Stock Market Today: Nasdaq 100 Rises as AI Chip Rout Reverses, SanDisk Jumps 7%
Tech rebounded from last week's rout as chip stocks bounced and steel maker Cleveland-Cliffs soared on earnings, while the 10-year yield climbed to 5.14%.
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Why Is Applied Digital Stock Surging on Monday?
Applied Digital (NASDAQ: APLD) stock rises Monday after Friday’s chip sell-off. See the market context, analyst ratings and consensus price forecast.
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Shares of AI cloud services companies are trading higher as the sector rebounds from recent weakness after Goldman Sachs upgraded CoreWeave, easing concerns about AI infrastructure.
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