Aug 24, 2026 · 8 min
Expedia rises as AI costs pressure chipmakers
Closing Bell: Expedia Gains, Movies Climb After Solid Weekend, Canada Goose Falls
The market moves reflect competing signals from travel, entertainment, semiconductor demand, consumer risks, and uncertain interest-rate expectations.
- 1Expedia reaches a record high after an analyst raises its price target, while movie-theater stocks gain on strong Spider-Man results.
- 2NVIDIA, SanDisk, and Micron decline as rising AI-server prices raise concerns about pressure on major customers.
- 3Longer-term Treasury yields fall while the two-year yield holds steady, underscoring uncertainty about the next move in rates.
Don't miss
IMAX and Cinemark rally after strong Spider-Man box-office results, creating the episode’s clearest contrast with the semiconductor declines.
The brief
Expedia reaches a record high after an analyst raises its price target, while IMAX and Cinemark climb as strong Spider-Man box-office results lift movie-theater activity.
The winners give way to a more fragile technology story: NVIDIA, SanDisk, and Micron fall amid concerns that rising AI-server prices could pressure major customers.
Canada Goose declines after a downgrade tied to weather and tariff risks, adding consumer and supply-chain uncertainty to the day’s market picture.
Treasury yields send a mixed signal, with longer-term rates falling and the two-year yield little changed as traders remain unsure about the next direction for rates.
The program closes by previewing a smart-cities discussion with Jacob Greaves, Rohit Krishnan, and Estefanía Tapias on AI, urbanization, and Dubai’s long-term planning.
What was said on this episode
10 statements · 5 positive · 5 negative
Spider-Man’s domestic box office reached nearly $130 million, up 64% year over year
“Spider-Man, brand new day. uh, brought in over the domestic box office, close to $130 million. That was up 64% year over year.”
Listen at 1:55
Gold is continuing to rise
“gold continues its run higher”
Listen at 2:26
NVIDIA was on its longest losing streak since 2022
“NVIDIA down actually seeing its worst streak since. 2022, that's September, down for a seventh straight day”
Listen at 2:58
Prices for certain AI servers are rising above 15%
“prices for certain AI servers are going above 15%”
Listen at 3:11
Warmer weather and El Niño pose concerns for Canada Goose
“warmer weather and El Nino. continuing to be in focus when we take a look at this company and others.”
Listen at 3:53
Hims & Hers’ introductory membership rises from $39 to $149
“It starts out at a $39 intro membership and actually jumps to $149 after that”
Listen at 4:28
Twenty- and thirty-year Treasury yields fell about four basis points
“the 20 and 30-year yield down about four basis points”
Listen at 4:47
AI will accelerate and compress smart-city processes
“AI will allow in the smart city space to compress a lot of things. The speed will change.”
Listen at 5:47
Dubai responded effectively to its sudden population increase
“they reacted very well to it.”
Listen at 6:13
Dubai has a long-term urban planning vision
“They have a long-term urban planning vision, which again doesn't happen everywhere in the world.”
Listen at 6:15
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Romaine Bostick
Spider-Man
Bloomberg: Business News Daily
United StatesBooks & mentions
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