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US stocks: US market ends sharply higher, lifted by soaring Microsoft
Wall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about massive artificial intelligence infrastructure spending. Other tech giants like Alphabet and Meta faced pressure from significant AI investment costs. The PHLX chip index saw substantial gains, with several companies reporting increases. Economic data showed slower growth and moderating inflation, while bond yields remained elevated.
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economictimes.indiatimes.com
US stocks: S&P 500 ends higher as investors await tech earnings
The S&P 500 index closed higher on Tuesday, boosted by gains in Boeing and Coca-Cola. Chip stocks experienced a significant decline as investors awaited quarterly reports from…
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swissinfo.ch
US Stocks Rise as Microsoft Counters Bond Rout: Markets Wrap
(Bloomberg) -- US stocks rose as strong growth at Microsoft Corp. reassured investors that expensive bets on AI are starting to pay off, outweighing resurgent worries about…
