But investors aren't all on board: Some Wall Street analysts remain bearish on the stock. Morgan Stanley analysts, for example, rate PLUG stock as a sell with a price target of just $0.75 -- roughly 50% below the current share price.

Asian shares were mostly higher on Thursday after a mixed finish on Wall Street, where shares in Nvidia, Palantir and other superstar stocks pared their earlier steep losses.Traders are looking ahead for cues about U.

The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.

XPeng stock rose Tuesday after the Chinese electric-vehicle maker reported better-than-expected second-quarter results. Tuesday morning, XPeng announced a second-quarter per-share loss of four cents from sales of just under $2.

The week’s biggest news for Wall Street is likely arriving on Friday, when Federal Reserve Chair Jerome Powell will give a highly anticipated speech in Jackson Hole, Wyoming. The setting has been home to big policy announcements from the Fed in the past, and the hope on Wall Street is that Powell will hint that an interest rate cut is coming soon.

The one reason Wall Street has been obsessed with TSMC's stock, which has more than doubled the S&P 500 index's returns this year (through Aug. 15), is because of the stronghold it has on producing artificial intelligence (AI)-related chips.

The agreement came after Canada’s biggest airline and the union resumed talks late Monday for the first time since the strike began over the weekend, affecting about 130,000 travelers a day at the peak of the summer travel season. Air Canada said flights started Tuesday afternoon.

U.S. stocks opened mostly lower on Wednesday morning as investors digested a mixed batch of retail earnings and awaited the release of the Federal Reserve’s latest meeting minutes. The Dow Jones Industrial Average was rising 0.