What to Watch in Tuesday’s Trading: Tech, Bitcoin, and Global Moves

​Tech Steals the Spotlight
All eyes are on Big Tech after OpenAI and AMD’s surprise partnership lit up Wall Street. AMD stock skyrocketed 24%, hitting an intraday record, while the VanEck Semiconductor ETF (SMH) climbed 2% to fresh highs. Applied Materials also jumped 3%, now up a massive 38% this month, though Nvidia slipped slightly after its recent rally.

Bernstein’s top chip analyst, Stacy Rasgon, summed up the market’s mood: “OpenAI can either crash the global economy or take us to the promised land.” Investors seem to be betting on the latter.

McCormick Spices Things Up
The spice king McCormick & Company reports earnings Tuesday morning. Its stock has fallen 9% since last quarter’s report and remains 21% below its March peak. Analysts will be watching to see if the company can turn up the heat on its sales, especially with household staples like Old Bay and seasoning mixes driving most of its growth.

Bitcoin Breaks Records
Crypto traders are celebrating after Bitcoin crossed the $125,000 mark — double its value from a year ago. Riot Platforms led the crypto stock rally, soaring 11% to a record high, while CleanSpark gained 9% and Coinbase rose 1.6%. Bitcoin’s meteoric rise — up more than 200% in six months — continues to reinforce the digital asset comeback narrative.

Global Market Highlights
- Canada: Prime Minister Mark Carney meets President Donald Trump on Tuesday, just as the iShares MSCI Canada ETF (EWC) hit an all-time high, up 27% in 2025.
- France: Political turbulence struck as Prime Minister Sébastien Lecornu resigned, sending the iShares MSCI France ETF (EWQ) down 1.6% amid concerns about new economic uncertainty.
- Israel: Hints of a breakthrough in peace talks with Hamas lifted the iShares MSCI Israel ETF (EIS) by 0.8%, pushing it to a new record. The fund is up 31% this year and a stunning 86% since the war began two years ago.

The Bottom Line
​Tuesday’s trading setup is buzzing with opportunity — from AMD’s rally and Bitcoin’s surge to shifting global headlines. With tech leading the charge and geopolitical stories adding spice, it’s shaping up to be a volatile, high-energy day on Wall Street.