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Stock Market 7 July 2026

DigitalOcean (NYSE:DOCN) pops as AI cloud trade shifts on new backlog math

DigitalOcean (NYSE:DOCN) pops as AI cloud trade shifts on new backlog math

DigitalOcean Holdings, Inc. climbed 9.3% to $143.64 Wednesday afternoon after the company forecasted its Q2 remaining performance obligations topping $800 million. That puts focus on backlog and capacity instead of just stronger AI revenue. Shares touched $157.99 at their high and 3.28 million shares changed hands as of 1:50 p.m. EDT, valuing DigitalOcean near $16.1 billion.
Dow slides as Caterpillar and Honeywell weigh on blue chips

Dow slides as Caterpillar and Honeywell weigh on blue chips

NEW YORK — U.S. stocks opened mostly lower Tuesday as regular cash trading began at 9:30 a.m. ET on the NYSE, with the session set to close at 4 p.m. The Nasdaq’s 2026 holiday calendar still puts the Independence Day break on July 3, not July 7. The Dow Jones Industrial Average was down but outperformed the S&P 500 and Nasdaq Composite, while chip stocks were hit hardest.
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AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.