Tech giants reported significant earnings growth, while General Motors beat expectations and raised guidance, according to FactSet tracking the S&P 500.

The entities involved

• Micron Technology →

  American multinational corporation based in Boise, Idaho

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• Amazon →

  American multinational technology company

  • Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Mon 17:31
  • Arianespace, a subsidiary of ArianeGroup, launched satellites for Amazon Leo constellation, supporting ESA's access to space.Mon 17:10
• General Motors →

  American multinational automotive company

  • Investors are watching the market closely as Tesla prices in AI upside like Nvidia, while a competitor's launch failed to impress.Mon 15:23
  • Jefferies Financial Group reissued a hold rating on June 18, 2026.Mon 10:46
• FactSet →

  American financial data company

  • FactSet estimates suggest S&P 500 growth potential, while simultaneously, Fed rate hikes introduce risks of a market drawdown.Mon 09:50
  • FactSet released its peg for the P/E ratio of the S&P 500 index.Mon 09:50

Related events

• Tech giants' profits are driving stock prices, but a Middle East crisis poses a risk to the market bubble.Sep 22
• Tech stocks, including Dell and Micron, rose on September 3rd following strong quarterly profit beats driven by accelerating AI adoption.Sep 3
• GM Financial reported higher-than-expected revenues from its segment on August 21, 2025.Jun 7
• Micron predicts it will surpass Microsoft's earnings in fiscal 2027, driven by market trends set by AI leaders.Sep 20
• Australian earnings lagged behind the US tech sector, though overall growth was driven by the resource sector.Sep 2