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Stock Market 8 July 2026

Broadcom (NASDAQ:AVGO) holds supplier deal, waits on AI gains

Broadcom (NASDAQ:AVGO) holds supplier deal, waits on AI gains

Broadcom’s latest rally is all about the longer timeline. Apple for the first time put a number on a supply extension Broadcom had already flagged with U.S. regulators. According to Broadcom’s SEC filing, the two are set to work into 2031, supplying custom ASIC silicon for new generations of Apple products. Apple now says the extended deal could add up to more than $30 billion, with the hope of making over 15 billion U.S.-made chips.
8 July 2026
Alibaba Group (NYSE:BABA; HKG:9988) rally faces AI cloud optimism, cash issues

Alibaba Group (NYSE:BABA; HKG:9988) rally faces AI cloud optimism, cash issues

Alibaba Group Holding Limited is working off two sessions right now. Hong Kong is finished for the day, New York is still trading. Hong Kong shares closed at HK$107.50, up 12.21%, with 282.13 million shares traded, nearly triple the usual volume. The ADR was at $108.75 as of 11:46 a.m. ET, higher by $10.61 from the last close. The jump is big, but the ADR is still 44% from its 52-week high of $192.67.
Rivian $1.2B stock offer puts R2 momentum in focus even as deliveries rise

Rivian $1.2B stock offer puts R2 momentum in focus even as deliveries rise

Rivian Automotive, Inc. started trading Wednesday after confusion over Nasdaq’s 2026 calendar was cleared. Nasdaq listed July 3 as the last U.S. exchange holiday, not July 8. The stock traded around $16.33 in late morning, moving between $15.46 and $16.34 so far. Volume was above 60 million shares. Traders saw no panic selling under the offer price, but no rally either.
Dow Jones moves as oil climbs and rate hike bets rise

Dow Jones moves as oil climbs and rate hike bets rise

The Dow is taking its hit as traders question if blue-chip stocks were set for too easy a run on inflation. U.S.-Iran tensions and higher oil prices kicked things off, but it’s the domino effect that matters: crude up, yields up, Fed hike bets rising, and then big Dow cyclical names are first to get sold. Reuters had the Dow off 514 points at 10:10 a.m. ET. Other quotes had losses nearer to 800 points before the day hit noon.
AI stocks mixed in Q3 as memory slump pressures cash flow after capex surge

AI stocks mixed in Q3 as memory slump pressures cash flow after capex surge

Seeking Alpha’s summary flagged memory as the first pressure point. Odaily said Q3 flows are leaving broad AI and moving into storage, optical, power, and data center names. Investing.com described the quarter as a divergence, with results, AI spending, and the Fed dragging the market in opposite directions. Wednesday’s price action backed up that idea: AI is splitting into more trades.
Dividend ETFs under pressure with oil, rates and AI trades splitting markets

Dividend ETFs under pressure with oil, rates and AI trades splitting markets

NEW YORK - Retail money keeps landing in dividend ETFs, but the tape isn’t making it easy. SPDR S&P 500 ETF Trust slipped 0.77% by 10:47 a.m. in New York. Schwab U.S. Dividend Equity ETF dropped 0.25%, Vanguard High Dividend Yield ETF was down 0.40%, and JPMorgan Equity Premium Income ETF fell 0.60%. The real test now is less about yield screens and more about which income ETF can hang onto cash when oil, rates and equities drop at once.
Vanguard Total International Stock ETF (NASDAQ:VXUS) holds up as iShares competitors drop

Vanguard Total International Stock ETF (NASDAQ:VXUS) holds up as iShares competitors drop

ETF comparison stories usually put Vanguard Total International Stock ETF, BlackRock’s iShares Core MSCI Total International Stock ETF, iShares Core MSCI EAFE ETF and Vanguard Total Stock Market ETF in the cheap index camp. On Wednesday, trading showed the wrapper is less important than what the fund owns. VXUS and IXUS both cover broad markets outside the U.S. IEFA sticks to developed ex-U.S. stocks, skips Canada. VTI is U.S. focused, the one many investors want less of.
Dell (NYSE:DELL) outlook: Trump buzz fades, focus shifts to AI servers, SEC updates

Dell (NYSE:DELL) outlook: Trump buzz fades, focus shifts to AI servers, SEC updates

Dell Technologies traded with mixed signals Wednesday—moving like both an AI hardware play with solid order flow and a stock hit by fresh governance concerns. In early U.S. trade, Dell was off 0.03% at $417.15 as of 10:49 a.m. EDT. The stock opened at $425.00, hit a high of $448.89 and dipped to $402.50. HP added 1.2%, Super Micro Computer rose 1.8%, while Nvidia edged down 0.4% in the same stretch.
8 July 2026
Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO) $30 billion U.S. chip deal puts $2-per-chip math in focus

Apple (NASDAQ:AAPL), Broadcom (NASDAQ:AVGO) $30 billion U.S. chip deal puts $2-per-chip math in focus

Apple will spend more than $30 billion with Broadcom under a U.S. chip supply deal that gives investors a clearer dollar figure on a supplier relationship that had been hard to size. The contract is expected to produce more than 15 billion U.S.-made chips and support Broadcom’s $1.5 billion expansion in Fort Collins, Colorado, Apple said.
South Korea chip rout turns leveraged ETFs into new KOSPI risk for investors

South Korea chip rout turns leveraged ETFs into new KOSPI risk for investors

South Korea’s bear-market fall is exposing a leverage loop built on two chipmakers, not just a shift in views on artificial intelligence. The KOSPI closed down 409.52 points, or 5.35%, at 7,246.79 on Wednesday, 20.5% below its June 22 record close of 9,114.55. Samsung Electronics fell 6.3% and SK Hynix lost 5.7%; Han Ji-young, an analyst at Kiwoom Securities, said there were “worries about a slowdown in memory price growth” and uncertainty over whether earnings have peaked.
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