Biggest movers · At the close
  • AAOIApplied Optoelectronics$150.13+15.4%
  • FUBOfuboTV$10.46+6.7%
  • SNDKSanDisk$1,627.62+6.5%
  • CIFRCipher Mining$17.69+6.4%
  • AMDAMD$508.57+5.3%
  • DUOLDuolingo$134.39-6.7%
  • ASANAsana$9.21-6.7%
  • SMRNuScale Power$9.27-5.9%
  • ACHRArcher Aviation$6.56-5.9%
  • AMCAMC Entertainment$2.51-4.8%

Applied Optoelectronics closed out the week up 15.4% at $150.13, nearly triple the next best move on the board. Chip and storage names filled in behind it, while Duolingo and Asana ended the week lower.

CLOSING BELL
U.S. Markets
  • S&P 500-0.21%
  • Dow Jones Industrial Average-0.12%

A 0.2% slide into the weekend leaves the S&P 500 at 7,782, still within arm's reach of its high, with next week's Fed minutes the next real catalyst. Nothing broke today, but positioning ahead of that release starts Monday.

If regulators signed off on more than 80% of carrier requests to carve AI damages out of general liability coverage, every company deploying AI is now self-insuring that exposure whether it knows it or not.

The insurance industry has priced the AI risk. Carriers went to state regulators this year asking to exclude AI-related damages from ordinary general liability policies. Regulators approved more than 80% of those requests, and the standard forms behind roughly 82% of
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Stock picks

Seth Klarman Just Quietly Bought a Piece of Bill Ackman's Firm

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Earnings on deck — Aug 17–21
103 companies68 before open35 after close

Home Depot reports Tuesday before the open, the cleanest read yet on whether the housing-tied consumer is still spending. It anchors a 103-company week that also puts Baidu, Klarna and optical supplier Fabrinet on the tape.

  • HTHTH World Group Limited Mon Aug 17Before open
  • FUFUBitFuFu Inc.Mon Aug 17Before open
  • NSPRInspireMD, Inc.Mon Aug 17Before open
  • AGPUAXE COMPUTEMon Aug 17Before open
  • CRGOFreightos LimitedMon Aug 17Before open
  • FLXSFlexsteel Industries, Inc.Mon Aug 17After close
  • FNFabrinetMon Aug 17After close
  • XPXP Inc.Mon Aug 17After close
  • DCGODocGo Inc. Mon Aug 17After close
  • YALAYalla Group LimitedMon Aug 17After close
  • HDHome Depot, Inc.Tue Aug 18Before open
  • BIDUBaidu, Inc.Tue Aug 18Before open
  • KLARKlarna Group plcTue Aug 18Before open
  • ASAmer Sports, Inc. Tue Aug 18Before open
  • PREPrenetics Global LimitedTue Aug 18Before open