Post-Bell|Nasdaq Gains 0.8% as Chip, Memory Stocks Rally; Apple Drops Nearly 2%, Tesla Off Over 1%

Tiger Newspress
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Stock Market

The U.S. major indexes closed as follows: Dow Jones down 0.38% at 51,786.72; S&P 500 up 0.36% at 7,568.92; NASDAQ up 0.83% at 25,372.01. The session finished mixed, with the NASDAQ and S&P 500 extending gains while the Dow Jones slipped. The broad tone still favored growth and technology shares, even as industrial and defensive areas lagged.

Unusual-move stocks were led by sharp gains in several chip and AI-related names, while a few high-volatility issues saw steep declines. Among the notable gainers, SanDisk Corp. rose 4.78% at $1,126.52, Advanced Micro Devices gained 3.65% at $483.90, NVIDIA added 2.29% at $206.69, Micron Technology advanced 2.58% at $855.10, and Oracle climbed 5.85% at $126.19.

Outside semis, Bloom Energy Corp jumped 9.05% at $214.01, NEBIUS rose 7.25% at $151.64, and Circle Internet Corp. increased 4.36% at $75.22.

On the downside, Apple fell 1.90% at $331.90, Palantir declined 1.65% at $175.40, and Tesla Motors fell 1.32% at $398.50.

In other active U.S.-listed names, several smaller stocks posted outsized moves, but the market remained highly selective. Chanson International Holding surged 241.24% at $3.38, Infobird Co., Ltd rose 38.83% at $1.43, Freight Technologies, Inc. gained 25.72% at $1.05, Jin Medical International Ltd. advanced 23.64% at $2.72, and Ambow Education Holding climbed 18.52% at $1.60.

Among the decliners, EZGO Technologies fell 30.54% at $0.55, Beyondspring Inc declined 22.94% at $0.62, Reto Eco-solutions Inc. fell 20.67% at $3.30, and Ebang International Holdings Inc. declined 20.63% at $1.50.

The mix suggests traders continued to favor stocks tied to AI infrastructure and a few speculative turnaround stories while punishing weaker balance-sheet or momentum names.

Other Markets

U.S. 10-year Treasury yield rose by 0.00%, latest at 4.95.

USD/CNH rose 0.0089%, at 6.72; USD/HKD fell -0.0062%, at 7.85.

U.S. Dollar Index rose 0.0196%, at 101.89.

WTI crude futures rose 0.67%, at 96.73 USD/bbl; COMEX gold futures fell -0.02%, at 3,939.60 USD/oz.

Top News

1. Arista Networks reported stronger third-quarter results and issued upbeat guidance on AI networking demand. The company said revenue rose 59% as demand for artificial-intelligence data-center products stayed strong. Management also pointed to a shift toward more network-centric AI infrastructure, which is supporting order momentum.

2. Super Micro Computer projected a much larger revenue range after reporting booming demand for AI servers. The company said its fiscal-year sales could reach as high as $82 billion, well above analyst expectations. Executives said a growing customer base is helping fuel the expansion.

3. Apple disclosed worsening memory and storage supply constraints in its latest filing. The company said industry-wide imbalances are lifting costs for key components and extending lead times. It also increased manufacturing purchase obligations by $33 billion to secure supply.

4. Booking Holdings said travel demand softened as geopolitical tensions weighed on long-haul trips. The company reported lower profit and sales, even though adjusted earnings beat expectations. Management said domestic travel remained resilient while international demand moderated.

5. CVS Health is preparing to update investors on how a federal drug program affects its health services business. The company’s 340B exposure has become a key focus ahead of earnings. Executives previously warned that the related financial headwind could last into next year.

6. Greenland’s parliament ratified a security agreement with the United States, Denmark, and Greenland. The deal expands the U.S. military role on the island and opens the door to two new bases. Lawmakers said the move is an important step for security and sovereignty.

7. Amgen reported a steep sales drop for its osteoporosis drug Prolia after biosimilar launches hit market share. Quarterly Prolia sales fell 45% from a year earlier. The company said lower volume, pricing pressure, and sales deductions all contributed to the decline.

8. Alphabet was identified as the recipient of a proposed $1.5 billion prepaid energy deal arranged by Goldman Sachs. The financing would provide upfront proceeds in exchange for future periodic payments tied to energy delivery. The structure could support long-term power supply needs.

9. Qualcomm is expected to report weaker revenue as smartphone demand slows and custom chip ramp-up continues. Analysts expect sales to decline from a year earlier, while earnings remain positive. The company’s outlook will be watched for signs of how Apple-related pressure affects future demand.

10. AMD said the rise of AI agents is increasing CPU demand across consumer and enterprise use cases. Chief Executive Lisa Su said adoption is still early but should accelerate as agents handle more complex work. The comments reinforced the company’s view that AI workloads will require more computing capacity and chips.

Sources: Reuters, Dow Jones, Tiger Newspress, public market dataDisclaimer: This content is for reference only and does not constitute investment advice.

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