SPY Edges Higher as Tech Stumbles and Healthcare Gains Spark Sector Rotation
The SPDR S&P 500 ETF Trust (SPY) closed modestly higher on August 24, 2026, rising 0.41% to $765.72.
Lead story
The top story
Top stories · today
What's moving
Stocks
AMD Edges Higher on AI Momentum and BMO Upgrade Amid Valuation Concerns
On August 23, 2026, AMD shares rose 0.8% following a bullish upgrade from BMO Capital Markets, which highlighted the company’s expanding role in AI
Stocks
Tesla Surges Over 5% on Cybercab Launch and Robotaxi Permits Despite Recall Headwinds
On August 23, 2026, Tesla (TSLA) rallied more than 5%, driven by key autonomous driving milestones including the imminent public launch of its Cybercab in
Stocks
Oracle’s Stock Surges 3.1% on $17 Billion VA Contract Expansion Amid AI Spending Concerns
On August 22, 2026, Oracle (ORCL) rallied 3.1% following a major contract expansion with the U.S.
Stocks
Micron’s $10 Billion AI Bet Boosts Momentum Amid Valuation Concerns
Micron Technology (MU) has emerged as a standout in the semiconductor sector this week, fueled by its announcement of a $10 billion investment in a new AI
Stocks
IPO Market Holds Steady Amid Quiet Week and Rising Risk Appetite
On August 22, 2026, the Renaissance IPO ETF (NYSE: IPO) gained 0.72% amid a quiet week for new public offerings in the US.
Stocks
Apple Shares Slip Amid App Store Revenue Decline and Softer Guidance on August 21, 2026
On August 21, 2026, Apple (AAPL) shares declined 1.75%, pressured by a Morgan Stanley report showing a 0.6% year-over-year drop in App Store net revenue
All articles · paginated
Latest from the desk
Stocks
Costco Shares Slip Amid Valuation Concerns as Consumer Sector Weakens
On August 20, 2026, Costco Wholesale Corporation (COST) saw its shares fall by 1.97%, reflecting investor caution over its elevated price-to-earnings ratio
Stocks
Why SPY’s Modest Gain Masks a Deeper Sector Shift Amid Travel Inflation and Tech Divergence
On August 20, 2026, SPY inched higher by 0.21%, reflecting a cautious market stance amid rising travel inflation and a mixed tech sector.
Stocks
Intel’s Stock Slides 6.6% on Dilution Fears and UBS Price Target Cut: What Technical Levels Matter Now?
Intel (INTC) faced a sharp 6.6% drop on August 19, 2026, as investors reacted to dilution from a recent upsized common stock offering and UBS’s lowered price
Stocks
SPY Dips Amid Tech Sell-Off and Sector Rotation: What Investors Should Watch Now
On August 18, 2026, the SPDR S&P 500 ETF Trust (SPY) slipped 0.47%, weighed down by notable declines in heavyweight tech stocks like Adobe, Meta, and Microsoft.
Stocks
Nike Shares Sink to 12-Year Low Amid China Slump and Sector-Wide Pressure
Nike (NKE) tumbled 4.03% to close at $39.09 on August 17, 2026, marking its lowest price in 12 years.