McDonald’s (MCD) shares are inching higher on Tuesday after the fast-food giant delivered steady Q2 performance, supported by an aggressive value push and accelerating digital adoption. For its second financial quarter, MCD recorded a better-than-expected $3.38 per share of earnings (EPS), on a 4% year-over-year increase in revenue to $7.1 billion – which nonetheless missed
Shares of SK Hynix rose on Tuesday after the memory-chip maker received a wave of bullish analyst initiations following its recent US listing, while also unveiling a new open standard for AI memory technology with Sandisk. The company’s American depositary receipts climbed more than 5% as multiple Wall Street firms initiated coverage with Buy-equivalent ratings.
Micron Technology shares MU surged more than 8% on Tuesday after Bank of America reaffirmed its bullish stance on the memory-chip maker, arguing that the recent weakness in semiconductor stocks presents an “enhanced buying opportunity” rather than a deterioration in the company’s long-term outlook. The rally also reflected improving sentiment across Wall Street, with the
Intel (INTC) shares have surged 10% on Tuesday. The semiconductor company’s stock has staged a dramatic comeback in 2026 – currently trading at more than 2x its price at the start of this year. However, despite recent technological advancements and foundry wins, the company has yet to hit a significant operational milestone: achieving GAAP annual
Nvidia stock (NVDA) rose on Tuesday, extending a recent rebound as renewed optimism surrounding artificial intelligence infrastructure lifted semiconductor stocks and helped drive US equities to fresh record highs. The stock gained 2.3% to $211.48 in early trading after climbing 2.9% in the previous session. Other chipmakers also advanced sharply, with Advanced Micro Devices and
Shares of CoreWeave CRWV climbed 8.77% to $93.28 in morning trading on Tuesday after the AI cloud infrastructure company announced its expansion into Indonesia and received a bullish analyst initiation that reinforced optimism around its long-term growth prospects. The move marked CoreWeave’s first data center presence in the Asia-Pacific region. The company said it will
US-listed shares of Novo Nordisk fell more than 6% on Tuesday after the Danish drugmaker released its second-quarter financial results and updated its full-year outlook a day ahead of its scheduled earnings announcement, with investors focusing on softer-than-expected sales of its oral Wegovy weight-loss drug. Novo Nordisk’s American depositary receipts declined despite the company narrowing
A busy day across technology, commodities and global markets saw Anthropic deepen its investment in AI infrastructure with a multibillion-dollar computing agreement, while Apple escalated its legal battle against OpenAI over alleged trade secret theft. Elsewhere, gold prices advanced as falling oil eased inflation concerns, and crude prices slid on renewed hopes for a diplomatic
Stocks rallied sharply on Tuesday, sending both the Dow Jones Industrial Average and the S&P 500 to fresh record highs as strong corporate earnings and another steep decline in oil prices boosted investor sentiment. Optimism over artificial intelligence spending continued to build after upbeat results from Palantir Technologies and Caterpillar, while hopes for easing tensions
SpaceX (SPCX) shares slipped in after-hours trading late Tuesday as Wall Street delivered a muted verdict on the company’s inaugural quarterly financial report. In its first public earnings update since a record-setting initial public offering on June 12, SpaceX reported second-quarter revenue of $7.81 billion, beating analyst estimates of $6.93 billion and surging 92% from