Stocks Supported by Strength in Chip Makers

From Nasdaq: 2025-05-14 12:14:00

The S&P 500, Dow Jones, and Nasdaq are all up today. Chip makers are driving market gains, with companies like Nvidia, AMD, and Amazon investing in AI projects. The Commerce Department is rescinding AI diffusion rules, shifting towards individual deals with countries. Mortgage applications rose, and upcoming data includes retail sales, PPI, and manufacturing production. Earnings season shows strong results, with over 80% beating estimates.

Overseas markets are mixed, with the Euro Stoxx 50 down. Interest rates are up slightly, with T-notes affected by strength in German bunds. Swaps predict an ECB rate cut. Chip stocks are rallying, with AMD and ARM leading gains. Health insurance companies are rebounding, with UnitedHealth and Molina Healthcare up. Super Micro Computer, Tesla, Exelixis, and Dynatrace are also performing well.

Regeneron Pharmaceuticals is up after an upgrade. Gold mining stocks are down as gold prices fall. American Eagle Outfitters withdraws guidance, Cboe Global Markets sees a downgrade. Loar Holdings and Target are down, while Consolidated Edison is also facing a downgrade. Earnings reports are expected from Cisco Systems, DXC Technology, Dynatrace, and others on 5/14/2025.



Read more at Nasdaq: Stocks Supported by Strength in Chip Makers