Nasdaq 100 Flirts with Records, Oil Sinks for Fifth Day: Stock Market Today

Tech Stocks Break Out: The Next Leg of the Bull Market

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.

Shares of semiconductor companies are trading higher amid overall market strength and easing inflation concerns as investors return to AI-related companies.

Shares of chip companies are trading higher amid overall market strength, falling yields and declining oil prices. The industry may be boosted by recent talks between Intel and SK Hynix regarding U.S. chip manufacturing.

Transcript: AutoZone Q4 2026 Earnings Conference Call

AutoZone (NYSE:AZO) held its fourth-quarter earnings conference call on Tuesday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial data and

AutoZone (AZO) Tops Q4 Earnings Estimates

AutoZone reported Q3 2026 earnings of $56.05 per share, beating consensus estimates of $54.54 by 2.77%, but revenues of $6.59 billion missed expectations by 1.38%. The stock has underperformed the S&P 500 by 30.8 percentage points year-to-date. AutoZone received a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market.

AutoZone shares are trading higher after the company reported better-than-expected Q4 financial results, noted year-over-year increases in overall and domestic same store sales, and said it is winning market share.