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US stocks today: Nasdaq jumps over 1% as chip stocks rally, investors eye AI earnings
U.S. stocks rose sharply, led by chipmakers like Broadcom on AI-driven optimism and a strong earnings outlook. Microsoft fell after announcing job cuts, while investors remained cautious about Fed policy. Markets are now focused on upcoming earnings and Fed minutes for direction amid elevated rate uncertainty.
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swissinfo.ch
Chip Stocks Rally in AI Trade Revival After Plunge: Markets Wrap
(Bloomberg) -- A rebound in chipmakers lifted stocks as dip buyers emerged amid speculation that the artificial-intelligence trade that has powered the bull market has more room…
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Tech Giants Drive Stock Gains in AI Trade Revival: Markets Wrap
(Bloomberg) -- A rally in several technology powerhouses lifted stocks amid speculation that the artificial-intelligence trade that has powered the bull market has more room to…
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economictimes.indiatimes.com
US stocks today: Nasdaq jumps over 1% as chip stocks rally, investors eye AI earnings
U.S. stocks rose sharply, led by chipmakers like Broadcom on AI-driven optimism and a strong earnings outlook. Microsoft fell after announcing job cuts, while investors remained…
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straitstimes.com
S&P 500, Nasdaq close sharply higher as Broadcom rallies
The Nasdaq gained 1.12 per cent while the S&P 500 climbed 0.72 per cent to end the session at 7,537.43 points. Read more at straitstimes.com. Read more at straitstimes.com.
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cryptobriefing.com
Broadcom leads Wall Street rally as AI chip stocks surge ahead of earnings
Broadcom's 48% revenue growth and $10.8B in AI chip sales weren't enough to satisfy a market that had priced in perfection ahead of Q2 earnings.