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
Alphabet shares rose more than 3% in early trading as the Google parent’s earnings underscored a key message to investors: AI spending is climbing, but so are the returns.
Read More Alphabet jumps as AI-driven spending fuels cloud revenue surge
A sweeping cyber-espionage campaign organization centered on vulnerable versions of Microsoft’s server software has now claimed about 400 victims.
Read More Microsoft server hack has now hit 400 victims, researchers say
A security patch released by Microsoft last month failed to fully fix a critical flaw in U.S. tech giant’s SharePoint server software that had been identified in May.
Read More Microsoft knew of SharePoint server exploit but failed to effectively patch it
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