Stock Yards Bancorp, M&T Bank Raise Quarterly Dividends

Recent market activity saw mixed movements in major U.S. stock indices, with the Dow Jones slightly up while the S&P 500 and Nasdaq declined, particularly impacting tech stocks. Nvidia's shares fell over 3%, attributed in part to a broader tech sell-off and challenges in the AI sector, despite the company's development of a new AI chip, the B30A, aimed at enhancing its offerings in China. Palantir's stock dropped sharply amid skepticism over its high valuation and a bearish short-seller report, though the company continues to expand AI partnerships internationally. Oracle also experienced a notable decline following corporate restructuring and the departure of a key security executive, while AMD's shares fell amid intensified competition in the semiconductor market. Additionally, dividend increases were announced by several companies including Stock Yards Bancorp, Insperity, M&T Bank, and Royal Gold, reflecting steady profitability and shareholder value growth in those firms. Meanwhile, BHP faced profit pressures from weakening iron ore prices but benefited from rising copper prices influenced by tariffs, maintaining investor interest despite market challenges.