Employers added a surprisingly solid 119,000 jobs in September, issuing a key economic report that had been delayed seven weeks by the federal government shutdown.
Read More Wall Street shoots toward its best day since May on Nvidia’s profit report and hopes for lower rates
The Dow Jones Industrial Average hit a record on Tuesday as the floodgates opened for companies reporting how much profit they made during the summer.
Read More The Dow hits a record as 3M, Coca-Cola and other big US stocks climb
The purchase from Australian Macquarie Asset Management is the first deal for the AI Infrastructure Partnership which also includes Abu Dhabi-based fund MGX and Elon Musk’s startup xAI.
Read More BlackRock, Nvidia-backed group strikes $40 billion AI data center deal
AMD will supply AI chips to OpenAI in a multi-year deal that would give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.
Read More AMD signs AI chip-supply deal with OpenAI, shares surge over 34%
Nvidia will invest up to $100 billion in OpenAI and supply it with data center chips, marking a tie-up between two of the highest-profile players in the global AI race.
Read More Nvidia to invest $100 billion in OpenAI, linking two artificial intelligence titans
The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.
Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps