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 chancesTag: NVIDIA
Microsoft to unveil AI devices and features ahead of developer conference
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 conferenceAlphabet debuts beefed-up AI search and chatbot as competition heats up
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 upWall St climbs after jobless claims data spurs rate-cut bets
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 betsWall St rises as Big Tech charges higher
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 higherChipmaker 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 forecast
