Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.
Read More Wall St rises as Big Tech charges higherTag: market value
Chipmaker Intel falls as AI competition hurts forecast
The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.
Read More Chipmaker Intel falls as AI competition hurts forecastExclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker.
Read More Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competitionTesla quarterly deliveries fall for the first time in nearly four years
The Elon Musk-led company’s shares fell 5.3% in early trading and were on track to lose about $30 billion in market value.
Read More Tesla quarterly deliveries fall for the first time in nearly four yearsGE completes three-way split, breaking off from its storied past
The industrial giant’s aerospace and energy businesses will begin trading on the New York Stock Exchange as separate entities.
Read More GE completes three-way split, breaking off from its storied pastWall Street hunts for more AI gold after Nvidia’s soaring rally
The stock market’s interest in AI is on the rise, fueled by Nvidia’s stunning rally and potential impact on various sectors.
Read More Wall Street hunts for more AI gold after Nvidia’s soaring rally