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The S&P 500, Nasdaq, and Dow futures just opened in the red 📉📉
Looks like US stocks may extend losses after the Nasdaq had its steepest single-day drop on Friday since liberation day last year
While US consumer sentiment sits at record lows, stocks just powered to fresh all-time highs, with the S&P 500, Nasdaq, and Dow all hitting new records again 👀 📈
$Dell delivered its biggest stock-market win ever today, with shares surging nearly 33% after reporting explosive AI-driven growth.
Revenue +88%, AI server sales +750%, and a major Pentagon contract on Wednesday to provide software to the US military added to this momentum.
Starting July 13, Cboe will launch extended trading hours for some stock options, mostly the ones tied to big tech names like $NVDA $TSLA $AAPL #AMD $PLTR
It looks like 24/5 trading is coming closer to reality 👀
American Airlines $AAL will use SpaceX’s Starlink to upgrade Wi‑Fi on 500+ aircraft.
This adds more hype around the SpaceX IPO, as many see Starlink, which drove over 60% of SpaceX’s revenue last year, as the company’s main commercial engine beyond rockets and space exploration.
The US stock market closed out another strong week just before the long weekend as optimism on an Iran deal helped push the S&P 500 and Dow to fresh record highs.
It was also the S&P 500’s eighth week of consecutive gains.
Cerebras Systems made a very successful Nasdaq debut today, at one point surging as high as 90% above its IPO price, pushing its valuation past $75 billion.
It's the biggest US IPO so far this year and another sign that the AI trade is still hot.
$CBRS
Despite a choppy week, the S&P 500 and Nasdaq still quietly climbed to yet another record high as investors resumed piling into AI and semiconductor stocks.
Strategy continues doubling down on Bitcoin, buying another 535 BTC and pushing its total holdings to nearly 819,000 coins — almost 4% of Bitcoin’s entire fixed supply.
$MSTR
Ryan Cohen is making a bold move with GameStop; the company is launching a roughly $56 billion bid to acquire eBay in an effort to take on Amazon.
$GME $EBAY
A top executive at Supermicro was arrested over an alleged scheme to secretly ship billions of dollars’ worth of AI servers—containing Nvidia chips—to China in violation of US export laws.
$SMCI is falling nearly 30% at the open.