Top 20 by Trading Volume | SpaceX surges 10% with launch of new flagship product, Grok 4.6; Cloud computing leaders soar post-earnings: NEBIUS jumps 34%, CoreWeave rises over 19%; Google officially releases the Pixel 11 series

Micron Technology ranked first in U.S. equity trading volume on Tuesday, closing up 4.92% with a turnover of $32.999 billion. According to a statement released by Netlist on Wednesday, Micron Technology is facing new legal actions from the U.S. International Trade Commission and the U.S. District Court for the Central District of California, alleging patent infringement against Netlist.

Futu News06:47

U.S. Stock Market Close | Mild CPI Eases Rate-Hike Pressure as S&P 500 Approaches Record High; Memory Chips, Optical Communications, and Cloud Computing Surge: SK Hynix Up Over 9%, Lumentum Up Over 13%, NEBIUS Soars 34%; Gold Maintains Strong Momentum

The three major U.S. stock indices closed mixed, with the Dow Jones Industrial Average falling 0.04%, the S&P 500 rising 0.26%, and the Nasdaq Composite gaining 0.54%. Home Depot dropped more than 3%, and Microsoft fell over 2%, leading the decline in the Dow. Lumentum surged more than 13%. The yield on the 2-year Treasury note declined by 1 basis point to 4.20%, while the 30-year yield edged up 1 basis point to 5.25%, as the term premium continued to climb.

wallstreetcn06:21

AI Stocks Diverge: Optical Networking and Data Centers Lead, While Memory and Power Themes Lag

Implied volatility in the AI sector remains at a three-year high relative to other sectors, posing an obstacle for clients looking to reposition within the AI space. Tuteja, a derivatives trader at Goldman Sachs, warned that market sentiment toward the Federal Reserve has shifted from the "fear of rate hikes" seen in July to a nearly "turning bad into good" optimistic outlook, a transition that has eroded previously existing asymmetric opportunities. He maintains his year-end target of 8,000 for the S&P 500 but expects the index to trade within a relatively narrow range over the next month and a half, with overall risk-reward attractiveness declining.

wallstreetcn04:31

Neocloud and Memory Names Lead Tech Rally as Earnings Boost Investor Confidence in AI

Seeking Alpha00:14

What's Going On With AMD Stock Wednesday?

Advanced Micro Devices Inc. (NASDAQ:AMD) stock moved higher Wednesday as enthusiasm around artificial intelligence infrastructure spending continued to support semiconductor stocks.The stock has

BenzingaAug 12 23:49

Cerebras Earnings Prediction Market Preview: What Will Andrew Feldman Say?

Cerebras Systems Inc. (NASDAQ:CBRS) reports second-quarter earnings after the bell today, its second report as a public company.Analysts expect a loss of roughly 17 cents per share, while Cerebras

BenzingaAug 12 23:41