Closing Bell: Nvidia Extends Rally, Circle Shares Rise, Micron Slides
Jun 26, 2025
Nvidia's shares are soaring after strong earnings, overcoming challenges from semiconductor sales restrictions in China. The tech giant's success is backed by major clients like Microsoft and Amazon ramping up their AI investments. Circle's stock rebounds after a steep drop, buoyed by new entrants in the stablecoin space following fresh legislation. Meanwhile, Micron faces a slide despite beating earnings forecasts, as its cautious outlook raises concerns among investors. The S&P 500's movements reveal key insights into market trends.
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insights INSIGHT
Broad Market Strength in S&P 500
372 out of 502 S&P 500 companies closed higher, showing broad market strength.
Consumer sectors like energy and discretionary led gains, defensive sectors saw minor declines.
insights INSIGHT
HB Fuller Earnings Boost Stock
HB Fuller stock rose nearly 11% on strong volumes and good engineering adhesive margins.
The company boosted earnings guidance, surpassing analyst estimates, fueling investor optimism.
insights INSIGHT
Circle Gains on Stablecoin Legislation
Circle's shares rebounded 7.5% after a prior 25% drop amid stablecoin industry growth.
New U.S. Senate legislation and interest from major firms suggest stablecoins are becoming mainstream finance.
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Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec.
- Nvidia (NVDA) shares continues its rally that started yesterday when it rose to an all-time high. Recent earnings from Nvidia were a notable catalyst for bulls, as the report showed robust growth and pointed to more strength ahead despite the impact of restrictions on the sales of advanced semiconductors in China. Prints from Microsoft Corp., Meta Platforms Inc., Alphabet Inc., and Amazon.com Inc. — which together make up more than 40% of Nvidia’s revenue, per supply chain data compiled by Bloomberg — further underlined how the company’s biggest customers continue to spend aggressively building out their AI infrastructure.
- Circle (CRCL) shares rose after dropping 25% just two days ago as more players begin to enter the stablecoin industry since the Senate passed new legislation.
- Micron (MU) shares slid as invested digested its earnings results from yesterday after the closing bell. The top-performing chipmaker on Wall Street this year, delivered an outlook that wasn’t quite rosy enough to keep its 2025 rally going. Though the company posted third-quarter results and a fourth-quarter forecast that exceeded estimates, the stock began sliding Wednesday in late trading after a conference call with executives and continued to decline Thursday. A key focus was high-bandwidth memory, a component used in artificial intelligence computing. The technology is fueling a sales surge at Micron, but the company didn’t predict the kind of runaway growth that some investors were looking for.