Don’t look now, but record highs are back within Wall Street’s reach. The S & P 500 ended Tuesday’s session less than 1% below an all-time high reached in December. The Dow Jones Industrial Average and Nasdaq Composite are about 2% below their respective records. This comes as animal spirits gain new life on the…
The surprise Stargate project announcement at the White House on Monday creates new opportunities for artificial intelligence-related stocks — and some other companies too, according to Wall Street analysts. The joint venture among Softbank , Oracle and OpenAI pledged to invest up to $500 billion in the U.S. ‘s AI infrastructure, with $100 billion of…
CNBC’s Jim Cramer dissected Tuesday’s market action, speculating about how President Donald Trump’s first days in the White House are impacting the market. He suggested that stocks rallied because some investors believe Trump’s tariff promises are more severe than his action will be. “In the last go round, Trump did lay into companies that were…
Global chip makers are in focus amid a boom in artificial intelligence applications. Sefa Ozel | E+ | Getty Images Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price. Micron forecast revenue for its quarter ending at the end of November…