{"id":137478,"date":"2025-08-11T17:23:10","date_gmt":"2025-08-11T17:23:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/137478\/"},"modified":"2025-08-11T17:23:10","modified_gmt":"2025-08-11T17:23:10","slug":"sp-500-nasdaq-composite-hover-near-record-highs-as-stocks-little-changed-ahead-of-inflation-data","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/137478\/","title":{"rendered":"S&P 500, Nasdaq Composite Hover Near Record Highs as Stocks Little Changed Ahead of Inflation Data"},"content":{"rendered":"

Meme Stocks Rises as Some Traders Still ‘Demand Excitement’<\/strong><\/p>\n

10 minutes ago<\/p>\n

Investors aren’t done with\u00a0meme stocks<\/a>\u00a0just yet.\n<\/p>\n

Shares of AMC Entertainment (AMC<\/a>) rose Monday, with the theater company’s stock recently up 3% to north of $3. Current prices are off their morning highs though, and reflect a retreat from the shares’ end-of-2024 price just below $4 apiece. Second-quarter financial results that included revenue growth and a narrower loss helped the shares. (The conference call is after the closing bell.)\n<\/p>\n

Some other meme stocks were making comparatively quiet moves. Apparel retailer American Eagle (AEO<\/a>), recently in the spotlight thanks to the\u00a0attention-grabbing abilities<\/a>\u00a0of actress Sydney Sweeney and President Donald Trump, was up slightly. GameStop (GME<\/a>) was up more than 1%. Kohl’s (KSS<\/a>), another retail company to recently join the meme-stock ranks, was nearly 7% higher.<\/p>\n

Monday’s energy isn’t quite where it was late last month when a range of memey shares were jumping around at\u00a0roughly the same time<\/a>. Vanda Research suggested that retail investor interest in such stocks had “seemingly fizzled out.”\n<\/p>\n

Not entirely, it seems. (“Mr. Market sometimes acts as if he\u2019s had 13 Red Bulls before the market opens each day,” Ritholtz Weath Management’s Ben Carlson wrote last week.)\n<\/p>\n

It’s perhaps unsurprising that traders are still looking for corners of quick action amid the portentous discussions surrounding earnings, the Federal Reserve, and trade policy. Stocks finished last week at highs and\u00a0remain near them now<\/a>; investors’ expectations of an interest-rate cut are rising, also supporting risk appetite. Bitcoin is\u00a0near its own record<\/a>.\n<\/p>\n

“An emphasis on quality amongst stock picks and sector picks these days appears key for the most part for performance even as the ‘wild west’ (to conservative investors) of ‘meme stocks’ and ‘crypto plays’ capture attention among some denizens of the market that demand excitement,” Oppenheimer analysts wrote Monday.\n<\/p>\n

The big meme stock names have popped on some days in recent months but remain down sharply for the year to date.<\/p>\n

TradingView<\/p>\n

–David Marino-Nachison<\/a>\n<\/p>\n

Intel Stock Jumps as CEO to Meet With Trump<\/strong><\/p>\n

1 hr 22 min ago<\/p>\n

Shares of Intel (INTC<\/a>) surged following a report CEO Lip-Bu Tan is set to visit the White House today after President Trump\u00a0called for his resignation<\/a>\u00a0last week.\n<\/p>\n

The stock was up 5% in recent trading, after last week\u2019s plunge threatened to erase its gains for 2025.\u00a0With Monday’s jump, the stock was back in positive territory for the year.\n<\/p>\n

Tan could use the visit to defend his background and improve relations with the Trump administration, as well as potentially set the groundwork for new deals,\u00a0The Wall Street Journal\u00a0reported. Intel and the White House did not immediately respond to requests for comment.\u00a0\u00a0\n<\/p>\n

Lip-Bu Tan at an Intel event in April.<\/p>\n

Andrej Sokolow \/ Picture Alliance \/ Getty Images<\/p>\n

Tan, who took the helm of Intel in March, said in a\u00a0letter to employees last week<\/a>\u00a0that he has the full support of the company’s board, after Trump called for him to step down.\n<\/p>\n

“The CEO of INTEL is highly CONFLICTED and must resign, immediately,” Trump wrote on his Truth Social network Thursday.\n<\/p>\n

The post came after Sen. Tom Cotton (R-Ark.) wrote a letter to Intel\u2019s board chair asking about Tan\u2019s work history and stakes in companies with reported connections to China\u2019s military. Tan was previously CEO of Cadence Design Systems (CDNS<\/a>), which said it recently\u00a0settled legal proceedings<\/a>\u00a0related to “operations and business dealings in China.”\u00a0\n<\/p>\n

In his letter, Tan said \u201cthere has been a lot of misinformation circulating,\u201d and that he looks forward to engaging with the Trump administration to address issues raised.\n<\/p>\n

–Kara Greenberg<\/a>\n<\/p>\n

Nvidia, AMD to Give US Government Share of China Chip Sales<\/strong><\/p>\n

2 hr 46 min ago<\/p>\n

Nvidia (NVDA<\/a>) and Advanced Micro Devices (AMD<\/a>) plans to\u00a0resume sales of key AI chips to China<\/a>\u00a0could come with some big strings attached.\u00a0\n<\/p>\n

Both companies have agreed to pay 15% of their China chip revenues to the U.S. government in exchange for export licenses, the\u00a0Financial Times\u00a0reported yesterday, after the Trump administration tightened restrictions earlier this year citing national security concerns.\n<\/p>\n

The Trump administration and AMD did not immediately respond to a request for comment.\u00a0\n<\/p>\n

A spokesperson for Nvidia told\u00a0Investopedia, “We follow rules the U.S. government sets for our participation in worldwide markets. While we haven’t shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide. America cannot repeat 5G and lose telecommunication leadership. America\u2019s AI tech stack can be the world\u2019s standard if we race.\u201d\n<\/p>\n

Both chipmakers have take a significant hit from the Trump administration’s curbs, with AMD last week reporting\u00a0an $800 million charge<\/a>\u00a0in the second quarter related to restrictions on the sale of its AI chips to China. Nvidia\u00a0said in May<\/a>\u00a0that it expects to report an $8 billion hit from export restrictions when it releases its quarterly results later this month.\n<\/p>\n

Shares of Nvidia wavered between slight gains and losses in early trading, while AMD shares were up nearly 2% recently.\n<\/p>\n

Such a deal would mark an unusual shift in how American companies are expected to engage with the government and respond to trade policy changes.\u00a0\n<\/p>\n

Nvidia\u2019s plans to resume sales to China came after a number of high-profile visits to the White House by CEO Jensen Huang,\u00a0including one last week<\/a>. President Trump also said last week that Apple (AAPL<\/a>) and others with pledges to build in the U.S. could be\u00a0exempt from new semiconductor tariffs<\/a>, after CEO Tim Cook joined Trump at the White House to announce a\u00a0$100 billion commitment<\/a>\u00a0to U.S. production.\u00a0\n<\/p>\n

Separately, Intel (INTC<\/a>) CEO Lip-Bu Tan is is set to to meet with Trump at the White House today, after the president\u00a0called for his resignation<\/a>,\u00a0The Wall Street Journal\u00a0reported.\n<\/p>\n

–Kara Greenberg<\/a>\n<\/p>\n

S&P 500 Coming Off Its Best Week Since June<\/strong><\/p>\n

3 hr 20 min ago<\/p>\n

Stocks rebounded last week as investors concerns about tariffs and the economic outlook eased.\n<\/p>\n

The benchmark S&P 500 index and the tech-heavy Nasdaq Composite surged 2.4% and 3.9% last week, their best performance since the week of June 23. The Dow Jones Industrial Average added 1.6% last week, its biggest gain since the week of June 30.\n<\/p>\n

TradingView<\/p>\n

Coming into Monday’s session, the Nasdaq was up about 11% since the start of 2025, while the S&P 500 had gained 8.6% and the Dow had tacked on 3.8%.\n<\/p>\n

Major Index Futures Inch Higher<\/strong><\/p>\n

4 hr 43 min ago<\/p>\n

Futures tied to the Dow Jones Industrial Average were up 0.3%.\n<\/p>\n

TradingView<\/p>\n

S&P 500 futures added 0.2%.\n<\/p>\n

TradingView<\/p>\n

Nasdaq 100 futures rose 0.1%.\n<\/p>\n

TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"Meme Stocks Rises as Some Traders Still ‘Demand Excitement’ 10 minutes ago Investors aren’t done with\u00a0meme stocks\u00a0just yet.…\n","protected":false},"author":3,"featured_media":137479,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,67,132,68],"class_list":{"0":"post-137478","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-united-states","10":"tag-unitedstates","11":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115011295825821571","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/137478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=137478"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/137478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/137479"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=137478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=137478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=137478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}