On Tuesday, the Nasdaq hit new all-time highs, driven by robust earnings from tech firms in the artificial intelligence sector, such as AMD, Astera Labs, Lumentum, and Arista Networks. This rise comes despite a challenging year for the Zacks Internet Software industry, which has seen a 7.5% decline compared to the S&P 500's substantial gains. With earnings reports from Palantir, Coinbase, and Shopify on the horizon, traders are advised to employ risk-defined strategies amid heightened implied volatility in the market.
“The Nasdaq · hit · new highs · Tuesday”
“AI plays · were earnings movers · AMD, Astera Labs, Lumentum and Arista · late”
“The Nasdaq · hit · new highs · Tuesday”
“AI plays · were · earnings movers · late”
“AI plays · include · AMD”
“AI plays · include · Astera Labs”
“AI plays · include · Lumentum”
“AI plays · include · Arista”
“The Nasdaq · hit · new highs · Tuesday”
“AI plays · included · AMD, Astera Labs, Lumentum and Arista”
“Palantir · is reporting earnings this week”
“Advanced Micro Devices · is reporting earnings this week”
