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Tech Up in Late Hours on Nvidia's Bullish Outlook: Markets Wrap

(Bloomberg) — Big tech looked poised for a rebound after Nvidia Corp.’s solid results and outlook bolstered confidence in the artificial-intelligence frenzy that has powered the stock market resurgence.  The giant chipmaker soared in late trading after predicting another blowout sales gain for the current quarter, with Chief Executive Officer Jensen Huang saying “accelerated computing…

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Stocks Around the World Are Swept Up in AI Rally: Markets Wrap

(Bloomberg) — The stock rally powered ahead as Nvidia Corp.’s bullish outlook rekindled the artificial-intelligence mania and data showed the world’s largest economy is still going strong. From the US to Europe and Japan, equities hit all-time highs, with the most-valuable chipmaker up 15% Thursday and on course to add more than $230 billion to…

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Stocks Hit New Records as Nvidia Fires Up AI Mania: Markets Wrap

(Bloomberg) — The global stock rally powered ahead as Nvidia Corp.’s bullish outlook rekindled the artificial-intelligence mania and data showed the world’s largest economy is still going strong. From the US to Europe and Japan, equities hit all-time highs, with the most-valuable chipmaker up 16% adding $277 billion to its market capitalization. That’s the…

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Stock Mania Rages as S&P 500 Ends Above 5,000: Markets Wrap

(Bloomberg) Wall Street hit a milestone, with the S&P 500 above 5,000 amid a renewed rally in major tech, hoping the Federal Reserve could cut rates

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