LULU, AVGO, DELL, SNOW, GOOGL: 5 Stocks Investors Couldn't Stop Buzzing About This Week

Retail investors talked up five hot stocks during the week (Aug. 31 to Sept. 4) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, AI infrastructure momentum, and corporate news

Benzinga21:25

Benzinga Bulls and Bears: Palo Alto, Ciena, Lululemon

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.U.S. stocks finished the week with mixed results as investors

Benzinga20:01

Musk Warns of AI Power Shortfall! Global Surge in Grid Construction Brings Investment Opportunities in Computing-Power Synergy

Musk projects that AI chips could face a power shortfall of at least 15 gigawatts by 2027. Power supply has become the "ceiling" constraining the expansion of AI computing capacity in the United States. Against the backdrop of an imbalance between power supply and demand, accelerating grid infrastructure development has emerged as a global consensus, with China, the United States, and South Korea each introducing respective measures.

Zhitong Finance15:23

Timeline for "largest IPO in history" changes; Anthropic reportedly to start roadshow as early as mid-October

Anthropic is expected to begin marketing its initial public offering (IPO) as early as mid-October, with the listing scheduled to be completed a few days before the U.S. midterm elections in November.

cls.cn09:39

Express News | According to reports, Anthropic is expected to file its IPO prospectus in late September and could begin its IPO roadshow as early as mid-October.

Breakings06:47

Non-farm payrolls data rattled the broader U.S. stock market, yet AI hardware stocks surged against the trend. The semiconductor index rose more than 3%, with SanDisk jumping 12%.

The prospect of Federal Reserve rate hikes has weighed on overall valuations and certain software growth stocks, while the industrial logic underpinning demand for AI computing power, storage, and data center interconnectivity remains intact despite interest rate expectations. SK Hynix, a memory chip manufacturer, closed up more than 8%, and Coherent, an optical communications company, rose 6.6%. Market participants noted that the strong performance of chip stocks on Friday had "nothing to do" with the non-farm payrolls data, but was instead driven primarily by the ongoing sector rotation between semiconductors and software.

wallstreetcn06:13