Big Tech’s AI spending, Treasury yields plunge: Market Takeaways
US stocks (^GSPC, ^IXIC, ^DJI) closed higher as Nvidia (NVDA) shares rose over 5%. This is driven by continued artificial intelligence (AI) investments from Big Tech despite initial concerns about reduced capital expenditures (CapEx) spending. Yahoo Finance senior reporter Josh Schafer joins Asking for a Trend host Josh Lipton to note that major companies like…
