On Wednesday, the US stock market saw NVIDIA close marginally lower by 0.14%, as investors awaited its forthcoming quarterly report to confirm the progress of the AI infrastructure development cycle. Palantir, meanwhile, suffered a six-day losing streak, accumulating a decline of 16.56%. Tesla shares dipped 1.64% after Elon Musk announced that the Model Y L might not be introduced in the US market. Apple also closed down 1.97%, while Google unveiled its new Pixel 10 series, showcasing enhanced AI integration capabilities. Amazon, reporting a decline of 1.84%, released a report on the growth of its business services. Conversely, Strategy Analytics surged 2.32% on the back of rising Bitcoin prices. Intel closed down 6.99% and is exploring equity funding options to alleviate its financial pressures. Target fell 6.33% as the market responded negatively to the appointment of its new CEO. Reddit, despite reporting second-quarter revenue significantly exceeding expectations and Morgan Stanley raising its target price, closed down 4.30%.