Chip Stocks Sink Up to 5% as Wall Street Braces for Nvidia’s Earnings Reveal
Intel dropped 5%, AMD 4% and Micron 5.8% ahead of Nvidia’s Wednesday report, with the S&P 500 slipping to 7,652.86 amid analyst warnings of a possible 20% drawdown.
Markets
Dow Jumps 517 Points as Wall Street Fights Off Bond Market Pressure
The S&P 500 rose 0.4% and the Dow gained 517 points Friday, snapping a rough stretch even as jumpy bond markets kept pressuring stocks.
S&P 500 Gains 0.4% as 10-Year Treasury Yield Climbs to 4.73%
Wall Street trimmed weekly losses with the Dow up 517 points, but bond yields and Brent crude near $92.67 keep pressure building.
Small-Cap Fund Trails Russell 2000 Despite MACOM’s AI-Fueled Rally
Aristotle Capital’s Small Cap Equity Fund returned 13.69% in Q2 2026, lagging the Russell 2000’s 21.49% gain even as MACOM Technology Solutions rode data center and 5G demand higher.
Ashtead Technology Warns on Profit as Middle East Delays Push Work to 2027
Subsea equipment rental group Ashtead Technology flagged a revenue and profit miss after Middle East disruption and vessel scheduling delays pushed projects into 2027.
US Stocks Pull Back From Record Highs as Oil Prices Climb, Retail Earnings Loom
The S&P 500 slipped 0.4% and the Dow fell 284 points as oil prices rose, with major retailer earnings this week set to signal how consumers handle inflation.
Power Semiconductor Stocks Surge as Wolfspeed, ON Semi, STMicro Ride Vera Rubin Ramp
Wolfspeed jumped 6% and ON Semiconductor rose 3% after a Mizuho note flagged a faster NVIDIA Vera Rubin ramp anchored by xAI and Meta starting Q4 2026.
Wall Street Set for Flat Open as Anthropic’s Revenue Rockets 14-Fold
US futures point to a choppy open after Friday’s pullback, while Bloomberg reports Anthropic’s Q2 revenue jumped to $11.5 billion from $787 million a year earlier.
Sensex, Nifty Slide for Fifth Day as Crude Oil Nears $90
Sensex dropped over 300 points and Nifty slipped below 24,300 as oil prices climbed near $90 a barrel, dragging IT and PSU stocks lower amid West Asia tensions.
Why the 10-Year Treasury’s 5% Level Could Break Markets’ Trading Range
Treasury yields have climbed across the curve in 2026, with the 2-year up 70 basis points, as stretched equity valuations raise the odds of an earnings disappointment.