The article discusses the biggest stock movements in the premarket, highlighting companies like Vistra, Onestream, and Microchip Technology, among others, as they experience notable trading activity.
Microchip Technology Inc. announced it will close its Tempe, Arizona plant, impacting approximately 500 employees. The company also revised its financial outlook for the December quarter to the lower end of its initial forecast of around $1.03 billion, citing slower-than-expected orders.
Mishka, a dog missing for nine months from California, was found in Michigan, over 2,000 miles away. The terrier mix was discovered by a resident and reunited with her owners, who had traveled to Minnesota when they received the news. The family drove 10 hours to Michigan to bring Mishka back home to San Diego. Veterinarians found her in good health, and the family expressed gratitude for her safe return, calling it a "100% miracle."
Chinese scientists from the Shenzhen Institute of Advanced Technology have developed a method to slow down light on a microchip by over 10,000 times, improving the performance of photonic chips used in light sensing, communications, and computing. By reducing energy loss and utilizing materials with low absorption, the team was able to manipulate the speed of light, enhancing the interaction distance for light and potentially reducing manufacturing costs for photonic chips.