Nvidia has paused revenue-sharing deals with AI cloud companies, according to a Wall Street Journal report. The move could affect the economics of AI infrastructure partnerships.
The S&P 500 gained 0.71% to 7,730, and the Nasdaq Composite jumped 1.57% to 26,541, led by chip strength. The Dow Jones Industrial Average rose 0.20% to 53,569.
Microchip Technology has moved up to the 47th spot in analyst recommendations among S&P 500 components, passing DoorDash. The ranking change reflects shifting analyst sentiment toward the two stocks.
Microchip Technology moved up two spots to become the 47th ranked analyst pick among S&P 500 components. The ranking reflects averaged analyst opinions from major brokerages.
Boeing ranks as the sixth most favored broker pick among the 30 Dow Jones Industrial Average stocks. The ranking is based on average analyst recommendations at major brokerages.
Teradyne declared a quarterly cash dividend of $0.13 per share, payable September 25, 2026, to shareholders of record on September 4, 2026. SM Energy's board approved a quarterly cash dividend of $0.22 per share.