Schwab Network

Podbit · Schwab Network

Stock Market Today: NVDA $4B Bet, AI Stocks & ORCL Under Pressure

Explore episode Jul 21, 2026

Where this was said

Market Recap: Indices Close Green Across the Board

At 0:05 · chapter starts 0:00

The session ends with every major U.S. index in the green — and one well ahead of the pack. The Nasdaq's 1.9% gain towers over the Russell's 1.5%, the S&P's 0.9%, and the Dow's modest 0.7%, and the reason is no mystery. Semiconductor stocks exploded higher, with Micron, SanDisk, and Western Digital each climbing as much as 14.3% in a single session. Nvidia — the bellwether of the AI trade — closed 2% higher, suggesting the broader rotation back into technology was purposeful rather than speculative. With major big tech earnings looming later in the week, investors appear to be pre-positioning, betting that strong results will validate the AI infrastructure boom. The session reads less like a random rally and more like a deliberate bet.

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