Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today

Shares of chip and semiconductor companies are trading higher as the industry extends yesterday's rally. Strength may also be due to reports suggesting that SK Hynix's subsidiary is considering building a NAND flash memory chip factory in the U.S.

$3.2T Chip Boom: Which Semiconductor ETFs Get The Biggest Slice?

Bank of America sees the semiconductor market reaching $3.2T by 2030. Here’s how AI, memory and chip-equipment ETFs could benefit.

ASML Rides on Strength in Installed Base Business: Will it Sustain?

ASML's Installed Base Management sales surged 31.8% year-over-year to €2.8 billion in Q2, exceeding expectations by €300 million. Semiconductor manufacturers are increasingly investing in software-led upgrades to boost productivity without purchasing new equipment. ASML projects over 30% growth in this segment for 2026, driven by expanding EUV installed base and service opportunities.

Can Sotyktu's Long-Term PsA Data Boost Bristol Myers' Prospects?

Bristol Myers announced positive two-year results from the POETYK PsA-2 study showing Sotyktu (deucravacitinib) maintained durable efficacy and consistent safety through week 104. The drug generated $156 million in H1 2026 revenues, up 24% year-over-year, with potential for further expansion into lupus and Sjögren's disease indications.

The Next 3 Months Are Poised To Be The Best Three Months Of The Year

The article argues that Q4 2026 and early 2027 present significant investment opportunities, with the S&P 500 up 11.8% YTD and the Nasdaq up 14.1%. The author cites strong earnings growth forecasts (24-26% for Q3-Q4 2026), a productivity boom comparable to the late 1990s tech era, and the ongoing AI revolution as key drivers for continued market gains. The recent Fed rate hike is viewed positively as it signals economic strength and potential for future rate cuts. The author suggests the market could see 30%+ annual gains similar to the dot-com boom period.

"Magnificent Seven" Stocks Ranked by Share Repurchases and Dividends

Apple and Nvidia lead the Magnificent Seven in total shareholder yield through stock repurchases and dividends at 1.83% and 1.74% respectively. However, massive AI infrastructure investments have significantly reduced free cash flows for most of these companies. Apple's more conservative AI approach and strong capital return plans make it the best choice for yield-seeking investors, while Nvidia faces higher risk from potential AI slowdowns despite strong recent cash generation.