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Riot Platforms shares jumped as much as 20% Tuesday after the bitcoin miner signed a $9.1 billion compute agreement with AI developer Anthropic. Under the deal, Riot will supply 191 megawatts of capacity from its Rockdale, Texas campus to support Anthropic's AI workloads, with two extension options that could lift the total contract value to $16.1 billion. The agreement is the latest and largest sign of bitcoin miners repositioning themselves as AI infrastructure providers, c

U.S. stocks pulled back Tuesday as the impasse between Washington and Tehran over reopening the Strait of Hormuz kept oil prices elevated heading into today's key inflation data. The Dow Jones Industrial Average fell 184 points, or 0.34%, to 53,791.85, the S&P 500 slipped 0.32% to 7,728.20, and the Nasdaq Composite shed 0.6% to 26,445.45. Communication services led the decliners, with Alphabet down 3.8%, while crude futures climbed more than 1% as hopes faded for a near-term

Robinhood launched crypto trading in the United Kingdom this week through its Bitstamp UK unit, letting British users buy and sell more than 50 digital assets, including bitcoin, ether and XRP, inside the same app they use for stocks, ISAs, options and futures. The service launches with zero trading fees and no account maintenance or custody charges. The rollout extends Robinhood's push to diversify beyond its home market and beyond transaction-driven crypto revenue. In its m

Delta Air Lines is emerging as the clear leader among U.S. carriers in 2026, with shares up roughly 24.5% year to date and trading near $91. Investors are rewarding resilient travel demand, premium cabin revenue growth and disciplined capacity management, along with the high-margin loyalty revenue generated by Delta's American Express partnership. The company recently raised its dividend 15% and reaffirmed its full-year outlook after an earnings beat. The picture is starkly d

Super Micro Computer reported fiscal fourth-quarter results after the close Tuesday, posting revenue of $11.1 billion, slightly below the $11.55 billion analysts expected, alongside earnings of $1.62 per share that comfortably beat the $0.96 consensus. Gross margins landed in the 15% to 17% range, well above the roughly 8% the company had guided to earlier in the year, helped by a favorable customer and product mix. The headline number, however, was guidance. Management forec

Bank of America raised its price target on Robinhood Markets to $140 from $132 and maintained a Buy rating, citing momentum after the brokerage's strong second quarter. Robinhood reported revenue of $1.3 billion, up 32% year over year, driven largely by a tenfold surge in prediction-markets revenue, with earnings of $0.62 per share topping estimates. The company is also preparing to take Robinhood Ventures Fund II public in mid-August, expanding its push to give retail invest

West Texas Intermediate crude briefly crossed $100 a barrel on Tuesday for the first time in nearly two months, extending a rally that saw prices jump roughly 6% over the past 24 hours to trade near $92. The surge, fueled in part by stalled U.S.-Iran negotiations over the Strait of Hormuz, made energy the market's leading sector on Monday even as the broader indexes slipped. Oil majors rode the move higher. BP's U.S.-listed shares jumped about 2.1% after the company reported

Barry Diller's People Inc. is pressing an $18 billion bid to take MGM Resorts International private at $48.30 per share, and the proposal is now drawing legal attention. A securities law firm said this month it is investigating potential conflicts of interest in the deal, noting that Diller sits on MGM's board while People Inc. already holds roughly a 26% stake in the casino operator. MGM has formed a special committee of independent directors to evaluate the unsolicited offe

Freeport-McMoRan shares advanced as copper prices strengthened on tariff-driven dislocations and tightening supply signals in the U.S. market. With 50% levies on imported copper products in effect since August 1, domestic prices have pushed to records as buyers hoard metal and cross-border supply chains adjust. As the largest U.S.-based copper producer, Freeport is widely seen as a beneficiary of the premium American copper now commands over global benchmarks. Morgan Stanley

The bond market sold off Monday, with the 10-year Treasury yield climbing six basis points to 4.71%, as the sharp rally in crude oil revived inflation worries days before the July consumer price report. The move pressured equities, with the S&P 500 slipping 0.06%, the Dow falling 0.11%, and the Nasdaq 100 dropping 0.34%. The selloff spread overseas, with government bonds in Australia and New Zealand following Treasuries lower in Tuesday trading. U.S. stock futures steadied Tu

Copper climbed to a new all-time high in New York, with September Comex delivery touching $6.7045 per pound — roughly $14,781 per tonne — surpassing the previous intraday peak of $6.69 set in mid-May. The record reflects a squeeze on two fronts: tariff-driven stockpiling has pulled unusually large volumes of metal into U.S. warehouses, while global mine supply continues to tighten. Freeport-McMoRan, the largest U.S.-listed copper producer, is among the most direct beneficiari

Super Micro Computer disclosed a preliminary fourth-quarter business update showing total new orders in excess of $60 billion received during the quarter, lifting its backlog to record levels ahead of its fiscal Q4 report Tuesday after the close. The company said revenue is tracking near the low end of its $11.0 billion to $12.5 billion guidance range, but gross margins are estimated at 15% to 17% — roughly double the 8.2% to 8.4% it had guided — on a favorable customer and p

Silver breached the $100-per-ounce mark for the first time on record, climbing nearly 4% in morning trading to $100.10. The milestone extends a historic run for precious metals that has made materials one of the market's leading sectors this year. The rally is flowing directly into silver producers' financials. Hecla Mining recently reported operating cash flow up 61% year over year to $175 million, with free cash flow more than doubling to $136 million and consolidated cash

Oil prices were choppy Monday as traders weighed conflicting signals on whether the U.S. and Iran can reach a deal to reopen the Strait of Hormuz. Brent crude for October delivery rose 0.81% to $84.23 a barrel, while U.S. West Texas Intermediate advanced 0.83% to $78.83. Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with Washington, and Iran has asked for compensation as a condition of reopening the waterway. The strait remains effective

Bank of America raised its price target on Coca-Cola to $100 from $95 and reiterated its Buy rating, calling the 107-year dividend payer attractively valued after a strong second-quarter report. Coca-Cola's Q2 results showed net revenue up 7% to $13.4 billion and earnings per share up 11% to $0.97. The company also raised its full-year outlook, now projecting 5% organic revenue growth and 9% to 10% EPS growth for 2026. Shares closed at $87.10 on Monday, leaving roughly 15% up

Goldman Sachs added United Parcel Service to its US Conviction List in its August update, citing the completed Amazon volume transition and structural cost leverage emerging from the carrier's network redesign. UPS shares closed Friday at $104.50, up 1.3%, still about 14% below their 52-week high. The endorsement lands alongside a fresh $1.64 quarterly dividend declaration payable September 3, extending a streak of maintained or increased dividends every year since the compan

Wall Street heads into the week of August 10 perched at record levels, with the S&P 500 closing Friday at an all-time high of 7,757.64 and the Nasdaq climbing 1.3% to 26,690.62. The rally was fueled by a surprise July jobs report showing employers cut 23,000 positions, which boosted bets on a Federal Reserve rate cut in September. The next test comes Wednesday, when the July Consumer Price Index lands at 8:30 a.m. Consensus expects headline inflation to ease to 3.4% year over

Super Micro Computer shares rose about 6% Friday to $31.13 after the company unveiled new high-density, liquid-cooled AI data center racks that ship factory-integrated for rapid rack-scale deployment. The move reinforces the company's position as a core hardware supplier for the AI buildout. Adding to the momentum, AMD and Spectro Cloud introduced the AMD Instinct Coder turnkey inference solution built on Supermicro GPU systems, underscoring the company's role in enterprise A

Kroger's retail media arm, Kroger Precision Marketing, is partnering with TikTok to let advertisers use the platform's self-service tools to target ads to Kroger shoppers based on purchase data. The deal expands a data-driven advertising model the grocer already runs on YouTube through an earlier Google collaboration. Retail media has become a key profit lever for Kroger as its core grocery business faces pricing pressure from Walmart and Costco. The company is also leaning i

Hecla Mining shares have climbed from the mid-$14s to around $16.85 as of Friday, riding a silver rally that pushed the metal near $61.81 an ounce. The advance caps a strong stretch for the largest US silver producer following its second-quarter report. While Q2 revenue of $333.9 million missed consensus, the underlying operations impressed: operating cash flow jumped 61% year over year to $175 million, free cash flow doubled to $136 million, and silver output rose 8% sequent