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Tech, chip, and software stocks are surging in early August, with breadth data showing 93% of chip stocks higher. Meme stocks rally too, but Bitcoin lags, and 2021 comparisons hint at possible overex…
S&P 500 hits 19th record high as tech and AI optimism drive gains. Nasdaq rises 1.19%, energy falls 2.8%. Semiconductor stocks surge on AI demand; Micron jumps 19%.
Q1 earnings season tracking strongest growth since 2021 at 26% EPS growth, with 64% of companies beating expectations. AI tailwinds and commodity strength drive outperformance versus GDP growth.
S&P 500 and Nasdaq rose on chip stock rebound ahead of Nvidia earnings, while Dow fell slightly amid Treasury yield concerns and AI demand uncertainty.
Tax refund season drives retail investor frenzy in May, with unprecedented activity concentrated in mega-cap tech and semiconductors, boosting equity markets significantly.
US indexes advance with Nasdaq leading at ~0.9%. Truist downgrades S&P 500 industrials from attractive to neutral, citing lagging price momentum and elevated valuations despite supportive long-term d…
Tesla shares jumped 5.8% intraday, marking a five-day winning streak and over 20% gain in that period, reaching highest levels since Jan 2025 amid heavy trading and leading S&P 500 and Nasdaq 100 act…