Hut 8 Surges Amid AI Data Center Lease as Geopolitical Tensions Weigh on Broader Market

The S&P 500 and Dow Jones fell due to rising geopolitical tensions, while Hut 8 surged over 10% after announcing a $9.8 billion AI data center lease. Energy stocks rose with oil prices near $83 per barrel.

By Emma Newbery · Motley Fool · July 20, 2026, 21:57 UTC

Tickers: $AMD $COHR $CVX $HUT $INTC $MU $NKE $XOM

Topics: AI stocks Dow Jones Industrial Average geopolitical tensions Nasdaq Composite S&P 500

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