Market Briefs

Advanced Micro Devices (AMD) shares rose 6% to $506 after raising its 2030 AI market forecast to $2 trillion.

Qualcomm (QCOM) stock surged toward $185 intraday as AWS's $60B warrant deal boosts its AI push.

Palantir (PLTR) trades near $414B as Michael Burry warns its consulting-like books could send it below $100B.

Apple (AAPL) shares are up 21% this year as investors await CEO John Ternus's first iPhone event on Sept. 9.

Treasury yield (US10Y) nears 4.80% as $8.4T in debt rolls over, stirring stock and credit jitters.

Bombardier (BBD.B:TSX) gained 3.6% as Trump threatened a US sales ban and Canada's $20B tariffs took effect.

Japan's yen (JPY) hit a seven-month high as markets price an 80% BOJ hike chance next week.

South Korea's Kospi jumped 4.6% and Japan's Nikkei rose 2.1%, led by Samsung (005930.KS) chip stocks.

Brent crude (BZ=F) hit $97.73 Monday as Iran set a new zone beyond Hormuz and vowed more strikes.

Meta plans to start making its custom Iris AI chip in September, aiming to double data center power to 14 gigawatts by 2027 and cut reliance on Nvidia.

Oracle's record $638 billion order backlog hasn't stopped its shares from losing more than half their value since OpenAI concentration fears took hold.

Spot Bitcoin ETFs had their best month of 2026, but Bitcoin has slid since as traders price in near-70% odds of a Fed rate hike this month.

Europe's biggest carmaker will cut 50,000 more jobs and half its model lineup to fight Chinese EV competition and US tariffs, sending shares up sharply.