Luca Moschini is the founder of SharperTrades, an investor and trading educator recognized by Nasdaq and NYSE. He created Market Edge and SteadyCapital, helping traders and investors make more informed market decisions.
Innovation & Tech
Oracle (ORCL) fell about 5% after reports that it invoked force majeure protections tied to Project Jupiter, a major New Mexico AI data center, putting renewed attention on project delays, capital spending and the financial demands of its infrastructure expansion.
Price Action
MGM Resorts International (MGM) sank about 10% after Barry Diller’s People Inc. withdrew its $48.30-per-share acquisition proposal, removing a major takeover catalyst and shifting attention back to MGM’s standalone operations.
Innovation & Tech
Meta is turning Muse from a fast-growing AI agent into a broader commerce and hardware platform, introducing transaction-based monetization, retailer integrations, computer control, Muse Charm and new AI-connected glasses.
Meta’s Muse AI lifted semiconductor stocks, AMD crossed $1 trillion, and On Holding surged on ambitious growth targets and a $1 billion buyback.
Innovation & Tech
Meta shares surged 11.3% Monday as rapid adoption of its Muse AI agent and new commerce integrations raised expectations for subscriptions, transactions and other revenue beyond the company’s traditional advertising business.
Innovation & Tech
AMD crossed the $1 trillion market-cap threshold for the first time after a 9.9% surge, extending a 2026 rally powered by record revenue, rapid data center growth and major AI infrastructure agreements.
Earnings
AutoZone shares climbed after quarterly earnings exceeded expectations despite softer revenue and same-store sales. A sharp gross-margin increase, higher net income and improving sales late in the quarter helped offset the weaker top-line results.
Business Trends
On Holding shares surged after the company set ambitious 2029 sales and margin targets, authorized its first $1 billion share buyback and detailed plans to expand beyond its core running business into football and golf.
Innovation & Tech
Alibaba unveiled its Zhenwu V900 AI chip alongside major cloud and model expansion plans, sending BABA shares higher as investors assessed the company’s growing push across the AI computing stack.
Cryptocurrencies
Bitcoin climbed more than 7% above $85,000 while Coinbase shares gained about 3.5% Monday. The crypto exchange also launched retail IPO access, extending its push into traditional financial markets despite the Senate’s failure to advance the CLARITY Act.
Business Trends
Tesla reopened reservations for its long-delayed Roadster ahead of an Oct. 1 reveal, helping put TSLA stock higher Monday. The event arrives alongside third-quarter deliveries, earnings and updates across Tesla’s expanding vehicle and autonomy programs.
Business Trends
Novo Nordisk shares fell about 8% after its capital markets day left investors looking for more clarity on growth beyond semaglutide. The company outlined a $23 billion pipeline target and at least five potential multi-blockbusters, but near-term questions remain.