The stock market rallied on Thursday, rebounding from a recent technology-driven sell-off. Investor sentiment improved after President Trump called off planned military strikes on Iran, fueling hopes of a potential peace agreement.
Overall, S&P 500 increased 1.8% to 7,394, while NASDAQ jumped 2.5% to 25,810.
Chart of the Day
Here is the one-year chart of Arista Networks (ANET) as of May 13, 2026, when the stock was at $141.
XPO is an advanced hardware that helps transfer data faster while keeping systems cooler and reduces the amount of networking equipment needed, lower energy use, and help companies fit more AI computing power into less space.
Management stated next-generation AI clusters require faster networking, lower latency, and better heat management as hyperscalers rapidly scale both AI training and inference workloads. Management also said that liquid-cooled optics are becoming increasingly important because networking bottlenecks are now one of the biggest limits to AI performance at scale.
XPO reduces networking racks by up to 75% and saves up to 44% of floor space compared to traditional pluggable optics, enabling shorter cable runs.
ANET is part of our Growth Stock Portfolio and Focus List. It’s a core tech holding for us.
