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Cybersecurity shares jumped sharply after strong AI-demand optimism, while Nvidia rose 9% on a forecast for roughly 70% revenue growth next fiscal year. Technology was the only S&P 500 sector in the green midday.
U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.
Webull Corp reported second-quarter revenue of $198.83 million, up 51% year over year and above the $181.26 million estimate, while adjusted EPS of 5 cents beat expectations of 3 cents.
MRNA is still moving higher, with the stock shown up 85%, but no catalyst or additional details are provided in the feed.