The Dow gained 0.27%, reaching 52,366.45 in late morning trading. However, the majority of the climb came from just two of its highest-priced constituents.
U.S. stocks hovered near unchanged levels at midday on Wednesday, as gains in the Dow and energy shares balanced out declines among small-caps ahead of significant earnings from leading technology companies.
Shares of InMed Pharmaceuticals Inc. climbed 21% to $1.87 during late-morning trading on the Nasdaq. Mentari Therapeutics, which is merging with InMed, revealed a $200 million private placement.
Shares of Micron Technology, Inc. dipped 0.3% on Wednesday following a 12.2% jump in the previous session. The surge lifted the company's market capitalization by roughly $119 billion, according to an initial estimate.
NEW YORK, July 22, 2026, 11:13 EDT - IREN Limited advanced 26% after the open as recent artificial intelligence collaborations reduced its GPU funding requirements.
Shares of Bitmine Immersion Technologies, Inc. climbed 4.6% to $18.02 in early Wednesday trade as investors analyzed the company’s recent focus on buybacks in its weekly capital allocation.
NEW YORK, July 22, 2026, 10:20 EDT – Shares of Lakewood-Amedex soared following an update on its Nu-3 program, as trading volume surged to over 200 times the usual daily average.
Seoul trading had ended. SK hynix announced plans to speed up work on its Cheongju P&T7 packaging facility. The board approved a budget of 7.0931 trillion won, representing 5.88% of equity.
Shares in AMC Entertainment Holdings climbed 7.5% early Wednesday. However, the company's adjusted diluted share count expanded at a pace exceeding its all-time high adjusted EBITDA.
Catalyst shares were removed from trading on Wednesday after Angelini Pharma finalised its $4.1 billion all-cash acquisition. Investors were paid $31.50 per share. Nasdaq halted trading in Catalyst following completion of the deal.
Philip Morris International Inc. reported quarterly revenue and profit that exceeded expectations. Despite this, shares declined. Investors shifted attention to developments expected later in the year.
Opendoor Technologies Inc. was set to open down on Wednesday, as an 11-month peak in mortgage rates overshadowed a 12% weekly increase in initial home-acquisition contracts. U.S. cash markets stayed closed.
NEW YORK, July 22, 2026, 09:06 EDT — Dell Technologies advanced on Wednesday after stronger-than-expected margins from a sector peer added to optimism around profit potential from AI-server offerings.
Core AI Holdings surged roughly 41% to $0.55 ahead of Wednesday's session. Early estimates indicated trading volume had reached nearly sevenfold the June float figure following Tuesday's HomeGPT launch.
Reddit stock declined 6.1% to $174.52 during premarket hours on Wednesday. Trading on the NYSE will start at 9:30 a.m. EDT. The drop pointed to a provisional $2.2 billion reduction in the company’s equity value versus Tuesday.
Hecla Mining Company closed 7.0% higher on Tuesday. Volume reached 76.6 million shares, more than double its average. NYSE core trading starts at 09:30 EDT.
American Airlines Group Inc. could post around $2.3 billion in revenue for the June quarter. Current EPS forecasts point to a year-on-year decline of between 95% and 97%.