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Super Micro Computer surged as much as 26.6% intraday before closing up nearly 20% at $30.56 after the AI server maker released strong preliminary quarterly results alongside a wave of large new AI infrastructure orders. The company disclosed more than $60 billion in order backlog for its fiscal fourth quarter and sharply raised gross margin guidance to a range of 15% to 17%, up from the 8.2% to 8.4% projected in May. Super Micro also launched its H15 AMD-based server family

Wall Street faces one of the busiest stretches of the summer this week, with the Federal Reserve's policy decision due Wednesday, July 29, alongside a wave of mega-cap earnings that includes Microsoft, Meta, Amazon and Apple. The FOMC meeting comes after a volatile week in which the S&P 500 finished nearly flat at 7,411.98 while the Nasdaq slipped as chip stocks weakened. Several portfolio names are on the earnings calendar. Coca-Cola reports Tuesday, looking to extend a stro

Riot Platforms shares advanced after Morgan Stanley initiated coverage with an Overweight rating and a $36 price target, citing the bitcoin miner's large power footprint and its potential to monetize capacity through both mining and AI data-center leasing. The initiation lands as Riot repositions itself as a revenue-generating data center operator. The company reported 42.5 EH/s of deployed hash rate and 1,473 bitcoin produced in its most recent quarterly update, and it has c

Cal-Maine Foods and other major U.S. egg producers agreed to pay $3.3 million and donate 53 million eggs to resolve government claims that they colluded to raise egg prices between 2022 and 2025. No company admitted wrongdoing as part of the settlement. The resolution removes a legal overhang for Cal-Maine, the largest U.S. egg producer, which has navigated years of scrutiny over pricing during avian-flu-driven supply shortages that sent retail egg prices to records. Investor

Brent crude fell roughly 4% on Friday to settle near $97 a barrel, its largest one-day decline since late June, pulling back from the $100-plus levels reached earlier in the week after Houthi militants attacked two Saudi tankers in the Red Sea. The retreat offers a pause rather than an all-clear. Oil shipments remain under threat on multiple fronts — the Strait of Hormuz, the Red Sea and the Black Sea — and some analysts warn Brent could push toward $120 or beyond if the esca

Delta Air Lines was highlighted among airline stocks worth watching this weekend, with Barchart making the case for the carrier as a top pick for the remainder of 2026 on the strength of its premium cabin revenue and loyalty program economics. Delta's second-quarter results, reported July 10, beat Wall Street expectations even as high fuel costs pressured margins — a contrast with American Airlines, which sank last week after cutting guidance despite its own Q2 beat. With Bre

Walmart shares edged lower after its Mexican unit, Walmex, reported a decline in second-quarter profit and warned of softening consumer spending. The stock closed near $108.40 on Thursday and traded around $109 Friday, down more than 6% over the past month and underperforming the S&P 500. The Walmex warning adds to scrutiny of Walmart's premium valuation, with the stock trading at roughly 40 times earnings, and comes as the company navigates a COO transition. Technical indica

Stocks closed out a turbulent week on a mixed note Friday. The Dow Jones Industrial Average gained 235.60 points, or 0.46%, to 51,947.25, while the S&P 500 added just 0.05% to finish at 7,411.98. The Nasdaq Composite fell 0.64% to 24,975.82 as chip and technology shares extended their slide. All three major indexes posted weekly losses, led by a roughly 2% decline for the Nasdaq, as investors weighed tech capital-spending concerns against ongoing Middle East tensions. A 3.5%

Silver miners came under pressure Friday as spot silver slipped below roughly $61 per ounce. Hecla Mining fell nearly 6% on the commodity weakness, with Pan American Silver declining alongside the broader precious-metals complex. The pullback follows a strong stretch for the group. Hecla is debt-free after retiring its last senior notes in April and holds a $225 million undrawn revolver, while Pan American reported record cash of about $1.6 billion in the first quarter and is

Robinhood shares fell sharply Friday, trading as low as $93 intraday before recovering some ground, after CEO Vlad Tenev's X account was compromised and used to promote a fraudulent token on Robinhood Chain. The fake token logged nearly 1,900 transactions before being flagged as a scam, with hack-linked wallets reportedly extracting about 650 ETH. The security incident lands at a sensitive moment: Robinhood reports second-quarter earnings on July 29. Wall Street expects earni

Verizon reported second-quarter adjusted earnings of $1.30 per share on Friday, topping the $1.27 consensus, though revenue of $34.3 billion slipped 0.7% from a year earlier and came in below estimates. Shares rose about 2.8% to $45.06 as investors looked past the top-line miss. Management pointed to record adjusted EBITDA margins, surging free cash flow, and improved customer quality with lower churn, describing the quarter as a structural inflection in the business. The com

A new round of U.S. tariffs covering roughly 60 trading partners took effect Friday morning, with duties of 10% to 12.5% applied to goods representing about 99.4% of U.S. imports. The measures, built on Sections 301 and 232 authority as the temporary Section 122 tariffs expire, cap EU and Taiwan duties at 10% and Swiss and Japanese goods at 12.5%. The rollout lands after a rough Thursday on Wall Street: the S&P 500 fell 1.2%, the Dow lost about 507 points, and the Nasdaq drop

Brent crude settled above $100 a barrel on Thursday for the first time in nearly two months, closing at $100.68, while WTI briefly crossed $100 intraday before settling near $92. The spike followed Houthi attacks on two Saudi tankers in the Red Sea and renewed U.S.-Iran hostilities around the Strait of Hormuz. Regional crude flows have been severely disrupted, with Middle East seaborne exports down roughly 82% from January levels. Energy majors have been among the year's best

American Airlines reported second-quarter adjusted earnings of $0.15 per share on Thursday, well ahead of the $0.03 analysts expected, as revenue rose 16% to $16.74 billion — slightly below consensus. Despite the bottom-line beat, shares fell 8% on the session. The selloff was driven by a cut to full-year guidance: American now expects 2026 adjusted results ranging from a loss of $0.65 per share to a profit of $0.65, below the range it gave in April. Management cited softer d

AT&T shares climbed about 5% after the carrier posted second-quarter adjusted earnings of $0.65 per share, beating the $0.59 consensus, on revenue of $31.6 billion, up 2.3% from a year ago. Postpaid phone net additions of 432,000 easily topped the roughly 338,500 analysts had forecast. Broadband momentum continued, with 646,000 total internet net additions — 367,000 from fiber and 279,000 from fixed wireless. AT&T held its full-year outlook of $2.25 to $2.35 in adjusted EPS a

DraftKings shares closed at $22.81 on Thursday, down about 34% year to date and nearing the stock's 52-week low of $20.46, after a 4.3% drop earlier in the week. Stifel trimmed its price target, citing customer-friendly June sports outcomes and roughly $125 million of investment tied to prediction markets and World Cup marketing. The company's DKeX prediction-markets push remains a focal point for traders, offering a potential new growth avenue but adding near-term spend at a

Longevity figure Bryan Johnson says he has cloned himself "as a newborn," calling it his latest anti-aging experiment — weeks after an autoimmune gastritis diagnosis. Scientists remain deeply skeptical.

Hertz Global Holdings shares touched a fresh 52-week low this week after the company priced a dilutive stock offering and lowered its second-quarter outlook. Hertz sold roughly 37 million shares at $2.70 apiece — a 10% discount to the prior close — alongside an upsized $300 million exchangeable notes offering and a separate $100 million share sale. The company now expects second-quarter adjusted EBITDA of $50 million to $80 million, near the low end of its earlier range, citi

U.S. stocks rallied Tuesday, snapping a three-day losing streak, as strong corporate earnings and semiconductor strength outweighed lingering concern over the Iran conflict. The Dow Jones Industrial Average rose 385.38 points, or 0.74%, to close at 52,224.64. The S&P 500 advanced 0.89% to 7,509.20, while the Nasdaq Composite gained 1.29% to 25,837.21, led by chipmakers including Micron, which surged 12%. Earnings drove much of the optimism. 3M jumped more than 7% after postin

Stifel raised its price target on Freeport-McMoRan to $80 from $76 while maintaining a Buy rating, pointing to a favorable copper backdrop even as the miner works through production pressure at its Grasberg mine in Indonesia. Shares recently traded near $61.52, up 18.5% year to date. Copper has been volatile in recent weeks — FCX fell nearly 5% on July 8 amid broader weakness in copper prices — but electrification and data center demand continue to support the metal longer te