NEW YORK (AP) — U.S. stocks are flirting with a record Wednesday following their big rally the last two weeks on hopes that the global economy can avoid a worst-case scenario because of the U.S.-Iran war.
The S&P 500 rose 0.4% and was on track to eclipse its all-time high set in January.
» Read more about: Wall Street flirts with a record after adding to its weekslong rally »
The competition between OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT) doesn’t appear to be cooling off.
In a memo to staff published by The Verge, OpenAI’s chief revenue officer Denise Dresser outlined a number of priorities for the company’s sales org this quarter,
Investors interested in stocks from the Medical – Biomedical and Genetics sector have probably already heard of Biogen Inc. (BIIB) and Techne (TECH). But which of these two stocks is more attractive to value investors? We’ll need to take a closer look to find out.
Everyone has their own methods for finding great value opportunities,
» Read more about: BIIB or TECH: Which Is the Better Value Stock Right Now? »
Technology remained one of the strongest areas of the market. Broadcom rose after Meta extended its custom chip partnership, while software shares also advanced as investors returned to names that had fallen earlier in the year. Oracle, Microsoft, Palantir, Datadog, ServiceNow, and Salesforce were among the companies that added to the sector’s rebound.
WASHINGTON, April 14 (Reuters) – Prosecutors from U.S. Attorney Jeanine Pirro’s office made a surprise visit on Tuesday to the Federal Reserve’s headquarters renovation project, as the Trump administration continues its pressure campaign against the central bank.
The unscheduled visit was confirmed by a spokesperson for Pirro’s office and was first reported by The Wall Street Journal.
» Read more about: US prosecutors make surprise visit to Federal Reserve office »
April 15 (UPI) — The U.S. military’s maritime blockade of Iran has “completely halted” sea-based trade with the Middle Eastern country, U.S. Central Command said late Tuesday.
President Donald Trump announced the blockade on Sunday after negotiations to end the U.S.-Israeli war with Iran collapsed.
The blockade of 12 U.S.
» Read more about: U.S. says blockade has 'completely halted' Iran's maritime trade »
Shares of chipmaking giant and ‘Magnificent Seven’ darling Nvidia remained higher for the 11th straight session on Wednesday, 15 April, gaining another 2% and crossing the $200 mark to reach the day’s high of $200.40 apiece.
The stock reclaimed the key $200 level after a gap of five months,
IonQ (IONQ +18.23%) stock is seeing another day of huge gains in Wednesday’s trading. The company’s share price was up 18% as of 1:45 p.m. ET.
IonQ’s valuation is surging higher today thanks to news that Nvidia is releasing a new family of open source artificial intelligence (AI) models to support quantum-computing technologies.
» Read more about: IonQ Is Ripping Higher Today — Is the Stock a Buy Right Now? »
00:03 Speaker A
Software stocks are making a comeback after taking a beating for the year so far. The uh sector’s ETF IGV has been has had its best run since basically April. The fund’s portfolio includes heavyweights such as Microsoft, Palantir, and Oracle. Let’s take a state of the sector look and what this means for software and tech ETFs broadly.
» Read more about: AI ETFs help 'capture' more select groups of software stocks »