Shares of Alphabet rose about 5% after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.
Read More Google parent Alphabet jumps on quantum chip breakthroughTag: Thomas Hayes
Starbucks taps Chipotle’s Niccol as CEO in surprise move, shares soar
Starbucks named Chipotle Mexican Grill head Brian Niccol as its new CEO in a shock move that sent the coffee chain’s shares up over 20%.
Read More Starbucks taps Chipotle’s Niccol as CEO in surprise move, shares soarS&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus