Nasdaq Composite Rises on Cautious Optimism on Tech Tailwinds but Iran Tensions Loom [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance
MaxLinear (MXL) gained 43% after posting 43% revenue growth with infrastructure segment up 136%, signaling AI capex is broadening beyond GPUs to optical data center equipment. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE The Nasdaq Composite (^IXIC) is trading in the green at Friday's open, with the index leading the major averages as legacy chipmaker Intel's blowout earnings report reignites the AI-infrastructure trade. The Nasdaq is drawing strength from mega-cap tech and dramatic single-stock moves, even as traders monitor the Strait of Hormuz. For the week, the Nasdaq Composite (^IXIC) is up fractionally, buoying its YTD returns to about 5.5%. The macro backdrop is unsettled. "Markets are entering the final day of the trading week in a cautious mood as U.S.-Iran tensions show no signs of easing while the Strait of Hormuz remains essentially closed," said Deutsche Bank's Jim Reid. WTI crude is sitting at roughly $91 a barrel, off
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META
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- 1/28/26 - Beat
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- 4/21/26 - Form PX14A6G
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