Wall Street had another big day with the Dow and S&P 500 hitting another intraday record high, just a day after the Federal Reserve cut interest rates by half-a-percentage point and forecasted that more cuts could be coming.
Read More Wall Street: Dow Skyrockets To All-Time High After Fed Delivers Rate Cut
Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
Read More Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Elon Musk is on pace to become the world’s first-ever trillionaire by 2027, according to a new report.
Read More Report: Elon Musk Set To Be First Trillionaire By 2027
TIME Magazine placed actress Scarlett Johansson in the running, but left out tech mogul and AI program creator Elon Musk off of its yearly list of the “100 Most Influential People in AI.”
Read More TIME Magazine Snubs Elon Musk in 2024 ‘100 Most Influential in AI’ List, Includes Scarlett Johansson
Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this year.
Read More Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
Wall Street’s main indexes fell over 1% as investors assessed latest factory activity data.
Read More Wall St kicks off September on downbeat note at start of data-packed week