Stock Market Today: Tech Stocks Rally as CPI Supports Lower Rates
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates. The gauge increased 0.3% in November, or the same rate seen over the previous three months. Annual core CPI advanced 3.3% to match consensus expectations.
Nasdaq closes above 20K for first time as Trump, AI bets boost tech stocks
The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on hopes of looser regulation under Donald Trump’s presidency and bets on AI-fueled earnings growth in the coming quarters. The tech-heavy index rose 1.6% to an all-time high of 20,028.40 points.
Quantum-computing stocks are soaring
T ech’s big theme in 2024 was the buildout of data center infrastructure to support artificial intelligence. Companies are ...
Big Tech stocks retreated in early trade on Thursday after helping to propel the Nasdaq Composite north of 20,000 for the first time one day earlier. Six out of seven members of the Magnificent Seven ...
The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which ...
Baillie Gifford & Co., known for investing in hyper-growth tech stocks, now likes “boring” US infrastructure companies as it ...
Stocks have shaken off most of their early losses in recent trading, with the Dow now flirting with unchanged on the day. For the S&P 500 and Nasdaq, much of the turnaround has been driven by a jump ...
AppLovin reported strong third-quarter results (ending Sept. 30), with total revenue increasing 39% to $1.2 billion and ...
Wall Street's main indexes finished lower on Monday, fueled by a decline in AI leader Nvidia that weighed on tech stocks, as ...
Get Retired. Stay Retired. Craig Bolanos, Founder and Wealth Advisor at VestGen Wealth Partners, joins Jon Hansen on Your Money Matters. The two discuss big tech stocks and the latest inflation ...
If you’re wondering what the best-managed companies in 2024 were, the Wall Street Journal’s annual rankings are in. The tech ...
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