Arm, Marathon Digital, SanDisk Lead a Strong AI and Chip Rally at the Close

As seen on the 24/7 Wall St. homepage on July 9, 2026.

Biggest movers · At the close Jul 9, 4:10pm ET

Gainers

ARMArm$332+10.6%
MARAMarathon Digital$13.26+10.3%
SNDKSanDisk$1,903.99+10.2%
HPEHewlett Packard Enterprise$48.93+9.5%
AAOIApplied Optoelectronics$124.86+9.1%

Losers

AXONAxon Enterprise$577.03-3.8%
DKNGDraftKings$26.35-3.0%
CRMSalesforce$161.71-2.9%
PLTRPalantir$128.51-2.8%
XOMExxon Mobil$137.51-2.6%

Arm, Marathon Digital, and SanDisk all jumped over 10% as semiconductor and AI infrastructure stocks dominated the close. Energy stocks fell, with Exxon Mobil sliding 2.6%.

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Arm (ARM) closed up 10.58% at $332, Marathon Digital (MARA) gained 10.32% to finish at $13.26, and SanDisk (SNDK) rose 10.24% to $1,903.99, making all three among the session's standout performers. Hewlett Packard Enterprise added another 9.53% to reach $48.93, while Applied Optoelectronics climbed 9.11% to $124.86, rounding out a broad sweep of gains across semiconductor and AI infrastructure names.

The session's losses were concentrated in a different corner of the market. Exxon Mobil slid 2.57% to $137.51, consistent with broader weakness in energy stocks. Axon Enterprise was the steepest decliner on the day, falling 3.8% to $577.03, followed by DraftKings at -3.04% to $26.35, Salesforce at -2.92% to $161.71, and Palantir at -2.8% to $128.51.

Sources

Mentioned: ARM, MARA, SNDK, HPE, AAOI, AXON, DKNG, CRM

Related Market Updates

HPE Hewlett Packard Enterprise

Q3 2026

4:06pm ET

EPS

$1.11

est $0.93 +19.9%

Revenue

$12.21B

est $11.91B +2.5%

The AI infrastructure build-out is now showing up in profits: non-GAAP operating margin nearly doubled to 16.2% from 8.5% a year ago. Management raised full-year FY26 EPS guidance to $3.75 to $3.85 and set FY27 free cash flow at a minimum of $5 billion.

HPE Hewlett Packard Enterprise

Regular session

3:40pm ET

$52.45

+3.11% open $50.87

Buyers pushed it up 3.11% to $52.45 with earnings due after the close today, so anyone waiting for the report is already paying up. The setup leaves little cushion if the numbers disappoint.

Biggest movers · At the close Sep 1, 4:10pm ET

Gainers

GPROGoPro$1.21+38.1%
DUOLDuolingo$159.32+7.4%
CLOVClover Health$4.3+3.5%
AAPLApple$325.49+2.7%
XOMExxon Mobil$164.53+2.2%

Losers

AXONAxon Enterprise$519.24-8.3%
APPSDigital Turbine$9.96-7.4%
DELLDell Technologies$422.72-7.3%
CAVACava$61.37-6.7%
SSentinelOne$20.65-6.6%

Closed up 38.1%, a move no other priority name came close to matching. Axon, Digital Turbine, Dell, Cava and SentinelOne all shed more than 6.5% in a single session.

Biggest movers · At the close Aug 31, 4:10pm ET

Gainers

GPROGoPro$0.86+43.5%
TSLATesla$368.39+5.6%
SNDKSanDisk$1,562.46+5.2%
IRENIren$37.09+4.6%
ULTAUlta Beauty$537.5+3.9%

Losers

TTWOTake-Two Interactive$220.06-6.5%
AXONAxon Enterprise$568.95-5.3%
LYFTLyft$16.86-4.7%
AFRMAffirm$74.35-4.4%
UBERUber$75.6-4.1%

GoPro closed up 43% at 86 cents, a sub-dollar stock swinging harder than anything else in the 111-name priority list. Tesla and SanDisk added better than 5%, while Take-Two led the decliners at 6.5% lower.

Biggest movers · At the close Aug 28, 4:10pm ET

Gainers

WDAYWorkday$205.92+6.4%
DKNGDraftKings$25.53+5.4%
SPOTSpotify$546.01+3.6%
AMZNAmazon$265.35+3.5%
EXPEExpedia$328.9+3.1%

Losers

IRENIren$35.38-12.7%
RBRKRubrik$94.34-11.8%
MARAMarathon Digital$10.65-10.3%
HIMSHims & Hers$28.65-9.5%
TEMTempus AI$64.17-9.2%

Nearly 20 points separated the best and worst names at Friday's close: Iren gave up 12.72% while Workday added 6.38%. Three losers dropped more than 10% in a single session, a reset worth checking before Monday.

the enterprise software feud · 5y Aug 27, 6:00pm ET

$10K invested in each — worth today:

MSFT$17.5K1.8×

CRM$9.6K1.0×

Five years ago $10,000 split between these two enterprise software rivals: Microsoft turned it into $17,527, while Salesforce handed back $9,598, still under water. A near $8,000 gap from the same starting line.

Biggest movers · At the close Aug 27, 4:10pm ET

Gainers

CRMSalesforce$251.88+22.5%
PANWPalo Alto Networks$386.19+13.8%
RBRKRubrik$107.02+11.3%
SSentinelOne$22.74+10.9%
FTNTFortinet$173.58+10.2%

Losers

EXPEExpedia$316.85-5.0%
SPOTSpotify$527.65-4.1%
IQiQIYI$0.94-4.1%
FUBOfuboTV$10.02-2.7%
MCDMcDonald's$260.46-2.4%

A 22.5% close for a company Salesforce's size almost never happens, and four of the five top gainers were cybersecurity names posting double-digit gains. The downside was tame by comparison: Expedia led decliners at just under 5%.

CRM Salesforce

Regular session

Aug 27, 3:20pm ET

$251.01

+8.71% open $230.90

A single-session jump of 8.71% is rare for a $206 billion enterprise software name, and it follows Tuesday's Q2 FY2027 earnings beat. Keep an eye on whether the gap holds through the close.

Chamath Palihapitiya @chamath Quote post

Aug 27, 11:57am ET

Chamath is calling the June/July software washout the bottom, using Salesforce's raised FY27 guidance of $46.1B to $46.4B as proof the AI-agent fear trade overshot.

As I mentioned previously a month or so ago on @theallinpod, the bottom was in in SaaS in June/July. Their financial results keep delivering and now valuations will snap back in turn. Models and harnesses will need tight integration with systems of record to deliver the next https://t.co/EbEvLApG7q [Quoted @Benioff]: #1 Q2 in Salesforce history. $11.3B Revenue. +11% $33.5B cRPO growth. +14% $5.90 Non-GAAP EPS. +103% $15.2B TTM Free Cash Flow. $3.9B Agentforce + Data 360 ARR. 7.0B AWUs delivered all-time. Raising FY27 guidance to $46.1–$46.4B. 3.2B AWUs in Q2 (+97% q/q) 6x growth in MCP https://t.co/dpzVdedk6C

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CRM Salesforce

Regular session

Aug 27, 11:20am ET

$249.31

+7.97% open $230.90

Salesforce is up 7.97% after its Q2 FY2027 earnings beat, a rare burst of conviction in a stock that has spent the year fighting doubts about AI eating into seat-based software. Follow-through this week decides whether it is a re-rating or a one-day pop.

Biggest movers · At the close Aug 26, 4:10pm ET

Gainers

ANETArista Networks$202.78+6.2%
RBRKRubrik$96.68+4.3%
ARMArm$251.53+4.1%
DELLDell Technologies$467.63+3.6%
HPEHewlett Packard Enterprise$55.28+3.4%

Losers

SNAPSnap$5.45-8.0%
HIMSHims & Hers$29.63-6.7%
LCIDLucid$4.92-6.6%
FUBOfuboTV$10.26-6.3%
IRENIren$39.74-5.8%

Arista Networks closed up 6.2%, the best move in a 111-stock priority list where hardware names took the top four gainer slots. Snap fell 8% to $5.45, the day's steepest decline.

CRM Salesforce

Q2 2027

Aug 26, 4:03pm ET

EPS

$5.90

est $3.27 +80.4%

Revenue

$11.35B

est $11.32B +0.3%

Agentforce and Data 360 ARR is now near $3.9 billion, up over 210% year over year, while $2.61 billion of the EPS beat came from gains on strategic investments. Full-year revenue guidance rose $200 million to $46.1 billion to $46.4 billion.