NASDAQ Gains as Apple Stock Surges on $100 Billion Investment News While AMD Falls on China Concerns

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•  06 Aug 2025
 

Wall Street traders drove stocks higher today following yesterday's market decline amid economic concerns. The NASDAQ composite index gained 1%, while the S&P 500 rose 0.7% to trade around the 6,300-point level, marking a significant recovery in major stock market indices.

Apple stock surged 4.5-6% after President Trump announced the tech giant's commitment to a new $100 billion investment in domestic manufacturing. This brings Apple's total investment plan to an impressive $600 billion over four years. The official announcement is scheduled to take place at the White House today, featuring President Trump and Apple CEO Tim Cook.

This major investment news has positioned Apple as a key beneficiary in today's market rally, demonstrating strong confidence in U.S. manufacturing capabilities and domestic

AMD stock plummeted 8.4% despite the company providing a stronger-than-expected sales forecast. The decline came after AMD issued warnings about uncertainty regarding access to the crucial Chinese market, highlighting ongoing geopolitical tensions affecting semiconductor companies.

The mixed performance between Apple and AMD illustrates how individual company circumstances can override broader market trends, even within the same technology sector.

S&P 500 companies earnings results significantly exceeded expectations for the second quarter, showing a remarkable 9.1% increase - three times the original forecast and the highest rate of beating expectations since 2021.

Wall Street analysts explain that despite potential stock corrections due to macroeconomic factors and negative seasonal trends, these corrections will likely become good buying opportunities for investors.

In international trade news, President Trump signed an executive order imposing an additional 25% tariff on India for purchasing energy from Russia, adding to ongoing trade tensions.

Goldman Sachs argues that stocks continue to rise because betting against the current market trend "seems almost illogical." Meanwhile, UBS recommends that investors who already held stocks according to their strategy should consider short-term hedging, while investors with low stock exposure should prepare to increase their holdings during possible market declines.

The recent "meme stock" phenomenon saw real estate company Opendoor surge hundreds of percent after retail traders targeted it. However, following its quarterly earnings report, investors are meeting reality as Opendoor stock fell 18% in after-hours trading, demonstrating how fundamentals ultimately matter in long-term investing.