Despite the overarching economic uncertainty, NVIDIA soared on Wednesday as it reported better-than-expected earnings. Read more about what pushed its stock upward in this article.
Nasdaq has outperformed the broader indices thanks to mega-cap tech stocks that have possibly gained due to the growing AI chatter, better-than-expected earnings, and the belief that the Fed may soon start winding down its rate hiking program.
With the US approaching its debt ceiling, investors may be looking for safety in the dollar as the country could fall into default as soon as after the June 1 deadline.
AI made the headlines numerous times in the past couple of months as companies from Alphabet to Microsoft and businessmen like Elon Musk conveyed their interest in its advancement. This article delves into the latest AI moves.
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