Biggest movers · At the close
  • AMCAMC Entertainment$2.71+6.1%
  • EXPEExpedia$337.61+5.0%
  • SNAPSnap$5.47+4.3%
  • BROSDutch Bros$51.84+4.0%
  • ULTAUlta Beauty$540.82+3.7%
  • AAOIApplied Optoelectronics$110.34-11.6%
  • HIMSHims & Hers$30.91-8.5%
  • TEMTempus AI$66.83-8.1%
  • IONQIonQ$41.45-7.6%
  • SNDKSanDisk$1,491.74-6.5%

The damage at Monday's close ran deeper than the gains: Applied Optoelectronics shed 11.6% while the best performer, AMC Entertainment, managed 6.08%. Four of the five worst names lost more than 7% in a single session.

CLOSING BELL
U.S. Markets
  • S&P 500-0.29%
  • Dow Jones Industrial Average+0.30%
  • Nasdaq Composite-0.68%

Money rotated out of tech today: the Nasdaq gave up 0.68% while the Dow finished higher, leaving the S&P 500 slightly in the red. If you only own megacap tech, this was not a quiet session.

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Once compute trades on a futures curve, GPU capacity gets priced like a commodity, and every hyperscaler's cost base becomes something the market marks daily.

AI capex is projected to reach $765B in 2026, passing oil and gas for the first time. Compute is now getting its first futures contract. Here is what has to be true for it to work… https://t.co/STpPLN8wol
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Biggest dividend payouts · Aug 24
MCHPMicrochip Technology
$247M$0.46 per share
  • 2TSCOTractor Supply$0.24/sh$125M
  • 3GLNGGolar LNG$0.25/sh$25.5M
  • 4PATKPatrick Industries$0.47/sh$15.1M
  • 5JCAPJefferson Capital$0.24/sh$13.8M

Microchip Technology is sending shareholders $247.1 million, or 45.5 cents a share, with the money arriving September 9. Tractor Supply is next with $125.0 million, followed by Golar LNG, Patrick Industries and Jefferson Capital.