The US stock market opened steadily today, with all three major indices in the green. The Dow Jones rose by 0.35%, the S&P 500 increased by 0.28%, and the Nasdaq performed slightly better with a rise of 0.45%.
In terms of individual stocks, Boeing has directly risen by about 6%—the reason is that the U.S. Department of Justice's penalty decision will be postponed until 2026, which is considered a temporary relief.
Even more impressive is Credo Technology, a company that specializes in semiconductor connectivity solutions, which directly rose by 14%. Their second-quarter financial report data is quite strong, with both profits and revenue exceeding market expectations. There are still some structural opportunities in this wave of tech stocks.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
7
Repost
Share
Comment
0/400
ValidatorVibes
· 5h ago
yo credo's 14% pop is just consensus finding its level... when fundamentals actually matter for once lol. meanwhile boeing's getting a 2026 reprieve? that's not governance, that's just regulatory theater fr fr
Reply0
CryptoGoldmine
· 12-02 15:08
From the perspective of the growth logic of the computing power network, Credo's 14% rise actually reflects the real demand for chip infrastructure being released.
Boeing's 6% rise is a bit amusing, as it can rebound just because of a fine delay; is market sentiment really that cheap?
Compared to chasing trendy stocks, I still follow the ROI performance of chips in AI computing power, which is the true long-term investment return cycle.
The earnings report exceeding expectations needs to look at the gross profit margin; otherwise, the revenue figures are merely a psychological comfort.
The Nasdaq's 0.45% rise seems mild, but the structural differentiation is where the real mining vein lies.
View OriginalReply0
BasementAlchemist
· 12-02 15:04
This round of credo is indeed fierce, directly getting liquidated by 14%. It should be like this with the second quarter report exceeding expectations... The Boeing issue is dragged to 2026, haha, a typical American delaying tactic.
View OriginalReply0
GateUser-5854de8b
· 12-02 15:02
The recent big pump of credo is indeed outrageous, hitting 14% directly... However, this kind of earnings report market often results in a quick release of emotions, so don't get carried away.
View OriginalReply0
LidoStakeAddict
· 12-02 15:01
Credo's 14% this time is really impressive, the financial report data is solid. The semiconductor connection solutions segment has indeed been underestimated, there are still opportunities for tech stocks.
View OriginalReply0
BlockchainWorker
· 12-02 14:44
I didn't enter a position on this 14% surge of credo, if I had known earlier, I would have been lying in ambush. The semiconductor connection sector really has room for imagination.
View OriginalReply0
SneakyFlashloan
· 12-02 14:43
The 14% rise in credo is a bit outrageous. When did companies with this semiconductor connection solution become so impressive? We need to dig into the financial report details, lest it be another case of false prosperity.
All three major indices in the US stock market opened higher, with semiconductor stock Credo soaring 14%.
The US stock market opened steadily today, with all three major indices in the green. The Dow Jones rose by 0.35%, the S&P 500 increased by 0.28%, and the Nasdaq performed slightly better with a rise of 0.45%.
In terms of individual stocks, Boeing has directly risen by about 6%—the reason is that the U.S. Department of Justice's penalty decision will be postponed until 2026, which is considered a temporary relief.
Even more impressive is Credo Technology, a company that specializes in semiconductor connectivity solutions, which directly rose by 14%. Their second-quarter financial report data is quite strong, with both profits and revenue exceeding market expectations. There are still some structural opportunities in this wave of tech stocks.