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The Nasdaq reached all-time highs and the S&P 500 rose on Monday, driven by gains in most megacap and growth stocks, including Nvidia. Treasury yields held near multi-year highs, tempering risk sentiment.
The benchmark S&P 500 rose and the Nasdaq reached all-time highs as most megacap and growth stocks advanced, with risk sentiment tempered as Treasury yields stayed near multi-year highs.
Wall Street closed the week riding a semiconductor rebound that pushed the AI infrastructure trade back into favor, even as a spike in Treasury yields tested the rally’s staying power. Advanced Micro Devices Inc. (NASDAQ: AMD ) supplied the week’s biggest milestone. Shares surged as much as 10% on Monday, pushing the c
Peter Thiel ‘s investment firm, Thiel Macro LLC, disclosed a $418.67 million equity portfolio across eight companies in the second quarter, bypassing semiconductor manufacturers to allocate capital toward electrical grid operators, nuclear developers, tech infrastructure, and conventional energy. Rebuilding Capital in
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
Moderna and Merck say their personalized mRNA cancer vaccine intismeran with Keytruda met key endpoints in a Phase 3 melanoma trial, cutting recurrence and distant metastasis versus Keytruda alone.
NVIDIA Corp hits new highs