S&P 500 and Nasdaq Hit Records as Oil and Treasury Yields Ease
The S&P 500 and Nasdaq reached intraday records as chip stocks advanced and oil and Treasury yields eased, shifting attention to earnings and Fed minutes.
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The S&P 500 and Nasdaq reached intraday records as chip stocks advanced and oil and Treasury yields eased, shifting attention to earnings and Fed minutes.
Uber (NYSE: UBER) has agreed to buy ezCater for $2.3 billion, expanding workplace catering as investors assess delivery margins and cash use.
Meta’s Muse is sharpening investor interest in AMD as personal AI agents create demand for server CPUs alongside the GPUs powering their models.
South Korea’s KOSPI closed at 6,941.39 as Samsung fell 1.45%, ahead of a crowded October 8 trading calendar and fading buyback support.
The Nasdaq gained 1.05% to a record close as SpaceX and major tech stocks climbed, even with Treasury yields above 5.3% and services price pressures rising.
Forbes puts Elon Musk's fortune at $1.024 trillion as SpaceX and Tesla shares rally, restoring the wealth milestone first reached after SpaceX's June IPO.
SpaceX rises nearly 6% as its estimated valuation reaches $2.22 trillion, with Morgan Stanley maintaining a $300 target ahead of the next Starship test.
AI optimism keeps Wall Street near records despite Treasury yields at 2002 highs, with record ETF flows and October earnings setting up the next market test.
Cerebras shares rise 6.3% to $177 in premarket trading after Sam Altman reaffirms the OpenAI partnership, following a sharp selloff over Nvidia deployment.
OKX and NYSE owner ICE have filed for a tokenized U.S. stock venue covering 63 shares, with full shareholder rights and a 30-day issuer objection window.
Disney’s reported TV restructuring puts DIS shareholders’ focus on streaming margins, execution costs and cash returns after the October 1 share decline.
Nvidia reaches a new intraday record, taking its estimated market value above $5.72 trillion as investors assess AI earnings and a larger buyback program.