AI Stocks Spark Market Rally as Lumentum Leads AI Rebound and AMC/Domino’s Beat

Barron’s notes a broad AI stock rebound as investors rotate back into AI hardware names, with Lumentum climbing after Barclays upgraded it and signaling renewed AI demand, lifting peers like Micron, AMD, and Nvidia. Alibaba rose on news of a new AI model preview, while AMC Entertainment jumped on stronger Q2 results and higher attendance and Domino’s Pizza edged higher on revenue beats. Sweetgreen fell on outbreak worries despite assurances, with Chipotle and Cava down as well. The piece also mentions Strategy’s Bitcoin exposure and a steadying crypto backdrop, underscoring a broader revival in AI-related equities and chipmakers amid fading fears about AI model costs.