U.S. stock market close | Concerns over AI returns eased, and the three major indices all closed higher; AI software stocks rose across the board, with Snowflake and Datadog surging 7%; Chinese concept stocks staged a strong rebound, with Alibaba up over 5% and PDD Holdings gaining 4%.

①The Nasdaq Golden Dragon China Index closed up 2.69% at 5,753.78 points; ②The three major U.S. telecom operators plunged, with T-Mobile US down more than 13% and AT&T down nearly 10%; ③Micron Technology expanded its stock buyback program to $35 billion in December.

CLSOct 10 07:09

Top 20 by trading volume | Palantir's stock hits a new high, with bullish views from Goldman Sachs and Barclays; Lumentum surges more than 5%, as its optical components are sold out through 2029; Moderna jumps 14%, officially added to the Nasdaq-100 index.

On Friday, Micron Technology, the No. 1 stock by trading volume on U.S. exchanges, closed down 0.66% with a turnover of $20.373 billion. Micron Technology's Director approved an expansion of its share repurchase program, effective December. In its 10-K filing, Micron stated that the Board "approved increasing the maximum amount of common stock that may be repurchased at its discretion, effective December 9, 2026, to $35.16 billion." Previously, Micron had authorized a $10 billion share repurchase plan, of which approximately $2.2 billion remains unused.

Sina FinanceOct 10 05:36

Semiconductor Stocks Lead Nasdaq's Weekly Decliners Amid Wider Hit on AI Trade

Seeking AlphaOct 10 04:39

OpenAI Clarifies Annualized Revenue: Approximately $50 Billion as of End-September, with Year-End Target of $70 Billion

OpenAI still expects its annualized revenue to reach or exceed $70 billion by the end of 2026. Previously disclosed investor documents indicated that, as of the end of September, the company's annualized revenue stood at approximately $50 billion—lower than the nearly $70 billion estimate widely cited by the market, prompting questions about the company's revenue scale and the methodology used to calculate it.

WallStreetCNOct 9 20:25

This Week's Top U.S. Stocks | PTC has risen nearly 35% for the week, securing a $22.6 billion acquisition by Schneider Electric; in Brazil's presidential election, the pro-market camp outperformed expectations, boosting Bradesco Bank by more than 16%; Petroleo Brasileiro SA Petrobras gained over 14%, as Middle East tensions drove oil prices higher.

This week, the Dow Jones Industrial Average rose 0.11% to 51,231.64 points; the S&P 500 gained 0.55% to 7,765.36 points; and the Nasdaq Composite advanced 0.01% to 27,193.34 points.

Futu NewsOct 9 17:10

U.S. stocks closed | Escalating Middle East tensions and an OpenAI revenue warning sent the S&P and Nasdaq lower for the second straight session; AI-related stocks came under broad pressure, with the semiconductor index down more than 3% and Oracle and Intel each falling over 5%; crude oil rallied, with Chevron rising more than 3%.

The Dow Jones Industrial Average edged up 0.10% against the market trend. NVIDIA fell about 3% on the day, while Oracle dropped more than 5.5%. Data-center and optical-communications stocks plunged, down roughly 7%. Cloud-service stocks Nebius and CoreWeave both slid by over 7%, and optical-communications firm Coherent tumbled 9.62%. U.S. Treasury yields first rose then fell, with the 10-year yield dropping 5 basis points to 5.227%. WTI crude-oil futures at one point surged more than 4%.

wallstreetcnOct 9 06:40