Qualcomm bets on edge AI inference with Dragonfly, yet revenue lags as the market weighs its compute continuum strategy against near-term growth challenges.
AI software stocks rally on strong earnings while consumer discretionary names like Lululemon slump, highlighting a sharp divergence between enterprise resilience and weakening household spending.
The U.S. Treasury doubles long-end buybacks to $4 billion, easing bond yields and boosting equities ahead of the November election.
StreetBrief Topics
U.S. stocks rallied as Nvidia’s Hugging Face acquisition fueled AI optimism, overpowering concerns over rising oil prices and interest rates.
