The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Tech stocks led the stock market higher on Monday as oil prices fell, bitcoin (BTC-USD) prices surged above $85,000, and chip stocks rallied ahead of AI leaders' dinner with Chinese President Xi Jinping later this week.
The tech-heavy Nasdaq Composite (^IXIC) saw the strongest gains, climbing 1.5% as semiconductor stocks . The S&P 500 (^GSPC), meanwhile, gained 0.9%. The Dow Jones Industrial Average (^DJI) rose 0.3% after the blue-chip index posted its third straight weekly loss.
Sentiment went risk-on during Monday's trading session as oil prices retreated below $100 per barrel amid hopes that the US and Iran would resume diplomatic talks. Bitcoin also jumped to an eight-month high, lifting crypto-related stocks like Strategy (MSTR) and Coinbase (COIN).
Stocks have powered through a wall of worry during this historically weak month, remaining resilient despite rising bond yields, geopolitical risk in the Middle East, growing bets on Fed rate hikes, and AI jitters.
With a sparser economic and earnings calendar this week, one thing markets will be closely watching is the summit between President Trump and Chinese President Xi Jinping on Thursday.
The high-stakes talks are expected to focus on extending the tariff truce and cooperation on artificial intelligence. Several AI leaders, including Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, former Apple CEO Tim Cook, Qualcomm Inc. CEO Cristiano Amon, and Microsoft CEO Satya Nadella, will also attend a dinner with the Chinese president. Wall Street executives Citigroup CEO Jane Fraser and JPMorgan Chase CEO will also join, Yahoo Finance has learned.
The summit comes at a critical point for those companies, after an essay by Anthropic (ANTH.PVT) CEO Dario Amodei broke open a long-simmering debate over whether or not frontier AI labs should pace model development.
22 mins ago Ines Ferré AMD stock soars to new record as semiconductors bounce Chip stocks were back in the driver's seat on Monday as the PHLX Semiconductor Index (^SOX) surged more than 3%. An upcoming state dinner between President Trump and Chinese leader Xi Jinping, with numerous AI titans expected to be in attendance, fueled optimism about the AI trade. Chipmaker AMD soared to an all-time high above $610 a share, giving it a $1 trillion market cap during the trading session. Semiconductor stocks on Monday Sept 21 Shares of central processing unit designer Arm Holdings (ARM) and chipmaker Intel both rose 10% as social media giant Meta's (META) new AI agent MUSE sparked a broader rally among server CPU suppliers. The chip sector has seen additional tailwinds, including a report last week that SK Hynix (SKHY) is exploring a deal with Intel (INTC). Read more.
AMD stock soars to new record as semiconductors bounce
Chip stocks were back in the driver's seat on Monday as the PHLX Semiconductor Index (^SOX) surged more than 3%.
An upcoming state dinner between President Trump and Chinese leader Xi Jinping, with numerous AI titans expected to be in attendance, fueled optimism about the AI trade.
Chipmaker AMD soared to an all-time high above $610 a share, giving it a $1 trillion market cap during the trading session.
Shares of central processing unit designer Arm Holdings (ARM) and chipmaker Intel both rose 10% as social media giant Meta's (META) new AI agent MUSE sparked a broader rally among server CPU suppliers.
The chip sector has seen additional tailwinds, including a report last week that SK Hynix (SKHY) is exploring a deal with Intel (INTC).
Today at 3:28 PM UTC David Hollerith Bitcoin is surging as investors fade Clarity disappointment and buy Strategy Bitcoin and crypto-related stocks are surging on Monday as investors appear to have faded last week's failed Senate vote for the industry's landmark bill. The total crypto market has added roughly $330 billion in value since the Clarity Act failed to advance in Congress last Tuesday, per CoinMarketCap. Yahoo Finance's Brian Sozzi reports: The lack of clarity on the regulatory framework for crypto hasn't shaken the bitcoin bulls. In fact, it appears to have brought them back to the trade.Bitcoin broke above $86,000 for the first time in eight months early on Monday. Some of the biggest premarket movers in the crypto patch include Strategy (MSTR), Coinbase (COIN), Circle (CRCL), and Robinhood (HOOD).Markets — for now — are moving beyond the Clarity Act debacle. Michael Saylor's Strategy (MSTR) is also lifting spirits for bitcoin this week. Strategy bought 950 bitcoin and repurchased about 1.77 million of its preferred stock (STRC) last week, it said in a Monday 8-K filing. The bitcoin juggernaut also used another $57.4 million to fund dividends on preferred stock and outstanding interest payments. Along with others in the crypto world, Saylor has also weighed in on the Clarity Act, arguing that the crypto industry could even be better off without the legislation in its latest form.
Bitcoin is surging as investors fade Clarity disappointment and buy Strategy
Bitcoin and crypto-related stocks are surging on Monday as investors appear to have faded last week's failed Senate vote for the industry's landmark bill.
The total crypto market has added roughly $330 billion in value since the Clarity Act failed to advance in Congress last Tuesday, per CoinMarketCap.
The lack of clarity on the regulatory framework for crypto hasn't shaken the bitcoin bulls. In fact, it appears to have brought them back to the trade.
Bitcoin broke above $86,000 for the first time in eight months early on Monday. Some of the biggest premarket movers in the crypto patch include Strategy (MSTR), Coinbase (COIN), Circle (CRCL), and Robinhood (HOOD).
Markets — for now — are moving beyond the Clarity Act debacle.
Michael Saylor's Strategy (MSTR) is also lifting spirits for bitcoin this week.
Strategy bought 950 bitcoin and repurchased about 1.77 million of its preferred stock (STRC) last week, it said in a Monday 8-K filing. The bitcoin juggernaut also used another $57.4 million to fund dividends on preferred stock and outstanding interest payments.
Along with others in the crypto world, Saylor has also weighed in on the Clarity Act, arguing that the crypto industry could even be better off without the legislation in its latest form.
Today at 2:37 PM UTC Grace O'Donnell Paramount, Warner Bros. stocks rally on reported merger settlement Paramount (PSKY) and Warner Bros. Discovery (WBD) shares are rallying after Bloomberg reported that Paramount is settling lawsuits with California and other states, paving the way for its merger with Warner Bros. to go through. California had sued to block Paramount's $111 billion acquisition of Warner Bros., citing antitrust laws. However, a person close to the negotiations said a settlement will be announced later today, according to Bloomberg. The settlement is said to include a $30 million financial penalty for each film that fails to fulfill Paramount's promise to distribute 30 films per year in theaters. Paramount initially landed the deal in February after it outbid Netflix (NFLX) for Warner Bros. Discovery. Read more.
Paramount, Warner Bros. stocks rally on reported merger settlement
Paramount (PSKY) and Warner Bros. Discovery (WBD) shares are rallying after Bloomberg reported that Paramount is settling lawsuits with California and other states, paving the way for its merger with Warner Bros. to go through.
California had sued to block Paramount's $111 billion acquisition of Warner Bros., citing antitrust laws. However, a person close to the negotiations said a settlement will be announced later today, according to Bloomberg.
The settlement is said to include a $30 million financial penalty for each film that fails to fulfill Paramount's promise to distribute 30 films per year in theaters.
Paramount initially landed the deal in February after it outbid Netflix (NFLX) for Warner Bros. Discovery.
Today at 2:09 PM UTC Grace O'Donnell Meta stock pops as Wall Street grows bullish ahead of Connect event Meta (META) shares jumped nearly 7% as Wall Street grew bullish on the stock. Wells Fargo reiterated its Overweight rating on Meta shares but raised its price target on the stock to $796 from $640 previously, representing upside of nearly 20% from Friday's closing price. On Monday morning, Meta stock was trading at around $710 per share. Wells Fargo said that Meta's new AI releases, such as its Muse personal AI agent and coding agent, give the company a story to tell at its Connect event on Sept. 23-24. CFRA analyst Angelo Zino also maintained a Strong Buy rating and $750 price target in a new note. "Our Strong Buy reflects AI monetization traction, cost discipline, and enticing valuation," Zino wrote. "We see potential for new streams from AI agents, subscriptions, and API access to diversify revenue beyond advertising."
Meta stock pops as Wall Street grows bullish ahead of Connect event
Meta (META) shares jumped nearly 7% as Wall Street grew bullish on the stock.
Wells Fargo reiterated its Overweight rating on Meta shares but raised its price target on the stock to $796 from $640 previously, representing upside of nearly 20% from Friday's closing price. On Monday morning, Meta stock was trading at around $710 per share.
Wells Fargo said that Meta's new AI releases, such as its Muse personal AI agent and coding agent, give the company a story to tell at its Connect event on Sept. 23-24.
CFRA analyst Angelo Zino also maintained a Strong Buy rating and $750 price target in a new note.
"Our Strong Buy reflects AI monetization traction, cost discipline, and enticing valuation," Zino wrote. "We see potential for new streams from AI agents, subscriptions, and API access to diversify revenue beyond advertising."
Today at 1:49 PM UTC David Hollerith Stocks rise and oil eases as investors weight White House meeting, Fedspeak Stocks rose at the open on Monday as oil prices fell, Treasury yields eased, and investors weighed inflation along with the AI buildout and safety concerns. The Dow Jones Industrial Average (^DJI) rose slightly, 0.2%, while the S&P 500 (^GSPC) gained 0.7% and the Nasdaq Composite (^IXIC) climbed 1%. Chip stocks rallied with the PHLX Semiconductor index (^SOX) climbing more than 2% on Monday morning to its highest price since Sept. 9. Some of the AI industry's most influential leaders will attend a White House dinner on Thursday as part of this week's crucial meeting between President Trump and Chinese President Xi Jinping. Futures on both international benchmark Brent crude (BZ=F) and US benchmark WTI (CL=F) eased on Monday. They each remain below $100 per barrel. With eight separate speeches planned through Friday, investors will get a lot more input on how the Fed is thinking about the economy. The Fed raised rates last week and left further increases on the table, while the European Central Bank and Bank of Japan have also tightened. US bond yields consequently remain key. Yields fell Monday with the benchmark 10-year Treasury yield (^TNX), remaining just below 5%. Investors are also pushing bitcoin (BTC) prices higher. The world's largest cryptocurrency rose 6% over the last 24 hours to trade above $85,000 per coin.
Stocks rise and oil eases as investors weight White House meeting, Fedspeak
Stocks rose at the open on Monday as oil prices fell, Treasury yields eased, and investors weighed inflation along with the AI buildout and safety concerns.
The Dow Jones Industrial Average (^DJI) rose slightly, 0.2%, while the S&P 500 (^GSPC) gained 0.7% and the Nasdaq Composite (^IXIC) climbed 1%.
Chip stocks rallied with the PHLX Semiconductor index (^SOX) climbing more than 2% on Monday morning to its highest price since Sept. 9.
Some of the AI industry's most influential leaders will attend a White House dinner on Thursday as part of this week's crucial meeting between President Trump and Chinese President Xi Jinping.
Futures on both international benchmark Brent crude (BZ=F) and US benchmark WTI (CL=F) eased on Monday. They each remain below $100 per barrel.
With eight separate speeches planned through Friday, investors will get a lot more input on how the Fed is thinking about the economy. The Fed raised rates last week and left further increases on the table, while the European Central Bank and Bank of Japan have also tightened.
US bond yields consequently remain key. Yields fell Monday with the benchmark 10-year Treasury yield (^TNX), remaining just below 5%.
Investors are also pushing bitcoin (BTC) prices higher. The world's largest cryptocurrency rose 6% over the last 24 hours to trade above $85,000 per coin.
Today at 1:19 PM UTC Grace O'Donnell The resilient stock market flashes some warning signs Some concerning signs are starting to emerge in the remarkably resilient stock market. With the S&P 500 (^GSPC) sitting roughly 3% below its August all-time high, the index's breadth is starting to break down, with more than 50% of S&P 500 stocks trading below their 200-day moving average, per Barchart data. Yahoo Finance's Brian Sozzi reports on some other indicators investors are keeping a close eye on: Downside volume on the New York Stock Exchange as a percentage of total volume has surged to 54% and is near year-to-date highs, BTIG technical strategist Jonathan Krinsky pointed out. What's more, small-cap stocks as measured by the Russell 2000 (^RUT) are down more than 5% from their highs.Since 1996, this is the 12th time this occurrence has happened, Krinsky wrote. Read more.
The resilient stock market flashes some warning signs
Some concerning signs are starting to emerge in the remarkably resilient stock market.
With the S&P 500 (^GSPC) sitting roughly 3% below its August all-time high, the index's breadth is starting to break down, with more than 50% of S&P 500 stocks trading below their 200-day moving average, per Barchart data.
Yahoo Finance's Brian Sozzi reports on some other indicators investors are keeping a close eye on:
Downside volume on the New York Stock Exchange as a percentage of total volume has surged to 54% and is near year-to-date highs, BTIG technical strategist Jonathan Krinsky pointed out. What's more, small-cap stocks as measured by the Russell 2000 (^RUT) are down more than 5% from their highs.
Since 1996, this is the 12th time this occurrence has happened, Krinsky wrote.
Today at 11:53 AM UTC Grace O'Donnell Oura looks to raise $2.2 billion in IPO Smart ring maker Oura and its shareholders expect to offer 50,000,000 shares priced at $40.00-$44.00 per share in its upcoming IPO, according to a filing with the Securities and Exchange Commission on Monday. At that price, the Finnish company would be valued at up to $14.1 billion. The company plans to go public under the ticker "OURA." The company makes rings that track 50+ health metrics for users. Last year, the company sold 3.6 million smart rings, which retail for between $399 and $499, according to Bloomberg. Goldman Sachs & Co. LLC, Morgan Stanley, JPMorgan, Allen & Company LLC, and Jefferies are leading the offering, according to the filing. Read more. Middle school teacher Kate Stoye puts on an Oura ring, a wearable sleep tracking device, Wednesday, Jan. 7, 2026, in Hiram, Ga. (AP Photo/Emilie Megnien) · ASSOCIATED PRESS
Smart ring maker Oura and its shareholders expect to offer 50,000,000 shares priced at $40.00-$44.00 per share in its upcoming IPO, according to a filing with the Securities and Exchange Commission on Monday.
At that price, the Finnish company would be valued at up to $14.1 billion. The company plans to go public under the ticker "OURA."
The company makes rings that track 50+ health metrics for users. Last year, the company sold 3.6 million smart rings, which retail for between $399 and $499, according to Bloomberg.
Goldman Sachs & Co. LLC, Morgan Stanley, JPMorgan, Allen & Company LLC, and Jefferies are leading the offering, according to the filing.
Today at 10:00 AM UTC Grace O'Donnell Bessent proposes US-China AI safety notifications in talks with Chinese vice premier Ahead of the meeting between President Trump and Chinese leader Xi Jinping this week, US Treasury Secretary Scott Bessent met with his Chinese counterpart, Vice Premier He Lifeng, for hours to discuss a range of topics, from trade to AI. The US side said it proposed a new AI safety notification mechanism for the upcoming negotiations, while the Chinese state news agency Xinhua acknowledged only that the two sides discussed AI. US Treasury Secretary Scott Bessent, after meeting China's Vice Premier He Lifeng, ahead of a summit between US President Donald Trump and Chinese President Xi Jinping, at JPMorgan Chase's global corporate headquarters in New York City, US, September 20, 2026. REUTERS/Vincent Alban · REUTERS / REUTERS Reuters reports: Bessent told reporters that the two sides discussed setting up a new US-China AI dialogue, with a particular emphasis on national security concerns with a notification system for common goals and common threats that would cover AI-related incidents that rise to a national security level."We think that, just like with any cross-border activity, that moving from opaque to more transparency between the number one and the number two AI powers in the world is very important," Bessent said at the conclusion of the talks.Trump and Xi first discussed potential consultations on AI development in May in Beijing, but that forum was never formalized. Read more.
Bessent proposes US-China AI safety notifications in talks with Chinese vice premier
Ahead of the meeting between President Trump and Chinese leader Xi Jinping this week, US Treasury Secretary Scott Bessent met with his Chinese counterpart, Vice Premier He Lifeng, for hours to discuss a range of topics, from trade to AI.
The US side said it proposed a new AI safety notification mechanism for the upcoming negotiations, while the Chinese state news agency Xinhua acknowledged only that the two sides discussed AI.
Bessent told reporters that the two sides discussed setting up a new US-China AI dialogue, with a particular emphasis on national security concerns with a notification system for common goals and common threats that would cover AI-related incidents that rise to a national security level.
"We think that, just like with any cross-border activity, that moving from opaque to more transparency between the number one and the number two AI powers in the world is very important," Bessent said at the conclusion of the talks.
Trump and Xi first discussed potential consultations on AI development in May in Beijing, but that forum was never formalized.
Today at 9:00 AM UTC Grace O'Donnell Good morning. Here's what's happening today. Economic data: Chicago Fed national activity index, August (-0.06 expected, -0.08 previously) Earnings calendar: No notable earnings. Catch up on some top stories from over the weekend: Polls show Trump is out of step with Americans on AI. It might not matter in this fall's elections. 'This could be something more substantial': Wall Street braces for more Fed rate hikes Caregiving for kids and parents: The financial squeeze kneecapping millennials GM brings back Apple CarPlay as buyers demand it US housing costs rise further out of reach ahead of midterms
Good morning. Here's what's happening today.
Economic data: Chicago Fed national activity index, August (-0.06 expected, -0.08 previously)
Catch up on some top stories from over the weekend:
Polls show Trump is out of step with Americans on AI. It might not matter in this fall's elections.
'This could be something more substantial': Wall Street braces for more Fed rate hikes
Caregiving for kids and parents: The financial squeeze kneecapping millennials
GM brings back Apple CarPlay as buyers demand it
US housing costs rise further out of reach ahead of midterms
Today at 8:00 AM UTC Grace O'Donnell Paramount nears merger settlement, but some key state AGs are not on board yet CNN reports: Paramount is in advanced talks with state attorneys general to resolve the antitrust lawsuit blocking its acquisition of Warner Bros. Discovery, CNN's parent company.But the talks are creating divisions among some of the Democratic states that brought the lawsuit two months ago, sources tell CNN.California Attorney General Rob Bonta, who has been leading the 12-state coalition, has been pressing to strike a settlement deal with Paramount in recent days.However, some of the states are not yet on board. New York Attorney General Letitia James has been resisting the deal terms and seeking additional protections for workers, according to a person familiar with the matter.Connecticut and at least two other states also have reservations about the settlement and are not currently on board. The holdouts are seeking additional remedies from Paramount. Read more.
Paramount nears merger settlement, but some key state AGs are not on board yet
Paramount is in advanced talks with state attorneys general to resolve the antitrust lawsuit blocking its acquisition of Warner Bros. Discovery, CNN's parent company.
But the talks are creating divisions among some of the Democratic states that brought the lawsuit two months ago, sources tell CNN.
California Attorney General Rob Bonta, who has been leading the 12-state coalition, has been pressing to strike a settlement deal with Paramount in recent days.
However, some of the states are not yet on board. New York Attorney General Letitia James has been resisting the deal terms and seeking additional protections for workers, according to a person familiar with the matter.
Connecticut and at least two other states also have reservations about the settlement and are not currently on board. The holdouts are seeking additional remedies from Paramount.
Stock market today: Dow retakes 50,000 level, S&P 500 and Nasdaq surge to fresh records as AI trade roars back Yahoo Finance • 4mo ago ^DJI NVDA
Stock market today: Dow retakes 50,000 level, S&P 500 and Nasdaq surge to fresh records as AI trade roars back
Stock market today: Nasdaq bounces back, S&P 500 and Dow rise as earnings, falling oil prices offset chip weakness Yahoo Finance • 1mo ago ^IXIC ^GSPC
Stock market today: Nasdaq bounces back, S&P 500 and Dow rise as earnings, falling oil prices offset chip weakness
Stock market today: Dow rises, Nasdaq slips as Nvidia leads chip stocks lower, oil prices plunge Yahoo Finance • 1mo ago CL=F NVDA
Stock market today: Dow rises, Nasdaq slips as Nvidia leads chip stocks lower, oil prices plunge
Stock market today: Dow, S&P 500, Nasdaq bounce but end turbulent week with sharp losses Yahoo Finance • 9mo ago BTC-USD ^GSPC
Stock market today: Dow, S&P 500, Nasdaq bounce but end turbulent week with sharp losses
Stock market today: Dow, S&P 500, Nasdaq jump to kick off February as gold, silver, bitcoin remain volatile Yahoo Finance • 7mo ago BTC-USD SI=F
Stock market today: Dow, S&P 500, Nasdaq jump to kick off February as gold, silver, bitcoin remain volatile
Stock market today: Dow, S&P 500, Nasdaq slip as oil prices climb, Nvidia stock pulls back Yahoo Finance • 1mo ago ^IXIC CL=F
Stock market today: Dow, S&P 500, Nasdaq slip as oil prices climb, Nvidia stock pulls back
Stock market today: Dow, S&P 500, Nasdaq rise as bitcoin rockets back above $90,000 Yahoo Finance • 9mo ago BTC-USD ^GSPC
Stock market today: Dow, S&P 500, Nasdaq rise as bitcoin rockets back above $90,000
Stock market today: Dow rises, S&P 500, Nasdaq fall as tech rotation trade resumes, US-Iran tensions flare Yahoo Finance • 3mo ago ^DJI ^GSPC
Stock market today: Dow rises, S&P 500, Nasdaq fall as tech rotation trade resumes, US-Iran tensions flare
Stock market today: S&P 500, Nasdaq rise on chip stock rebound, Dow slips Yahoo Finance • 3mo ago ^DJI ^IXIC
Stock market today: S&P 500, Nasdaq rise on chip stock rebound, Dow slips
Stock market today: Dow, S&P 500, Nasdaq jump as Trump confirms Xi meet, earnings flood in Yahoo Finance • 10mo ago TSLA IBM
Stock market today: Dow, S&P 500, Nasdaq jump as Trump confirms Xi meet, earnings flood in
