Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today
Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.
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AMAT rises 1.8% on big-tech gains. See key support levels, technical analysis, and Wall Street price targets for Applied Materials.
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Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.
ASML's Installed Base Management sales surged 31.8% year-over-year to €2.8 billion in Q2, exceeding expectations by €300 million. Semiconductor manufacturers are increasingly investing in software-led upgrades to boost productivity without purchasing new equipment. ASML projects over 30% growth in this segment for 2026, driven by expanding EUV installed base and service opportunities.
Zacks equity research analysts featured five stocks in their daily blog on September 18, 2026. Applied Materials benefits from AI-driven semiconductor demand with an Outperform rating. Philip Morris shows strong pricing power and smoke-free product growth despite declining cigarette volumes. Valero Energy outperforms its industry with favorable refining dynamics. Crimson Wine faces headwinds from weak direct-to-consumer demand and distributor bankruptcy risks. Global Self Storage maintains focus on secondary markets but faces operating cost pressures.
Ciena 2029 Outlook targets 30% revenue CAGR, higher margins and stronger cash flow as Wall Street updates price targets.
Lam Research ticks up in premarket trading amidst short-term technical weakness. In other news, the chipmaker plans a $1.2B India plant.
Credo expanded its ZeroFlap optical transceiver family to 1.6T port speeds, extending its established reliability architecture for AI networking applications.