Nasdaq 100 Flirts with Records, Oil Sinks for Fifth Day: Stock Market Today
Nasdaq 100 printed an intraday record on AI enthusiasm while financials slid nearly 2% and crude fell for a fifth straight session.
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Stocks mixed, Dow falls 100 points. Terawulf Inc (NASDAQ: WULF) rises after lease deal. Other big gainers: OFIX, AXTI, SHAZ, IREN, CEVA, IMOS, CRDO, HUT, BFLY, CHRN, BE, ALAB, SIMO.
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Nasdaq 100 printed an intraday record on AI enthusiasm while financials slid nearly 2% and crude fell for a fifth straight session.
After four and a half months of consolidation, technology stocks are breaking out to the upside, led by semiconductor and AI-related companies. Despite concerns about AI safety and higher interest rates, the underlying economics of AI infrastructure investment remain strong, with demand for computing power continuing to expand beyond GPUs to CPUs, memory, and networking equipment. Bitcoin's rally signals returning risk appetite among investors.
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
An investment analyst highlights four stocks—AMD, Palantir Technologies, Shopify, and Zeta Global—that he believes investors may regret not purchasing earlier. The video presentation suggests these companies represent potential wealth-building opportunities in the current market.