Wall Street ended higher on Tuesday as chip stocks rose on renewed AI optimism, Moderna rebounded and the Dow Jones Industrial Average hit a record high. Moderna jumped after BofA Global Research raised its price target for the drugmaker, lifting the S&P 500 healthcare index. Memory and storage technology stocks rose after Nvidia CEO Jensen […]
The steep rally in stocks on Wall Street is raising investor concerns about the formation of a bubble, which could lead to a significant correction. Optimism about the prospects of artificial intelligence has boosted the valuations of several tech heavyweights, including Nvidia, Microsoft and most recently Oracle. This has pushed the benchmark S&P 500, Nasdaq […]
US shares continued to climb on Friday, while Wall Street came down on the finish of a new record week, stimulated by optimism around artificial intelligence and the hope of easier interest rates despite a partial government step.The S&P 500 rose by 0.2%and is on track for the age of seventh, while the industrial average […]