Chicago Bulls Mascot Benny the Bull dunks the ball during the halftime show of the Missouri Valley Conference college basketball game between the Loyola-Chicago Ramblers and the Illinois State Redbirds on February 2, 2019.

(Michael Allio/Getty Images)

Stocks trade higher as tech rebound continues

Tech was the best-performing sector for the second consecutive session.

2/9/26 4:02PM

The S&P 500, Nasdaq 100, and Russell 2000 all climbed higher, with the benchmark index trading just below its record closing high. Tech was the best-performing sector for the second consecutive session.

The price of bitcoin stabilized after sinking below $70,000 this morning, but meme coins Pepe, shiba inu, bonk, pengu, dogwifhat, and trump continued to slide.

Japan’s Nikkei 225 soared to a record high after the ruling Liberal Democratic Party won the lower house election in a landslide victory.

This week brings delayed economic data, including the January jobs report on Wednesday and January’s consumer price index on Friday, both of which could offer clues into the Fed’s interest rate plans.

Stocks that moved higher:

Oracle powered higher as DA Davidson gave the stock a “buy” rating on the belief that OpenAI is increasingly likely to be able to make good on billions of dollars’ worth of planned spending on computing power at Oracle.
AppLovin jumped after CapitalWatch announced “significant revisions” to the report that alleged AppLovin is a money-laundering operation for “transnational criminal kingpins.” However, CapitalWatch says its stance on company “remains unchanged.”
Roblox spiked as Roth Capital upgraded the stock and hiked its price target, citing growth in 18-plus users.
Kroger gained on a report that it plans to name former Walmart US executive Greg Foran as its CEO.
SoFi Technologies rose after Citizens upgraded its stock to “market outperform” from “perform,” with a price target of $30.

Stocks that moved lower:

Hims & Hers tumbled after being sued by Novo Nordisk, which is accusing Hims of infringing on one of its key patents for semaglutide, the active ingredient in Ozempic and Wegovy.
AMC sank following its filing to sell up to $150 million in stock.
Workday slid as CEO Carl Eschenbach stepped down, with cofounder Aneel Bhusri returning as CEO.
Micron and Sandisk dipped after a weekend report that Samsung is beginning “mass production” of its latest memory product, HBM4, slightly earlier than expected.

J. Edward Moreno1h

Lumentum jumps on Nasdaq-100 Index inclusion

Lumentum rose in early trading on Monday after Nasdaq announced on Friday that it would add the optics company to its benchmark index alongside some of the world’s biggest tech companies.

Lumentum makes optical components that use light, rather than traditional copper interconnects, to move data within and between servers in data centers. Its technology is increasingly seen as critical for scaling artificial intelligence capacity.

The stock rose 4.8% in premarket trading by 6 a.m. ET. Shares are up 134% since the start of the year through Friday’s close.

On May 18, it will join the Nasdaq-100 Index, which underpins millions of portfolios. It will replace CoStar Group, a real estate data company.

Lumentum Holdings Inc. to Join the Nasdaq-100 Index® Beginning May 18, 2026

The stock rose 4.8% in premarket trading by 6 a.m. ET. Shares are up 134% since the start of the year through Friday’s close.

On May 18, it will join the Nasdaq-100 Index, which underpins millions of portfolios. It will replace CoStar Group, a real estate data company.

First passengers leave HV Hondius amid suspected hantavirus concerns in Tenerife

Investors really want Moderna to whip up a hantavirus vaccine

The company told Bloomberg it is in the early stages of researching vaccines to protect against hantaviruses.

J. Edward Moreno2h

Robinhood traders bought the dip — and that one, that one, and that one

Everyone wants to know what Robinhood traders are doing. Subscribe to EntryPoint to find out.

David Crowther, Luke Kawa3h

Tasha Matsumoto

5/8/26

Stocks close at new records, led by chip stocks, as April jobs report surprises to upside

Stocks posted their sixth consecutive weekly gain as April payrolls quelled economic fears.

UNITED STATES - JUNE 12: Basketball: finals, Closeup of Chicago Bulls Michael Jordan victorious with wife Juanita and trophy after game vs Los Angeles Lakers, Los Angeles, CA 6/12/1991

Paige Oamek5/8/26

Akamai climbs to highest level since 2000 after reportedly securing Anthropic as a customer

Akamai’s billion-dollar AI infrastructure customer is Anthropic, Bloomberg reported on Friday. The cloud services company extended gains to trade up over 25% following the news.

On Thursday, the company announced a seven-year, $1.8 billion commitment from a “leading frontier model provider.”

Anthropic has been on a mad scramble to boost compute capacity after facing widespread complaints about Claude usage limits and seeing OpenAI position its accumulation of computing power as a competitive advantage.

In a little over a month, Anthropic has struck or expanded deals with CoreWeave, Amazon, Google, Broadcom, as well as xAI (through SpaceX).

As part of that xAI pact, Anthropic announced that it would be increasing usage limits for paying customers.

Akamai Technologies jumps on $1.8 billion cloud infrastructure deal