The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focusTag: Meta Platforms
Nvidia eclipses Microsoft as world’s most valuable company
Nvidia dethroned tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate AI technology.
Read More Nvidia eclipses Microsoft as world’s most valuable companyBroadcom soars as demand for AI chips powers forecast raise
Broadcom surged about 15% as its upbeat annual forecast highlighted insatiable demand for chips used in powering AI-focused technology.
Read More Broadcom soars as demand for AI chips powers forecast raiseCisco rises as networking equipment demand rebound takes root
The world’s largest networking equipment maker had struggled with sluggish demand as customers adjusted piled up inventory from frenetic buying during the pandemic.
Read More Cisco rises as networking equipment demand rebound takes rootTikTok to label AI-generated content from OpenAI and elsewhere
TikTok aims to label AI-generated images and videos on its platform using Content Credentials.
Read More TikTok to label AI-generated content from OpenAI and elsewhereWall St edges up as Tesla and Apple gain; Fed decision awaited
Wall Street’s main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced.
Read More Wall St edges up as Tesla and Apple gain; Fed decision awaited
