Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades.
Read More Nvidia set to overtake Apple as world’s second-most valuable company
Nvidia shares were soaring 10% afternoon after the company announced a 10-for-one stock split as part of a blockbuster quarterly report.
Read More Nvidia’s split of soaring stock could boost retail investor appeal, Dow chances
Microsoft plans to announce several pieces of hardware and software related to consumer devices.
Read More Microsoft to unveil AI devices and features ahead of developer conference
The flurry of announcements underscores Google’s efforts to refresh its products since Microsoft-backed OpenAI’s 2022 launch of ChatGPT dazzled the public.
Read More Alphabet debuts beefed-up AI search and chatbot as competition heats up
The main U.S. stock indexes rose on Thursday and renewed hopes that the Federal Reserve will cut interest rates this year.
Read More Wall St climbs after jobless claims data spurs rate-cut bets
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 higher