Market Today: Novo Nordisk Sues Eli Lilly; GM Profits Surge; AMD, Nebius Jump

Market Trends & Technology Sector - US stocks rebounded sharply, with semiconductor shares leading the rally as the Dow Jones Industrial Average climbed nearly 400 points and the S&P 500 snapped a 3-day losing streak [1] - Advanced Micro Devices and Nebus drove session gains, offsetting recent market weakness and renewing investor optimism in the technology sector [2] - Advanced Micro Devices launched its first rackscale AI system named Helios, featuring Microsoft as a key customer and intensifying competition with Nvidia [4][5] - Nebia's stock surged as much as 19% after Nvidia disclosed a 9.3% stake in the AI cloud company, sparking increased hedge fund interest [5] - Google expanded its Gemini AI lineup by introducing new Gemini 3.6% flash and cybersecurity-focused models, alongside plans for Gemini 3.5% Pro and Gemini 4 [7] - Anthropic agreed to pay 1.5 billion US dollars to authors and publishers in a copyright settlement regarding the training of its Claude chatbot [8] Industry Developments & Corporate Performance - Novo Nordisk filed a lawsuit against Eli Lily alleging false and misleading advertising related to GLP1 weight loss drugs, intensifying competition in the obesity treatment market [3] - General Motors reported strong second quarter earnings of 3.9 billion US dollars, raised its full-year outlook, announced increased shareholder payouts, and brought back gas-powered Cadillac models while slowing electric vehicle rollouts [3][4] - Goldman Sachs launched a new private markets platform to help wealthy investors access pre-IPO opportunities in high-profile private companies including SpaceX and Stripe [8] Macroeconomic & Regulatory Risks - Energy, defense, and transportation sectors experienced heightened volatility due to the ongoing US-Iran conflict, while global oil demand remained subdued with China reducing imports [6] - The US government considered sanctions against Chinese AI firms accused of building open-source models using stolen intellectual property [9] - JP Morgan Chase CEO Jamie Dimon warned that risks of a shock to both stock and bond markets are rising, stating he would not personally buy long-term bonds at current levels [9][10]