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The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”
The Nasdaq Composite led gains, up 2.8%, while the S&P 500 rose 1.7%. "Typical snap back day after an exagerated Fed Day move," Carson Group's chief strategist Ryan Detrick said, nodding to tech leading gains. Tech stocks were more than pulling their weight, leading the climb higher.
Wall Street Gains Momentum as Inflation Cools and Bond Yields Retreat
The booming demand for server CPUs and AMD's solid market share suggest that this chip designer still has multibagger potential.
Microsoft and Meta just confirmed what AI infrastructure bulls wanted to hear: Demand for compute isn't cooling off.
Big tech's massive AI infrastructure bets are lifting the entire sector -- and Nebius is riding the wave.
Rocket Lab has bounced back from yesterday's rout.
AI stocks face heightened pressure from rising oil prices and correction fears. Inverse ETFs could benefit from further weakness.
FormFactor's latest quarterly report was a winner, but that's not the only reason the stock is surging.
Investors are buying back into chip stocks, and Arm just delivered a promising quarterly report.
Ten times oversubscribed, the biggest consumer listing of the year, and still a discount to what a hungry Steve Schwarzman paid in 2024
Apple's earnings report comes days after the company launched Apple Upgrade in the U.S.—a program that BofA Securities says could improve affordability for consumers and help the company wrestle some control from wireless carriers. As part of Apple Upgrade, customers now have one- or two-year leasing options for iPhones and Apple Watches, and two- or three-year options for Macs and iPads. Apple has long offered trade-ins and financing plans, but "the new structure packages those familiar mechanics into a broader platform spanning major hardware categories," wrote Wamsi Mohan, an analyst at BofA.
Tech stocks led a rebound in the major indexes, but gains weren't felt broadly across the market. The S&P 500 was up 1%, while the Nasdaq Composite rose 2.2%. Tech dominated gains on a sector level, up 5.6%.
D-Wave Quantum’s recent past announcement that it was added to the NASDAQ Composite Index followed news that AT&T would expand its use of the company’s quantum computing technology across multiple network operations workflows. AT&T reported cutting a key network optimization workload from about one hour to less than 15 seconds using D-Wave’s annealing-based system, underscoring the technology’s operational impact. Next, we’ll explore how AT&T’s broader adoption of D-Wave’s annealing quantum...
July 30 (Reuters) - U.S. stocks opened higher on Thursday as Microsoft's forecast-beating results soothed investor concerns about massive AI spending by companies, while investors parsed fresh