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Today, the U.S. stock market opened with a general rise, with all three major indices starting in the green. The Dow Jones Industrial Average rose by 0.4%, the S&P 500 climbed by 0.3%, and the tech-heavy Nasdaq Composite Index increased by 0.38%.
However, not all tech companies have benefited from this rise. Data center solutions provider Coreweave experienced a sharp decline after the market opened, with its stock price dropping more than 10%. The company's latest financial report shows that its adjusted net loss for the second quarter reached $130.8 million, significantly widening the loss, raising concerns among investors.
The semiconductor industry giants are also showing different trends. AMD's stock price has risen 3.5%, demonstrating strong momentum. In contrast, its main competitor NVIDIA has slightly declined by 0.4%, indicating different market expectations for the prospects of these two chip manufacturers.
It is worth noting that the market will also welcome the release of important CPI (Consumer Price Index) data today, which could have a significant impact on subsequent trading trends. Investors are closely monitoring this inflation indicator to assess the future direction of the Federal Reserve's monetary policy.
In terms of the cryptocurrency market, the performance of Bitcoin and Ethereum is also under scrutiny, but their price trends have not yet had a significant impact on the overall market. As intraday trading continues, market participants will continue to weigh various economic indicators and company performances to adjust their investment strategies.