Crypto Stocks Fall as COIN Drops; Dow, S&P, Nasdaq Rise on Amazon–OpenAI/NVIDIA News
WLD/USDT
$101,056,570.91
$0.4053 / $0.3934
Change: $0.0119 (3.02%)
-0.0038%
Shorts pay
At the opening bell, U.S. equities advanced modestly as the Dow rose 0.28%, the S&P 500 gained 0.53%, and the Nasdaq climbed 0.96%, signaling a cautious risk appetite amid macro cues.
Tech leadership supported gains as Amazon surged about 4.5% on news of a $38 billion deal to provide NVIDIA-based compute power for OpenAI, bolstering the AI cloud infrastructure narrative.
NVIDIA shares rose roughly 2.7% as reports suggested the U.S. has approved Microsoft‘s first export of the latest chips to the UAE, a move that could influence AI supply chains and enterprise deployments.
Crypto-related equities finished lower, with MSTR down 1.59%, CRCL -2.14%, COIN -2.56%, SBET -4.37%, and BMNR -5.29%, underscoring a rotation away from speculative crypto plays.