AI stocks skyrocketed today after a hedge fund blowup.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.

<body><p>STORY: U.S. stocks ended sharply higher on Thursday, with the Dow gaining more than one percent, the S&P 500 climbing one-and-two-thirds percent and the Nasdaq rallying more than two-and-three-quarters percent.</p><p>:: Microsoft</p><p>Shares of Microsoft soared more than 15% to log their biggest daily percentage gain in 18 years, after the tech giant gave a stellar forecast that eased fears about massive spending on AI infrastructure.</p><p>That boosted overall market sentiment, says Mary Ann Bartels, chief investment strategist at Sanctuary Wealth.</p><p>“I think the real focus is on Microsoft and their earnings report. There's been a lot of concern about the hyperscalers, the money that they're spending and whether or not they're going to get a return on their capital. And Microsoft eased their concerns. Their spend on their cloud they didn't raise, and their return on their cloud was positive. So the market's really hyper focused, I think, that things aren't that bad.”</p><p>:: Amazon</p><p>After the close, Amazon gave investors more reason to cheer when it topped market expectations for quarterly cloud revenue growth on the back of surging enterprise AI spending, signaling the company's hefty investments were bearing fruit. Its shares, up nearly 4% at the close, surged more than 8% in extended trading.</p><p>Also after the bell, Apple reported sales and profits that beat Wall Street expectations, fueled by its customers snapping up iPhones and MacBooks amid price increases across the consumer electronics sector. Its shares, however, dipped more than 2% in extended trading.</p><p>:: Meta Platforms</p><p>And shares Meta tumbled 8% after the social media heavyweight reported a 91% drop in second-quarter free cash flow, a sign that its costly AI buildout was causing a financial strain.</p></body>
Despite plenty of uncertainty on some of the bigger economic issues, Q2 earnings season rolls along quite successfully to this point.
Samsara Inc. (IOT) closed the most recent trading day at $35.8, moving 7.61% from the previous trading session.
Dropbox (DBX) closed at $32.11 in the latest trading session, marking a -3.66% move from the prior day.
Crescent Energy (CRGY) closed the most recent trading day at $11.17, moving +1.09% from the previous trading session.
The latest trading day saw Copart, Inc. (CPRT) settling at $29.57, representing a -4.07% change from its previous close.
In the most recent trading session, ATI (ATI) closed at $181.9, indicating a +2.24% shift from the previous trading day.
In the latest trading session, Kyndryl Holdings, Inc. (KD) closed at $13.51, marking a -3.57% move from the previous day.
In the closing of the recent trading day, Kroger (KR) stood at $57.86, denoting a -3.36% move from the preceding trading day.
Signet (SIG) reached $95.88 at the closing of the latest trading day, reflecting a -3.01% change compared to its last close.
Gladstone Commercial (GOOD) reached $12.52 at the closing of the latest trading day, reflecting a -2.64% change compared to its last close.
The latest trading day saw HP (HPQ) settling at $26.86, representing a -5.46% change from its previous close.
Trip.com (TCOM) concluded the recent trading session at $46.48, signifying a +1.04% move from its prior day's close.
In the closing of the recent trading day, BP (BP) stood at $44.22, denoting a +2.08% move from the preceding trading day.
U.S. stocks rallied, with the Nasdaq jumping 2.8%, as Microsoft’s robust earnings report restored momentum to the artificial-intelligence boom.
The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”
The world’s largest corporate holder of Bitcoin says it is navigating a period of “muted Bitcoin sentiment and market skepticism.”
The Nasdaq Composite led gains, up 2.8%, while the S&P 500 rose 1.7%. "Typical snap back day after an exagerated Fed Day move," Carson Group's chief strategist Ryan Detrick said, nodding to tech leading gains. Tech stocks were more than pulling their weight, leading the climb higher.
Wall Street Gains Momentum as Inflation Cools and Bond Yields Retreat
The booming demand for server CPUs and AMD's solid market share suggest that this chip designer still has multibagger potential.
Microsoft and Meta just confirmed what AI infrastructure bulls wanted to hear: Demand for compute isn't cooling off.