Qualcomm (QCOM) shares were surging on Tuesday after the chipmaker announced a major deal. The stock surged as much as 10% in early trading, but gave up most of those gains to trade around 4% higher at the time of writing. The company said it has entered a multi-generational product collaboration with Amazon Web Services
CoreWeave CRWV stock jumped 16% on Tuesday as OpenAI’s new Astra model provided a fresh catalyst for the AI cloud infrastructure company. CoreWeave has a $22.4 billion deal with OpenAI to provide computing power, adding to a growing base of contracted demand for its infrastructure. The company’s momentum also follows strong second-quarter 2026 results reported
Nebius stock surged by over 10% today, September 8, continuing a recovery that started on Tuesday last week when it bottomed at $194.76. It jumped to a high of $250, its highest level since August 18 this year, mirroring the performance of other neocloud companies like CoreWeave and IREN. Nebius Group stock jumps after Palantir
AMD shares jumped after the chipmaker raised its potential 2030 total addressable market to $3 trillion. Gold prices edged lower as higher oil prices increased inflation concerns and boosted expectations for a September Federal Reserve rate hike. Oil prices climbed to multi-week highs as renewed Middle East hostilities heightened concerns over energy supply disruptions. Bitcoin
AMD stock surged 6% on Tuesday after Advanced Micro Devices said its total addressable market could reach $3 trillion by 2030, up from its previous estimate of roughly $2 trillion. Shares rose 6.45% to $508.38, bringing their gains for the year to more than 120%. The revised market opportunity reflects rising demand for graphics processing
Wall Street stocks fell on Tuesday as renewed tensions in the Middle East pushed oil prices higher, while investors turned their attention to inflation data that could influence the Federal Reserve’s interest-rate decision next week. The Dow Jones Industrial Average dropped 617 points, or 1.16%, to 52,797.10, while the S&P 500 fell 0.58% to 7,673.94.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) maintain a bullish outlook despite a sluggish start to the week. XRP, the 5th-largest cryptocurrency by market cap, is down by more than 1% in the last 24 hours and is now trading at $1.40. Despite the price pullback, the broader structure remains bullish, with technical indicators suggesting
One of Wall Street’s most dependable buyers is about to become less active. More than $1.1 trillion of announced corporate buyback authorisations had moved back into open repurchase windows through late August, helping support US equities during the summer rebound. But that support is set to thin as companies enter pre-earnings blackout periods ahead of
Micron Technology appears to be stepping up its high-bandwidth memory production as artificial intelligence demand continues to overwhelm supply, giving the chipmaker an opportunity to capture more of a fast-growing market. According to South Korean news outlet Electronic Times, Micron is spending to double its high-bandwidth memory production capacity by the end of the year.
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