CMB Stock News Of The Day 📰📰🗞️🗞️🗞️📈📉

“Wall Street Bounces Back as Trump Softens Tariff Rhetoric; AI Stocks Lead Sharp Rebound“🚨🚨

After suffering their steepest drop in six months, U.S. stocks roared back Monday, recapturing a chunk of last week’s losses. The rebound came after President Trump signaled a more flexible tone toward China — just 48 hours after threatening to double tariffs on Chinese imports.

Investor sentiment flipped quickly, with traders rushing back into risk-on mode. The “Magnificent 7” tech giants all climbed, reigniting the AI trade, while defensive plays like consumer staples and healthcare lagged behind — a mirror image of Friday’s market mood.

Big Movers:

• Broadcom (AVGO) +9.87% — Jumped after announcing a partnership with OpenAI to develop and deploy 10 gigawatts of custom AI accelerators for data centers, signaling massive infrastructure investment ahead.

• Rare Earth Stocks — Exploded higher on reports that JPMorgan will inject $10 billion into the sector through financing and direct stakes. Standouts included American Battery Tech (ABAT) +36.59%, U.S. Antimony (UAMY) +36.86%, USA Rare Earth (USAR) +18.71%, and Critical Metals (CRML) +55.41%.

• Micron (MU) +6.12% — Soared after BNP Paribas Exane issued a rare double upgrade from underperform to outperform, more than doubling its price target to $270, the highest on Wall Street.

• IonQ (IONQ) +16.07% — Rallied after announcing a “major breakthrough” in quantum chemistry simulations, fueling fresh excitement in the quantum computing space.

• BitMine Immersion Tech (BMNR) +7.69% — Climbed after disclosing it had increased its Ethereum (ETH) holdings to over 3 million tokens, about 2.5% of the total supply.

• Tesla (TSLA) +5.42% — Advanced after the EV maker began selling its Model Y Standard across several European markets.

• StubHub (STUB) +4.08% — Gained after analysts launched mostly bullish coverage on the ticketing platform.

• Rocket Lab (RKLB) +1.81% — Inched higher as Morgan Stanley raised its price target from $20 to $68, the most optimistic among Wall Street analysts.