FINWIRES · TerminalLIVE
FINWIRES
Nvidia

Nvidia

$NVDA
NASDAQSemiconductors

389 stories mentioning NvidiaUpdated 19h ago

Rallied as tech and semiconductor stocks jumped, with the Philadelphia Semiconductor Index climbing 5.4% amid the broad market rally.

Asia Markets

US Equity Indexes Edge Up, Crude Oil Jumps Amid Reports Talks Continuing to Reach Israeli-Hezbollah Truce in Lebanon

US equity indexes ground higher while crude oil futures jumped as media reports claiming that parts of Lebanon remain under Israeli attack added to confusion surrounding the status of peace talks between Washington and Tehran.The Nasdaq Composite rose less than 0.1% to 27,093.90, giving up most of its intraday gains at the close on Tuesday. The S&P 500 edged up 0.1% to 7,609.78, and the Dow Jones Industrial Average climbed 0.5% to 51,307.79.Utilities, materials, and industrials were among the top gainers, while communication services led the decliners.The fourth round of talks between Israel and Lebanon is underway in Washington, DC, where Lebanese negotiators hope to secure a halt to attacks on and occupation of the south, Al Jazeera reported Tuesday. The Israeli army has carried out several attacks on the southern Lebanese Nabatieh governorate, the news report said.Iran stopped communicating with mediators about extending a ceasefire in the war with the US and Israel, two semiofficial Iranian news agencies reported Tuesday, but President Donald Trump disputed the claim and said talks were continuing, according to Associated Press.Iranian media outlets have signaled talks between Tehran and Washington are ongoing, a day after reports that Iran suspended them, CNN reported Tuesday. The country's top negotiator has, however, threatened escalation if Israel's attacks on Lebanon continue, the news report added.Washington won't remove sanctions on Iran in exchange for a full reopening of Hormuz, adding that any sanctions relief is conditioned on Iran giving up enriched uranium, Al Jazeera cited US Secretary of State Marco Rubio as saying on Tuesday at a Senate hearing.Brent crude futures climbed 0.9% to $95.87, and West Texas Intermediate crude oil futures jumped 1.4% to $93.48. Both crude types were lower by more than 1% each earlier in the session.US Treasury yields fell, with the 10-year down 2.6 basis points to 4.45%. The two-year declined less than one basis point to 4.05%.In precious metals, gold futures edged up 0.3% to $4,519.40, and silver futures climbed 0.3% to $75.49.Shares of Hewlett Packard Enterprise (HPE) surged by more than 19%, the top gainer on the S&P 500, after the tech giant reported fiscal Q2 earnings ahead of analysts' forecasts.Marvell Technology's (MRVL) shares soared over 32%, the biggest outperformer on the Nasdaq, after multiple news outlets reported that Nvidia (NVDA) chief executive officer Jensen Huang called the chipmaker the next "trillion-dollar company."In economic news, US job openings rose to 7.618 million in April, according to the Bureau of Labor Statistics, above the 6.866 million expected in a Bloomberg-compiled poll and up from the 6.887 million reported in March. The April print represents 4.6% of total employment, up from 4.2% in March and 4.3% a year earlier. It is also the highest since May 2024, Stifel said in a note.The ratio of job openings to unemployed people -- a figure the Federal Reserve officials closely watch as a proxy for the balance between labor supply and demand -- rose to 1.03 in April from 0.95 in March, the highest since January 2025, suggesting that there are more jobs available for every person unemployed, per the Stifel note.Redbook US same-store sales rose by 9% from a year earlier in the week ended May 30, the same pace as in the previous week. "Customers remain highly value-driven and price sensitive," Redbook said in a note.

Dow JonesNasdaq CompositeS&P 500$HPE$MRVL$NVDA
Japan

US Equity Markets Extend Rally to Records on AI Momentum, Jobs Data

US equity indexes closed higher Tuesday as the three major gauges extended a rally to records, fueled by the AI boom and stronger-than-expected jobs data.* US job openings rose to 7.618 million in April, according to the Bureau of Labor Statistics, above the 6.866 million expected in a Bloomberg poll and up from the 6.887 million reported in March.* Redbook US same-store sales last week rose 9% from a year earlier, matching the pace in the previous week.* July West Texas Intermediate crude oil rose $1.56 to settle at $93.72 per barrel, while August Brent crude, the global benchmark, was last seen up $1.12 at $96.08 amid conflicting reports of the status of peace talks between Washington and Tehran.* Marvell Technology (MRVL) shares surged 32%, the biggest gain on the Nasdaq, after multiple news outlets reported the chipmaker was dubbed the next trillion-dollar company by Nvidia (NVDA) CEO Jensen Huang.Hewlett Packard Enterprise (HPE) shares jumped 19%, a day after as the company lifted its full-year outlook and reported stronger-than-expected fiscal second-quarter results.* Intuit (INTU) shares fell 9%, the second-largest drop on the Nasdaq, after Goldman Sachs downgraded the stock to sell from neutral and cut its price target to $276 from $519.

Dow JonesNasdaq CompositeS&P 500$INTU$MRVL$NVDA
Japan

US Equity Indexes Mixed as Confusion Surrounds Status of Iran Peace Talks

US equity indexes traded mixed amid conflicting reports of the status of peace talks between Washington and Tehran, while parts of Lebanon are rumored to remain under Israeli attack.The Nasdaq Composite was little changed at 27,082.2, giving up intraday gains ahead of the close on Tuesday. The S&P 500 edged up 0.1% to 7,610.3, and the Dow Jones Industrial Average climbed 0.5% to 51,352.6.Iran stopped communicating with mediators about extending a ceasefire in the war with the US and Israel, two semiofficial Iranian news agencies reported Tuesday, but President Donald Trump disputed the claim and said talks were continuing, according to the Associated Press.CNN, however, reported that Iranian media outlets have signaled talks between Tehran and Washington are ongoing, a day after reports that Iran suspended them. The country's top negotiator has threatened escalation if Israel's attacks on Lebanon continue, the news report added.Washington won't remove sanctions on Iran in exchange for a full reopening of Hormuz, adding that any sanctions relief is conditioned on Iran giving up enriched uranium, Al Jazeera cited US Secretary of State Marco Rubio as saying on Tuesday at a Senate hearing.The fourth round of talks between Israel and Lebanon is underway in Washington, DC, where Lebanese negotiators hope to secure a halt to attacks on and occupation of the south, Al Jazeera reported on the same day. The Israeli army has carried out several attacks on the southern Lebanese Nabatieh governorate, the news report added.Brent crude futures climbed 1% to $95.94, and West Texas Intermediate crude oil futures jumped 1.5% to $93.51. Both crude types were lower by more than 1% each earlier in the session.Shares of Hewlett Packard Enterprise (HPE) surged nearly 19%, the top gainer on the S&P 500, after the tech giant reported fiscal Q2 earnings ahead of analysts' forecasts.Marvell Technology's (MRVL) shares soared 30%, the biggest outperformer on the Nasdaq, after multiple news outlets reported that Nvidia (NVDA) chief executive officer Jensen Huang called the chipmaker the next "trillion-dollar company."

Dow JonesNasdaq CompositeS&P 500$HPE$MRVL$NVDA
Wire

Perplexity AI Building Workload Distribution Platform to Manage Computing Costs, CEO Says

Perplexity AI is building a software platform to distribute artificial intelligence workloads between personal computers and remote cloud servers, Chief Executive Officer Aravind Srinivas said in an interview with Bloomberg Tuesday.The routing system determines in real time whether processing tasks should execute locally or on cloud infrastructure to help lower overall computing expenses, Srinivas said in the interview.The startup introduced the technology at the Computex conference alongside Intel (INTC), though the platform remains hardware agnostic and supports processors from Nvidia (NVDA), Srinivas added.Price: $107.06, Change: $-2.27, Percent Change: -2.08%

$INTC$NVDA
Equities Mostly Rise Intraday as Traders Parse Labor Market Data
US Markets

Equities Mostly Rise Intraday as Traders Parse Labor Market Data

US benchmark equity indexes were mostly higher intraday as investors evaluated fresh labor market data and continued to monitor Middle East developments.The Dow Jones Industrial Average was up 0.3% at 51,225.9 after midday Tuesday, while the S&P 500 rose 0.1% to 7,606.1. The Nasdaq Composite was little changed at 27,093.8. The indexes notched fresh closing highs in the previous session.Among sectors, utilities paced the gainers intraday Tuesday, while communication services saw the biggest decline.In economic news, US job openings hit their highest level in almost two years in April, while hiring and layoffs fell, official data showed."Job openings jumped to their highest level in nearly two years, but this likely overstates the strength of the labor market, as the increase didn't translate into a higher hiring rate," Oxford Economics said in a note. "The result should be taken with a grain of salt and doesn't suggest a sudden tightening of labor market conditions is ahead."Official data are expected to show Friday that the US economy added 95,000 nonfarm jobs in May, compared with a 115,000 increase reported for the previous month, according to a Bloomberg poll.West Texas Intermediate crude oil was up 1.6% at $93.59 a barrel intraday Tuesday, while Brent rose 1.1% to $96.04.Israel and Lebanon kicked off high-stakes talks in the US as renewed hostilities between Israel and Iran-backed Hezbollah threaten to derail peace talks between Washington and Tehran, CNN reported.Negotiations with Iran have been "going on continuously," US President Donald Trump said Tuesday."Where they lead, one never knows, but as I told Iran, 'It's time, one way or another, for you to make a deal'," Trump said in a social media post.On Monday, Iranian state-affiliated outlet Tasnim reported that the country suspended talks with the US in retaliation to Israel's military action in Lebanon.US Treasury yields were mixed intraday Tuesday, with the 10-year rate down two basis points at 4.46%, and the two-year rate little changed at 4.05%.In company news, Hewlett Packard Enterprise (HPE) shares jumped nearly 16%, the second-top gainer on the S&P 500. Late Monday, the information technology company lifted its full-year outlook and reported stronger-than-expected fiscal second-quarter results.Marvell Technology (MRVL) shares surged 29% intraday Tuesday after Nvidia (NVDA) Chief Executive Jensen Huang reportedly said Marvell could be the next chip company to join the trillion-dollar club.Palo Alto Networks (PANW), Ulta Beauty (ULTA) and GitLab (GTLB) are expected to report their latest quarterly financial results after the closing bell Tuesday, along with others.Gold was up 0.3% at $4,517.60 per troy ounce, while silver rose 0.4% to $75.54 per ounce.

Dow JonesNasdaq CompositeS&P 500$GTLB$HPE$MRVL$NVDA$PANW$ULTA
Asia Markets

US Equity Indexes Edge Up as Trump Pushes for Israel-Hezbollah Ceasefire, Technology Extends Gains

US equity indexes ground higher as investors weighed Israel and Hezbollah's response to President Donald Trump's call to stop fighting in Lebanon, while technology extended gains amid strong jobs data.The Nasdaq Composite edged up less than 0.1% to 27,100.7, with the S&P 500 advancing 0.1% to 7,606.6, and the Dow Jones Industrial Average higher by 0.2% to 51,203.4.Utilities, energy, and technology were among the gainers intraday, while communication services led the decliners.Trump said he believes a deal to reopen the Strait of Hormuz and extend the ceasefire with Iran is reachable "over the next week," CNN reported Tuesday. The fourth round of talks between Israel and Lebanon is underway in Washington, DC, where Lebanese negotiators hope to secure a halt to attacks on and occupation of the south, Al Jazeera reported on the same day.Lebanese authorities said Hezbollah, an Iran-backed militant group, agreed to a US proposal for a ceasefire with Israel in which strikes on Beirut would stop, CNN reported. Trump declared Israeli forces would not move on Beirut after a call with Prime Minister Benjamin Netanyahu, the news report said.Meanwhile, Washington won't remove sanctions on Iran in exchange for a full reopening of Hormuz, adding that any sanctions relief is conditioned on Iran giving up enriched uranium, Al Jazeera cited US Secretary of State Marco Rubio as saying on Tuesday.Brent crude futures climbed 0.8% to $95.78, and West Texas Intermediate crude oil futures climbed 1.2% to $93.27. Both crude types were lower by more than 1% each earlier in the session.US Treasury yields fell, with the 10-year down two basis points to 4.46%. The two-year declined less than one basis point to 4.05%.In precious metals, gold futures edged up 0.3% to $4,519.20, and silver futures climbed 0.7% to $75.78.Shares of Hewlett Packard Enterprise (HPE) surged 15%, among the top gainers on the S&P 500, after the tech giant reported fiscal Q2 earnings ahead of analysts' forecasts.Marvell Technology's (MRVL) shares soared 29%, the biggest outperformer on the S&P 500, after multiple news outlets reported that Nvidia (NVDA) chief executive officer Jensen Huang called the chipmaker the next "trillion-dollar company."In economic news, US job openings rose to 7.618 million in April, according to the Bureau of Labor Statistics, above the 6.866 million expected in a Bloomberg-compiled poll and up from the 6.887 million reported in March. The April print represents 4.6% of total employment, up from 4.2% in March and 4.3% a year earlier.Redbook US same-store sales rose by 9% from a year earlier in the week ended May 30, the same pace as in the previous week. "Customers remain highly value-driven and price sensitive," Redbook said in a note.

Dow JonesNasdaq CompositeS&P 500$HPE$MRVL$NVDA
Nvidia's GTC Taipei Announcements Offer Significant Growth Potential, Truist Says
US Markets

Nvidia's GTC Taipei Announcements Offer Significant Growth Potential, Truist Says

Nvidia's (NVDA) recent product announcements pose significant growth potential for the tech giant that marked its formal entry into the consumer PC processor market, Truist Securities said in a note emailed late Monday.Nvidia disclosed new semiconductor, system and software products at the GTC event in Taipei, Taiwan. The products included RTX Spark, a superchip for Windows laptops and desktops, and DGX Station, the AI deskside supercomputer for professionals.RTX Spark's launch would mark the tech giant's entry into the PC market.Nvidia's shares rallied 6.3% on Monday, and were up 0.4% intraday Tuesday.Nvidia's opportunity extends beyond the traditional central processing unit market where Intel (INTC) and AMD (AMD) compete today, Truist Managing Director William Stein said.Nvidia could capture significant growth in higher-cost graphics processing unit systems that "could be multiples of the client CPU market today," he wrote."We are most intrigued by the company's new DGX Station and RTX Spark computers that appear aimed at developing and running AI models locally without the need for datacenter resources," Stein wrote. "While it opens a significant (total addressable market for Nvidia), we believe the effort is more strategic, and focused on extending (its) reach into all aspects of AI model development, deployment, and processing."Truist reiterated its buy rating on Nvidia's stock with a price target of $307.Price: $225.53, Change: $+1.16, Percent Change: +0.52%

$AMD$INTC$NVDA
Wire

Top Midday Stories: Marvell Next Trillion-Dollar Firm, Nvidia CEO Reportedly Says; Anthropic Expands Mythos Access to 150 New Partners

All three major US stock indexes were up in late-morning trading Tuesday, as investors monitor developments between the US and Iran as well as oil price movements.In company news, Nvidia (NVDA) Chief Executive Jensen Huang said Marvell Technology (MRVL) is the next "trillion-dollar company," news outlets reported, citing Huang's appearance at a trade show in Taipei. Nvidia shares were up 0.9%, while Marvell shares were up 29.7%.Amazon-backed (AMZN) Anthropic said Tuesday it is expanding its Project Glasswing program to about 150 new organizations based in over 15 countries, granting them access to Claude Mythos Preview. The partnering organizations use Mythos to scan their codebases for vulnerabilities. So far, the 50 initial partners have found over 10,000 high- or critical-severity security flaws, Anthropic said. Separately, Amazon Web Services will be integrated with Workday (WDAY) Data Cloud, allowing developers to access governed HR and finance data through AWS Ai and analytics tools, Workday said. Amazon shares were down 0.3%, while Workday shares were down 7.1%.Hewlett Packard Enterprise (HPE) reported fiscal Q2 adjusted earnings late Monday of $0.79 per diluted share, up from $0.38 a year earlier and above the FactSet consensus of $0.53. Fiscal Q2 revenue was $10.7 billion, up from $7.63 billion a year ago and above the FactSet consensus of $9.78 billion. For fiscal Q3, the company expects adjusted EPS of $0.88 to $0.93 on revenue of $11.5 billion to $12.1 billion. Analysts polled by FactSet expect $0.58 and $10.9 billion, respectively. For its full-year guidance, the company now expects adjusted EPS of $3.35 to $3.45, up from its prior forecast of $2.30 to $2.50 and above the FactSet consensus of $2.42. Hewlett Packard shares were up 21.5%.Alphabet (GOOG, GOOGL) said Monday it plans to raise $80 billion in equity to help fund investments in AI compute infrastructure, including a $10 billion private placement to Berkshire Hathaway (BRK.A, BRK.B), split evenly between class A common stock at $351.81 per share and class C capital stock at $348.20 per share. Alphabet's class A shares were down 2.3%, while its class C shares were down 2.2%. Berkshire's class A shares were up 0.4%, while its class B shares were up 0.3%.President Donald Trump signed a proclamation on Tuesday lowering the tariffs on agricultural equipment and certain other equipment to 15% from 25%, the White House said. In addition, the existing category of industrial equipment subject to a 15% tariff was expanded to include mobile industrial equipment, like bulldozers and forklifts, "when imported from trade deal countries that are entitled to such treatment," the White House said. The proclamation also allows foreign companies to qualify for a 10% duty rate if their capital equipment includes at least 85% US melted and poured or smelted and cast steel or aluminum by weight, the White House said. The tariff changes will last until Dec. 31, 2027, the White House said. Shares of Deere (DE), Agco (AGCO), CNH Industrial (CNH) and Caterpillar (CAT) were up 5.3%, 6.1%, 10.1% and 4.7%, respectively.IBM (IBM) said Tuesday it plans to invest over $10 billion in quantum computing over the next five years. The investment will go toward research and development, capital expenditure, manufacturing scaling, ecosystem partnerships and M&A, the company said. IBM shares were up 1.1%.Price: $283.09, Change: $+63.66, Percent Change: +29.01%

$AGCO$AMZN$BRK.A$BRK.B$CAT$CNH$DE$GOOG$GOOGL$HPE$IBM$MRVL$NVDA$WDAY
Wire

Akamai, Nvidia Expand Partnership to Bring Zero Trust Security to AI Factories

Akamai Technologies (AKAM) is expanding its collaboration with Nvidia (NVDA) to bring Zero Trust security architecture to artificial intelligence factories, powering autonomous enterprise agents, the companies said Tuesday.The partnership will bring Akamai Guardicore Segmentation to the Nvidia Vera BlueField-4 STX storage architecture, which is powered by the Nvidia DOCA software platform, the companies said. The integration aims to protect data, context memory, and autonomous agents within enterprise AI infrastructure, the companies said.Akamai Guardicore Segmentation integrated with Nvidia BlueField and Nvidia DOCA is expected to be available in H2 to implement workload-aware segmentation, the companies said. The integration with the Nvidia Vera BlueField-4 STX platform is slated to launch on infrastructure partner platforms in H1 of 2027, according to a joint statement.Price: $161.86, Change: $+7.85, Percent Change: +5.10%

$AKAM$NVDA
Commodities

Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday as Traders Assess AI Momentum

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.2% and the actively traded Invesco QQQ Trust (QQQ) retreated by 0.1% in Tuesday's premarket activity, as investors assessed whether recent AI-driven gains can be sustained.US stock futures were also lower, with S&P 500 Index futures down 0.2%, Dow Jones Industrial Average futures slipping 0.5%, and Nasdaq futures losing 0.1% before the start of regular trading.The Job Openings and Labor Turnover Survey, or JOLTS, for April will be released at 10:00 am ET.In premarket action, bitcoin was down by 2.9%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 2.9% lower, Ether ETF (EETH) retreated by 1.2%, and Bitcoin & Ether Market Cap Weight ETF (BETH) fell by 3%.Power Play:IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) was flat, while the Vanguard Industrials Index Fund (VIS) was down 0.1% and the iShares US Industrials ETF (IYJ) was inactive.Generac (GNRC) stock was up more than 9% before the opening bell after the company signed a global supply agreement with an unnamed hyperscale data center operator to supply backup power generators.Winners and Losers:FinancialThe State Street Financial Select Sector SPDR ETF (XLF) was little changed. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.4%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.7% higher.UP Fintech (TIGR) shares were down more than 2% pre-bell after the company swung to a Q1 non-GAAP net loss.EnergyThe iShares US Energy ETF (IYE) was down 2%, while the State Street Energy Select Sector SPDR ETF (XLE) was 0.3% lower.BW LPG (BWLP) stock was up 0.7% before market open after the company reported higher Q1 earnings.HealthcareThe State Street Health Care Select Sector SPDR ETF (XLV), Vanguard Health Care Index Fund (VHT) and iShares US Healthcare ETF (IYH) were little changed. The iShares Biotechnology ETF (IBB) was inactive.Hims & Hers Health (HIMS) stock was up 3% premarket after the company said it had completed its acquisition of Eucalyptus, expanding its consumer health platform across Australia, Canada, Germany, and other international markets.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) gained slightly, and the iShares US Technology ETF (IYW) was marginally down, while the iShares Expanded Tech Sector ETF (IGM) was up 0.4%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased 3%, while the iShares Semiconductor ETF (SOXX) rose by 2.5%.Nvidia (NVDA) shares were up more than 1% in premarket activity after Reuters reported, citing CEO Jensen Huang at the Computex event in Taipei, that the company has enough supply to support strong growth in its central processing units and graphics processing units.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.2%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was 0.4% lower. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.5%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was 0.5% higher.Amazon.com (AMZN) shares were down more than 1% pre-bell, extending a 3.5% fall at Monday's close. The company said Tuesday its Prime Day shopping event will take place from June 23 through June 26.CommoditiesFront-month US West Texas Intermediate crude oil retreated by 0.8% to $91.41 per barrel on the New York Mercantile Exchange. Natural gas was down 1.8% to $3.12 per 1 million British Thermal Units. The United States Oil Fund (USO) was down by 1.1%, and the United States Natural Gas Fund (UNG) was 2% lower.Gold futures for July retreated by 1.2% to $4,558.30 an ounce on the Comex. Silver futures rose by 2% to $76.73 an ounce. SPDR Gold Shares (GLD) was up by 1%, and the iShares Silver Trust (SLV) increased by 1.9%.

Dow JonesNasdaq CompositeS&P 500$AMZN$BETH$BITO$BWLP$EEM$EETH$EXI$FAS$FAZ$GLD$GNRC$HIMS$IBB$IGM$IGV$IPK$IVV$IWM$IYE$IYH$IYJ$IYK$IYW$NVDA$PMR$QQQ$RTH$SLV$SOXX$SPY$TIGR$UNG$USO$VDC$VHT$VIS$XLE$XLF$XLI$XLK$XLP$XLV$XLY$XRT$XSD
Sectors

Sector Update: Tech

Technology stocks were advancing premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.1% higher and the State Street SPDR S&P Semiconductor ETF (XSD) advancing by 3%.Marvell Technology (MRVL) shares were up more than 18% after multiple news outlets reported that Nvidia (NVDA) chief executive officer Jensen Huang called the chipmaker the next "trillion-dollar company."

$MRVL$NVDA
Asia Markets

US Equity Indexes Recover After Trump Claims Israel, Hezbollah Agreed to De-escalate Fighting in Lebanon

US equity indexes rose after President Donald Trump claimed Israel and Hezbollah agreed to dial back attacks on each other in Lebanon, and as technology topped sectors.The Nasdaq Composite climbed 0.4% to 27,086.81, with the S&P 500 up 0.3% to 7,599.96 on Monday. The Dow Jones Industrial Average turned the corner, trading up less than 0.1% to 51,078.88.Technology, which jumped more than 5% last week, and energy were the only gainers. Utilities, consumer discretionary, and communication services led the decliners.President Donald Trump spoke separately with Israeli Prime Minister Benjamin Netanyahu and Hezbollah representatives, multiple media reports cited the US president as saying. The president said Hezbollah had "agreed that all shooting will stop - That Israel will not attack them, and they will not attack Israel."The US informed Qatar that strikes threatened by Israel on Beirut's southern suburbs have been cancelled following a call between Trump and Netanyahu, a Qatari diplomatic source told Al Jazeera. Qatar had initiated contact with the US last Sunday to push for de-escalation, and since then, its officials have engaged in mediation efforts to reinforce the US-Iran ceasefire."The (Israel Defense Forces) will continue to operate in southern Lebanon as planned," CNN reported late Monday, citing Netanyahu as saying in a short statement. "There is no ceasefire in Lebanon," Defense Minister Israel Katz said Monday evening, according to CNN.Brent futures remained elevated, up 4.5% to $95.22. West Texas Intermediate futures were up 5.6% to $92.25. But, both crude oil types were off their respective session highs in the final leg of trading for the commodities.US Treasury yields were mixed after trading higher earlier in the session across the term structure. The 10-year yield was unchanged at 4.45%, retreating from over 4.5% intraday. The two-year rose 2.1 basis points to 4.04%, also off highs from earlier in the session.Gold futures were down 1.7% to $4,514.20, and silver futures declined 1% to $75.13, with both precious metals clawing back declines.In company news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares jumped 6.3%, and Microsoft rose 2.3%, among the top gainers on the Dow.Salesforce (CRM) surged 9.7%, among the Dow and S&P 500's biggest outperformers, after the company said it will invest $2 billion in France through 2030 to expand its artificial intelligence and cloud operations.In economic news, the Institute for Supply Management's US manufacturing index rose to 54.0 in May, the highest since May 2022, from 52.7 in April, compared with expectations for a 53.0 reading in a Bloomberg-compiled poll.However, the S&P Global US manufacturing index for May was revised down to 55.1 from the flash 55.3, compared with expectations of no revision in a Bloomberg-compiled survey. The May index is above the 54.5 reading reported in April, indicating expansion.US construction spending rose by 0.4% in April, versus a 0.3% increase expected in a survey compiled by Bloomberg and following a downwardly revised 0.2% increase in March.

Dow JonesNasdaq CompositeS&P 500$CRM$MSFT$NVDA
Wall Street Extends Record Run as Nvidia Rally Boosts Tech Sector
US Markets

Wall Street Extends Record Run as Nvidia Rally Boosts Tech Sector

Wall Street's equity benchmarks hit fresh peaks on Monday, buoyed by gains in the technology sector as Nvidia's (NVDA) shares rallied, while traders monitored mixed US-Iran peace talks signals.The Nasdaq Composite rose 0.4% to 27,086.8, while the S&P 500 added 0.3% to 7,600. The Dow Jones Industrial Average edged up 0.1% to settle at 51,078.9. All three indexes logged new closing highs on the first trading day of June.Barring tech and energy, all sectors were in the red, led by utilities.In company news, Nvidia shares jumped 6.3%, among the top gainers on the Dow. On Sunday, the tech bellwether announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.Microsoft shares rose 2.3%, also one of the Dow's best performers.Dell (DELL) shares advanced nearly 11%, extending its rally into the eight day in a row. Morgan Stanley upgraded its rating on the computer maker's stock to equal-weight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.Salesforce (CRM) climbed 9.7% after the company said it will invest $2 billion in France through 2030. Separately, Salesforce said it agreed to buy Contentful, a "composable" content platform.S&P 500 companies' quarterly earnings growth held steady at nearly 28%, compared with financials reported up until a week ago, putting the index on track to close out the most recent cycle well above estimates, Oppenheimer Asset Management said in a note.West Texas Intermediate crude oil was up 5.7% at $92.35 a barrel in Monday late-afternoon trade, while Brent rose 4.5% to $95.25.Iran suspended talks with the US in retaliation to Israel's military action in Lebanon, CNBC reported Monday, citing Iranian state-affiliated outlet Tasnim. However, US President Donald Trump said talks with Iran were continuing at "a rapid pace."In a separate social media post, Trump said he spoke to Israeli Prime Minister Benjamin Netanyahu and Iran-backed Hezbollah, with both agreeing to stop the fighting."It unfortunately feels like we have moved further away from a conclusion, with Iran commenting mid-Friday that no agreement has been reached, and reports over the weekend indicating that (Trump) has asked to amend the prior framework," Tudor Pickering Holt said in a note. "These shifting conditions alongside continued kinetic skirmishes between the parties are likely to further erode Iranian trust as officials have already cited the fluidity of priorities as a point of friction with Iran making clear that nuclear dialogue is contingent on successful negotiations to end the war and reopen the Strait of Hormuz."US Treasury yields were higher, with the 10-year rate up two basis points at 4.46%, and the two-year rate rising 3.3 basis points to 4.04%.In economic news, the US manufacturing sector expanded to its highest level in four years last month amid strength in demand and production, though price pressures remained elevated, two separate surveys by the Institute for Supply Management and S&P Global (SPGI) showed."Even with improving activity, the persistence of elevated cost pressures is likely to constrain the pace of expansion and keep policymakers cautious, limiting the scope for near-term monetary-policy easing," TD Economics said in a note.Gold was last down 1.8% at $4,512.30 per troy ounce, while silver fell 1% to $75.13 per ounce.

Dow JonesNasdaq CompositeS&P 500$CRM$DELL$MSFT$NVDA$SPGI
Wire

Sector Update: Tech Stocks Mixed Late Afternoon

Tech stocks were mixed late Monday afternoon with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.5% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.7%.The Philadelphia Semiconductor index rose 1.2%.In corporate news, Dell (DELL) shares jumped past 10%. Morgan Stanley upgraded its rating on the company's stock to equalweight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.Amazon-backed (AMZN) Anthropic has confidentially submitted a draft registration statement for a proposed initial public offering to the US Securities and Exchange Commission, the company said Monday. The number of shares to be offered and the price have not yet been set, Anthropic said. Amazon shares were down 3.1%.Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares climbed 6%, and Microsoft added 2.9%.Apple (AAPL) is planning a new service that will let iPhone users split joint bills, expanding its push into everyday financial tools, Bloomberg reported. Apple shares fell 1.4%.

$AAPL$AMZN$DELL$MSFT$NVDA
Equities Mostly Rise Intraday Amid Nvidia Rally; Oil Jumps
US Markets

Equities Mostly Rise Intraday Amid Nvidia Rally; Oil Jumps

US benchmark equity indexes were mostly higher intraday as Nvidia (NVDA) helped lift the technology sector, while oil prices jumped as markets tracked the latest developments in the Middle East.The Nasdaq Composite was up 0.7% at 27,169.1 after midday Monday, while the S&P 500 rose 0.4% to 7,612.6. The Dow Jones Industrial Average was little changed at 51,017.1. All three benchmarks notched fresh closing highs in the previous session.Barring tech and energy, all sectors were in the red intraday Monday, led by utilities.In company news, Nvidia shares jumped 5.6%, among the top gainers on the Dow. On Sunday, the tech bellwether announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.Microsoft shares were up 1.8% intraday Monday.Salesforce (CRM) was the best performer on the S&P 500, up 9.5%, after it said it will invest $2 billion in France through 2030. Separately, Salesforce said it agreed to buy Contentful, a "composable" content platform.Dell (DELL) shares were up 8.9% intraday, extending its rally. Morgan Stanley upgraded its rating on the computer maker's stock to equal-weight from underweight and raised its price target to $448 from $170. Dell is outperforming peers in navigating semiconductor supply shortages, the brokerage said.S&P 500 companies' quarterly earnings growth held steady at nearly 28%, compared with financials reported up until a week ago, putting the index on track to close out the most recent cycle well above estimates, Oppenheimer Asset Management said in a note.Hewlett Packard (HPE), Palo Alto Networks (PANW), Broadcom (AVGO) and CrowdStrike (CRWD) are scheduled to release quarterly results this week.West Texas Intermediate crude oil was up 4.8% at $91.54 a barrel, while Brent rose 3.9% to $94.70.Talks with Iran are continuing at "a rapid pace," US President Donald Trump said in a social media post Monday.Iran will suspend talks through intermediaries with the US and will move to completely shut the Strait of Hormuz in retaliation to alleged ceasefire violations, CNBC reported, citing Iran's state-affiliated news outlet Tasnim.In a separate social media post, Trump said he had a call with Israeli Prime Minister Benjamin Netanyahu, adding that no troops will be going to Beirut, while any troops that are on their way have already been turned back."Likewise, through highly placed representatives, I had a very good call with Hezbollah, and they agreed that all shooting will stop -- that Israel will not attack them, and they will not attack Israel," Trump said.US Treasury yields were higher intraday, with the 10-year rate up 1.6 basis points at 4.47%, and the two-year rate rising 3.5 basis points to 4.05%.In economic news, the US manufacturing sector expanded to its highest level in four years last month amid strength in demand and production, though price pressures remained elevated, two separate surveys by the Institute for Supply Management and S&P Global (SPGI) showed."Even with improving activity, the persistence of elevated cost pressures is likely to constrain the pace of expansion and keep policymakers cautious, limiting the scope for near-term monetary-policy easing," TD Economics said in a note.Gold was down 1.5% at $4,523.30 per troy ounce, while silver fell 0.4% to $75.59 per ounce.

Dow JonesNasdaq CompositeS&P 500$AVGO$CRM$CRWD$DELL$HPE$MSFT$NVDA$PANW$SPGI
Wire

Top Midday Decliners

Constellation Energy (CEG) priced an underwritten secondary offering of 11 million shares at $281 apiece, it said Monday.Shares were down 6%, with intraday trading volume rising to nearly 6.7 million from the stock's daily average of about 3.1 million.Deutsche Bank downgraded AST SpaceMobile (ASTS) to hold from buy while cutting its price target to $106 from $117.Shares of AST were down 6%, with intraday trading volume rising to over 20 million from a daily average of about 18.6 million.Nvidia (NVDA) has unveiled an artificial intelligence chip, RTX Spark, to power Microsoft (MSFT) Windows personal computers. RTX Spark marks Nvidia's formal entry into the consumer PC processor market, a Wedbush Securities note said on Monday. The foray could hurt Intel (INTC) in particular, Wedbush analyst Matt Bryson wrote in the note.Shares of Intel slipped 3.3%, with intraday trading volume rising to over 95.1 million from a daily average of about 120.6 million.Price: $106.55, Change: $-6.86, Percent Change: -6.05%

$ASTS$CEG$INTC$NVDA
Sectors

Sector Update: Tech Stocks Mixed Monday Afternoon

Tech stocks were mixed Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.2%.The Philadelphia Semiconductor index rose 1.5%.In corporate news, Amazon-backed (AMZN) Anthropic has confidentially submitted a draft registration statement for a proposed initial public offering to the US Securities and Exchange Commission, the company said Monday. Amazon shares were down 3.2%.Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares climbed 5%, and Microsoft added 2.2%.Salesforce (CRM) shares gained 9.6% after the company said it will invest $2 billion in France through 2030 to expand its AI and cloud operations.

$AMZN$CRM$MSFT$NVDA
Nvidia Discloses New AI Chip to Power Windows PCs
US Markets

Nvidia Discloses New AI Chip to Power Windows PCs

Nvidia (NVDA) has announced a new artificial intelligence chip to power Microsoft (MSFT) Windows personal computers, called RTX Spark, entering the consumer PC processor market.RTX Spark delivers the full Nvidia AI and graphics technology stack to creators, AI developers and gamers, according to a joint statement on Sunday.RTX Spark will be available this fall from manufacturers including ASUS, Dell (DELL), HP (HPQ), Lenovo, Microsoft Surface and MSI, to be followed by models from Acer and GIGABYTE."The PC is being reinvented," Nvidia Chief Executive Jensen Huang said. "For forty years, you launched apps. Click. Type. With RTX Spark and Microsoft Windows, you ask -- and the PC does the work."These new PCs are designed for the era of personal AI agents, Nvidia said."This marks a key milestone in the rich, full-stack collaboration between Microsoft and Nvidia spanning gaming, AI and cloud -- from DirectX and RTX to Nvidia-accelerated AI workloads on Azure -- driving end-to-end innovation for our shared customers," Pavan Davuluri, executive vice president, Windows + Devices, said in a blogpost on Sunday. "These next-generation Windows PCs represent the next step on that journey."RTX Spark marks Nvidia's formal entry into the consumer PC processor market, Wedbush Securities said in a report on Monday."We believe (Nvidia's) previous work around using (graphics processing units) to enable AI workloads in PCs should benefit (its) push to define the agentic PC," Wedbush analyst Matt Bryson wrote. "But we also wonder how much even a successful implementation might mean for (Nvidia), given the ultimately small size of the PC market (vs. NVDA's accelerator business)."Nvidia's foray into the AI-enhanced consumer PC business could hurt Intel (INTC) in particular, Bryson said.Bryson sees "limited near-term competitive implications" from the Nvidia-Microsoft collaboration.Nvidia said it is collaborating with Adobe (ADBE) to "rearchitect" Adobe Premiere and Photoshop for RTX Spark.Shares of Nvidia were up 5% in Monday trading and Microsoft rose 2.6%. Adobe jumped 5.9%, while Intel fell 3.2%. Dell and HP gained 8.3% each.Price: $221.79, Change: $+10.65, Percent Change: +5.04%

$ADBE$DELL$HPQ$INTC$MSFT$NVDA
Wire

Nvidia, Fluence, Siemens Develop Vera Rubin AI Data Center Reference Architecture

Siemens, together with Nvidia (NVDA) and Fluence Energy (FLNC), developed a reference architecture for Nvidia's DSX Vera Rubin AI data center platform, designed to translate Nvidia's AI factory vision into a deployable electrical, power and controls system for hyperscalers, colocation providers and cloud infrastructure operators, Siemens said Monday.The solution is built on repeatable, scalable electrical building blocks aligned with Nvidia DSX Vera Rubin deployment units, allowing capacity to be added in phases. It can support initial deployments of tens of megawatts and scale to hundreds of megawatts without requiring a fundamental redesign.Fluence's battery energy storage provides flexibility and resilience for AI factories operating in power-constrained environments, according to the statement.Shares of Nvidia rose 4.9% in Monday trading, while Fluence shares climbed more than 42%.Price: $221.43, Change: $+10.29, Percent Change: +4.87%

$FLNC$NVDA
Sectors

Sector Update: Tech

Tech stocks were mixed Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 2.4% and the State Street SPDR S&P Semiconductor ETF (XSD) falling 1.4%.The Philadelphia Semiconductor index rose 1.4%.In corporate news, Nvidia (NVDA) has launched RTX Spark, a new AI chip that will be used in Microsoft (MSFT) Windows laptops and desktops. Nvidia's shares climbed 4.8%, and Microsoft added 2.6%.

$MSFT$NVDA

Showing 181-200 of 389

Track with the FINWIRES app suite