A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago.
Read More Echoes of dotcom bubble haunt AI-driven US stock marketTag: microsoft
AI-focused tech firms see big jump in market cap in June
Nvidia briefly overtook Microsoft to become the most valuable company in the world.
Read More AI-focused tech firms see big jump in market cap in JuneExclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.
Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revampS&P 500 notches record high as Nvidia rally continues
The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.
Read More S&P 500 notches record high as Nvidia rally continuesNvidia 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 companyWall Street retreats with data, Fed comments in focus
Wall Street’s main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week.
Read More Wall Street retreats with data, Fed comments in focus
