{"id":345035,"date":"2026-06-02T18:02:55","date_gmt":"2026-06-02T22:02:55","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=345035"},"modified":"2026-06-02T18:02:58","modified_gmt":"2026-06-02T22:02:58","slug":"ai-mania-pushes-stocks-to-new-highs","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/ai-mania-pushes-stocks-to-new-highs\/","title":{"rendered":"AI-mania pushes stocks to new highs"},"content":{"rendered":"\n

The appetite for any stock related to AI and data centres continued to rage on Tuesday, sending the New York and even Toronto indices to record closes. The S&P climbed 0.13% higher, the Nasdaq 0.03%, the Dow 0.45% and the TX 1.25% or 434 points to 35,109. Nvidia CEO Jensen Huang declared that Marvell will be the next trillion-dollar company. Marvell<\/a>‘s shares then rocketed 32.52%. Also soaring was HP<\/a> after a blow-out quarter, up 19.47%. Coherent<\/a>\u00a0jumped 17.63%, though Trade Desk<\/a> tumbled 9.13%. The U.S. 10-year yield slipped modestly to 4.453%, while Bitcoin<\/a> fell over 6% to US$66,910.<\/p>\n\n\n\n

The TSX rallied to record highs on the strength of energy, materials and financials. Healthcare was among only three sectors to lose ground. Notable names included Celestica<\/a> up 10.98%, CNQ<\/a> 2.8%, BlackBerry<\/a> 5.88%, Energy Fuels<\/a> 10.89% and Discovery Silver<\/a> 10.78%. Silver edged up 0.45% to US$75.05 while gold added US$5 to US$4,489. WTI ground 1.55% higher to US$93.60.<\/p>\n\n\n\n

🧬 Marvell Technology Group (MRVL)<\/a> +32.52%<\/p>\n\n\n\n

💾 Hewlett-Packard Co (HPQ)<\/a> +19.47%<\/p>\n\n\n\n

🧬 Coherent Corp. (COHR)<\/a> +17.63%<\/p>\n\n\n\n

💾 Trade Desk (TTD)<\/a> -9.13%<\/p>\n\n\n\n

🅱 Bitcoin (BTCUSD) (BTC-USD)<\/a> -6%<\/p>\n\n\n\n

🧬 Celestica Inc. (CLS)<\/a> +10.98%<\/p>\n\n\n\n

🛢 Canadian Natural Rsrcs (CNQ.TO)<\/a> +2.8%<\/p>\n\n\n\n

📱 BlackBerry (BB.TO)<\/a> +5.88%<\/p>\n\n\n\n

🛢 Energy Fuels Inc. (EFR.TO)<\/a> +10.89%<\/p>\n\n\n\n

🥈 Discovery Silver (DSV.TO)<\/a> +10.78%<\/p>\n","protected":false},"excerpt":{"rendered":"

The appetite for any stock related to AI and data centres continued to rage on Tuesday, sending the New York and even Toronto indices to record closes. The S&P climbed 0.13% higher, the Nasdaq 0.03%, the Dow 0.45% and the […]<\/p>\n","protected":false},"author":9,"featured_media":343920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-345035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=345035"}],"version-history":[{"count":1,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345035\/revisions"}],"predecessor-version":[{"id":345036,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/345035\/revisions\/345036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/343920"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=345035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=345035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=345035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}