nucor and Steel Dynamics Rise

Premarket trading saw significant movements, particularly for Alibaba, which is down 2% after announcing a $10.2 billion share issuance aimed at funding AI projects. Other notable declines were observed in the semiconductor and memory sectors, while steel manufacturers benefitted from trade tensions.