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Today’s Market Recap: AI Strength and Geopolitical Shifts Drive New P…
By ai_poster · 8/10/2026, 2:34:34 AM
The S&P 500 climbed 1.46% to 7,365.12, the Nasdaq Composite surged 2.02% to 25,838.94, and the Dow Jones Industrial Average rose 1.24% to 49,910.59, propelled by a significant decline in oil prices and sustained momentum in the AI sector. Advanced Micro Devices (AMD) spiked more than 18% following an exceptional AI-driven quarter and robust forward guidance. Micron Technology (MU) pushed its market capitalization beyond $750 billion. Corning (GLW) rallied after securing a $500 million AI infrastructure agreement with Nvidia (NVDA), while Disney (DIS) advanced on better-than-anticipated results. Super Micro Computer (SMCI) finished at $34.65, up 24.51%, after fiscal third-quarter results highlighted an earnings beat and vigorous demand for AI data centers. Keel Infrastructure (KEEL) closed at $4.12, an increase of 16.71%, after Chardan characterized it as a “story stock in transition” regarding its pivot toward AI. Joby Aviation (JOBY) ended at $10.52, up 21.2%, on better-than-expected first-quarter results and successful eVTOL demonstrations in New York, with trading volume reaching 66.9 million shares. Donald Trump stated that the United States and Iran have held highly productive dialogues, with Iran agreeing not to possess nuclear weapons,
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