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Alphabet (GOOG) Surged as Investors’ Confidence Boosted Amid Durable Execution
Insider Monkey39d agobullish
Alphabet (GOOG) Surged as Investors’ Confidence Boosted Amid Durable Execution

Mar Vista Investment Partners, LLC, an investment management company, released its “Mar Vista U.S. Quality Premier Strategy” second-quarter 2026 investor letter. You can download a copy here. Despite economic uncertainties, US equities rose in Q2, driven by resilient growth and broadening leadership. Confidence was restored despite ongoing uncertainties, with the S&P 500® and Nasdaq achieving their […]

GOOGGOOGL^DJI^GSPC
Dow Set to Snap 4-Week Winning Run. S&P 500, Nasdaq Head for Gains.
Barrons.com39d agoneutral
Dow Set to Snap 4-Week Winning Run. S&P 500, Nasdaq Head for Gains.

Heading into Friday trading the blue-chip Dow Jones Industrial Average index is down 412.66 points, or 0.78%, this week to 52487.41. If it continues to progress, that would mark two consecutive weeks of gains and the largest two-week points and percentage gain since the week ending May 8, 2026. Like the S&P 500, it can also bank two consecutive weeks of gains, which would represent the largest two-week points and percentage gain since the week ending May 15, 2026.

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US stocks end higher; chip surge offsets Iran worries
Reuters Videos39d agobullishVIDEO
US stocks end higher; chip surge offsets Iran worries

<body><p>STORY: U.S. stocks closed higher on Thursday, with the Dow adding more than a quarter of a percent, the S&P 500 climbing more than eight-tenths of a percent and the tech-heavy Nasdaq gaining 1.3%</p><p>:: Micron Technology</p><p>Chip stocks rallied, sparked by a 4.5% jump in shares of Micron Technology. The memory chip maker laid out plans to invest more than $250 billion in domestic chip manufacturing through 2035 to boost supply amid the AI boom.</p><p>Micron's peers also joined the rally, with Applied Materials climbing more than 3% and SanDisk surging over 7.5%.</p><p>AI-related stocks have been volatile lately as investors worried about the sustainability of a rally that has helped Wall Street reach record levels in 2026.</p><p>Gina Martin Adams is chief market strategist at HB Wealth.</p><p>"Tech has obviously been in the limelight of equity markets for a while, but that worked against stocks in the month of June. We'll see if the month of July brings something different. Obviously, the sector is dealing with a lot of issues, including the upcoming earnings season, where expectations are pretty high, as well as a tremendous amount of new shares coming to the market. First with SpaceX and now with SK Hynix out of South Korea."</p><p>Shares of Meta Platforms rose more than 4.5% after Reuters reported that the company plans to manufacture AI chips starting in September.</p><p>:: PepsiCo</p><p>Elsewhere in the market, shares of PepsiCo fell more than 3% despite the company beating second-quarter revenue estimates. PepsiCo warned of higher commodity costs in the second half of the year at a time when the snack and beverage giant is increasing investments and lowering prices to attract value-conscious consumers.</p><p>And shares of Costco sank more than 4% to a six-month low after the retailer reported decelerating comparable sales for June.</p></body>

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