US stocks rose early Tuesday as earnings rolled in, with Palantir’s outlook fueling faith in AI demand and precious metals surging. The Nasdaq Composite rose 0.2%, the S&P 500 edged up by 0.1%, and the Dow Jones Industrial Average led gains on Monday with a 500-point advance. The S&P 500 is eyeing a record after Palantir’s strong quarterly results. Revenue surged, driven by demand for its AI platform. Investors are watching Nvidia and OpenAI amid cooling relations. Chipmaker AMD’s earnings report is awaited. PayPal’s stock tumbled over 16% after missing estimates and appointing a new CEO. Disney named parks chief Josh D’Amaro as its next CEO, replacing Bob Iger. Gold and silver surged, with gold eyeing its biggest daily gain since 2008. Space stocks rose after SpaceX announced acquisition plans. AES stock jumped as BlackRock and EQT bid for the power firm. Silver’s rally turned into a “death trap” for retail investors. Samsung’s best day since 2008 powered a South Korean stock rally. NXP stock fell despite beating earnings. Intel, Sandisk, Micron, AMD, and Alibaba were premarket movers. Palantir’s stock surged after beating earnings on strong sales to US businesses. Gold climbed again after a record-breaking rally. TDK shares rose after issuing a strong profit forecast.
Read more at Yahoo Finance: Dow, S&P 500, Nasdaq edge higher as Palantir lifts tech hopes, earnings flood in
