Nvidia Hits Record as Treasury Yields Reach 24-Year High
Nvidia and the Nasdaq are reaching records even as the 10-year Treasury yield climbs to its highest level in 24 years. AI optimism is winning for now, but next week’s earnings season could determine whether profits can justify the rally while long-term rates remain elevated.
Nvidia’s $150B Buyback Lifts Stock as Market Falls
Nvidia expanded its buyback authorization by $150 billion as its shares rose about 1.6% while the broader market fell. The headline number is enormous, but the more important question is how aggressively Nvidia actually puts that authorization to work.
AI Agents Hit Schwab, Airbnb & Uber as Nasdaq Hits Record
Tuesday’s market exposed a new divide in the AI trade: chip stocks rallied as the Nasdaq reached another record, while Schwab, Airbnb, Uber and Lyft came under pressure. The emerging question is whether AI agents will simply create new technology winners — or fundamentally change which companies control the customer relationship.
China’s DRAM Breakthrough: 50% More Dies Per Wafer
CXMT says its newest DRAM process can produce at least 50% more gross chip dies per wafer even as China faces restrictions on advanced chipmaking technology. The next test is whether investors see the breakthrough as a meaningful new challenge for Samsung, SK Hynix and Micron when U.S. markets reopen Monday.
Applied Materials Falls on Margins as S&P 500 Hits Record
Applied Materials posted the biggest quarter-to-quarter revenue jump in its history and the stock fell about 5% anyway — the second straight day a beat-and-raise was punished over margins. Today's preview breaks down what that pattern says about the AI trade, and why the S&P 500 still closed at a record.