The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.
Read More S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week
Musk said the automaker had signed a deal to source chips from Samsung, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business.
Read More Musk’s Tesla signs $16.5 billion chip supply deal with Samsung
Apple is seemingly aligning with President Donald Trump in a strategic initiative to secure domestic rare earth mineral resources — as the company is reportedly poised to announce a $500 million investment in the United States’ only active rare earth mine.
Read More Apple announces $500M investment in only rare earth mine currently operating in U.S.: ‘A huge win for the president’
Nvidia notched a market capitalization of $4 trillion, making it the first public company to solidify its position as one of Wall Street’s most-favored stocks.
Read More Nvidia clinches historic $4 trillion market value on AI dominance
Nvidia hit a market value of $3.92 trillion, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI.
Read More Nvidia set to become world’s most valuable company in history
A Dutch court confirmed Apple had abused its dominant position by imposing unfair conditions on providers of dating apps in the App Store.
Read More Dutch court confirms Apple abused dominant position in dating apps