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A number of stocks jumped in the afternoon session after strength across artificial intelligence and technology equities helped lift major market averages, offsetting macroeconomic headwinds from Treasury yields near 24-year highs.
Stock market rises slightly off key levels with Micron, Lumentum around buy points. Tesla deliveries, jobs report loom.
A number of stocks jumped in the afternoon session after strength across artificial intelligence and technology equities helped lift major market averages, offsetting macroeconomic headwinds from Treasury yields near 24-year highs.
It's leaving the past behind, and investors cheered the move.
10-year Treasury yields cooled off from the 2002 highs on Thursday.
Shares of network chips maker MACOM Technology Solutions (NASDAQ: MTSI) jumped 5.6% in the afternoon session after BMO Capital upgraded the stock to Outperform and the company announced plans to showcase its radio frequency and microwave innovations at European Microwave Week.
Space Exploration Technologies wants to become a semiconductor giant.
Shares of semiconductor company Semtech (NASDAQ:SMTC) jumped 5.1% in the afternoon session after StreetInsider reported that Oppenheimer raised its price target on the company's stock to $225 from $200 and reiterated an Outperform rating.
Nutanix has delivered a powerful share price run over the past few years, which puts fresh focus on whether the business is now priced fairly against the cash it is expected to generate. With the stock recently closing at US$71.52, the key issue is how that market value lines up with what its cash flows suggest the company may be worth. Over the past 3 years Nutanix has returned 104.9%, which raises the question of how much future cash generation is already reflected in the current share...
Shares of global professional services company Jacobs Solutions (NYSE:J) jumped 3.3% in the afternoon session after it extended gains from the previous session as the company was selected by NVIDIA to deploy its Data Center Digital Twin platform at a large U.S. research and development facility, according to the company’s press release. The work is a three-year SaaS agreement built on NVIDIA Omniverse libraries. Jacobs will use the digital twin to optimize energy demand, monitor operations, and
S&P Dow Jones Indices added Vylor to the S&P 500 immediately and set Twilio to join before the open on Tuesday, pushing Corteva into the MidCap 400.
Taiwan Semiconductor is a reasonably priced AI investment.
A number of stocks jumped in the afternoon session after Accenture’s stronger-than-expected results and above-consensus fiscal 2027 outlook lifted IT consulting and business-services peers, while IBM separately announced a self-hosted deployment option for IBM Bob aimed at enterprise AI sovereignty and governance. Accenture guided fiscal 2027 revenue growth of 3%–6% after a Q4 revenue beat (~$18.7B), easing fears that AI would hollow out traditional consulting and outsourcing demand and sparking
Shares of IT infrastructure services provider Kyndryl (NYSE:KD) jumped 5.8% in the afternoon session after the company opened its first U.S. AI Innovation Lab in the Dallas–Fort Worth area. According to the company press release, the site could create up to 300 roles in AI, technology consulting, and design engineering over four years. Kyndryl also published its first global Modernization Report, surveying 2,000 business and technology leaders and finding that AI adoption is pushing enterprises
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End-to-end continuum of care, powered by medical exoskeletons, an expanded global clinical network, and trailblazing R&D capabilities, expands options for upright mobility, from rehabilitation to everyday lifeNEW YORK and SAN RAFAEL, Calif., Oct. 01, 2026 (GLOBE NEWSWIRE) -- Wandercraft today announced the acquisition of Ekso Bionics, Inc. from a subsidiary of ChronoScale Holdings Corporation (Nasdaq: CHRN), bringing together two leaders in robotic mobility. The two companies contribute compleme
Investing.com -- S&P Dow Jones Indices announced a series of benchmark rebalancings on Thursday afternoon, driving targeted after-hours gains in newly elevated components. The adjustments, effective prior to the market open on Tuesday, Oct. 6, reflect ongoing corporate M&A activity and capital structure transformations across several sectors.
A number of stocks jumped in the afternoon session after Accenture’s stronger-than-expected results and above-consensus fiscal 2027 outlook lifted IT consulting and business-services peers, while IBM separately announced a self-hosted deployment option for IBM Bob aimed at enterprise AI sovereignty and governance. Accenture guided fiscal 2027 revenue growth of 3%–6% after a Q4 revenue beat (~$18.7B), easing fears that AI would hollow out traditional consulting and outsourcing demand and sparking
This innovative business is currently in a major transitional period, and the future is unknown.
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