A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
The once-unbridled enthusiasm surrounding artificial intelligence (AI) stocks is facing a stark reality check, as emerging doubts about the actual profitability of AI investments trigger significant market volatility. A recent report from the Massachusetts Institute of Technology (MIT) has amplified these concerns, revealing that a vast majority of companies are
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A number of stocks fell in the morning session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
Stay informed about the performance of the S&P500 index in the middle of the day on Tuesday. Uncover the top gainers and losers in today's session for valuable insights.
Server solutions provider Super Micro (NASDAQ:SMCI) missed Wall Street’s revenue expectations in Q2 CY2025, but sales rose 7.5% year on year to $5.76 billion. Next quarter’s revenue guidance of $6.5 billion underwhelmed, coming in 2.9% below analysts’ estimates. Its non-GAAP profit of $0.41 per share was 6.6% below analysts’ consensus estimates.
Stay informed about the most active S&P500 stocks in today's session as we take a closer look at what's happening on the US markets on Tuesday. Discover the stocks that are generating the highest trading volume and driving market activity.
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Shares of server solutions provider Super Micro (NASDAQ:SMCI) jumped 3.7% in the afternoon session after it announced the expansion of its NVIDIA Blackwell system portfolio with new advanced cooling systems designed for AI factories. The technology company announced two new additions to its lineup: a 4U liquid-cooled system and an 8U air-cooled variant, both powered by NVIDIA's Blackwell architecture. These systems are specifically designed for the heavy workloads of large-scale AI training and cloud-scale inference. According to the company, the new products aim to streamline deployment and reduce operational expenses by simplifying cabling and improving thermal efficiency. CEO Charles Liang stated that the new systems will help achieve "greater power savings and faster time to online for AI Factory deployments," positioning the company to capitalize on the growing demand for powerful and efficient AI infrastructure.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Monday. Below you can find the top S&P500 gainers and losers in today's session.
Curious about the top performers within the S&P500 index in the middle of the day on Monday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
