Intel’s best day since 1987 leads the US stock market to more records
NEW YORK (AP) — A surge for Intel following a blowout profit report led the U.S. stock market to more records Friday, while oil prices kept yo-yoing in the wait for what’s next with the Iran war.
The S&P 500 climbed 0.8% and topped its prior all-time high,
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Read MoreGot $5,000? 5 Tech Stocks to Buy and Hold for the Long Term.
Technology investing has always been about identifying the next key industry trend. It is no surprise that artificial intelligence (AI) has emerged as the dominant force in today’s market, even as some investors worry that AI spending may be nearing a peak.
Those concerns are understandable after the strong stock rallies seen over the past couple of years,
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Read MoreS&P 500, Nasdaq close at records on tech lift, Iran peace talk hopes
The S&P 500 and Nasdaq closed at record highs on Friday, bolstered by optimism for possible negotiations between the U.S. and Iran to end their war and a surge in Intel shares that extended the rally in semiconductor stocks. Pakistani government sources said Iran’s foreign minister,
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Read MoreGoogle investing up to $40 billion more in OpenAI rival Anthropic
US tech company Google is investing $10 billion in Anthropic, the OpenAI rival said on Friday.
A further $30 billion may follow if the development firm behind the chatbot Claude meets agreed targets,
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Read MoreTrump makes major change to retirement plans — and order could impact 56M Americans
WASHINGTON — President Trump has signed an executive order to create retirement accounts for tens of millions of workers who don’t currently have access to a 401(k) or another workplace plan.
“I promised to make the same types of retirement accounts enjoyed by federal employees available to all Americans,
Read MoreThe Burst
Under-the-Radar Australian Stock Up 62%, Now What?
Boasting an impressive 62% gain in its stock price this year, Atlassian has become the darling of investors with an affinity for enterprise software. The Ozzie company seems to be back in vogue, buoyed by rejuvenated revenue growth.
So, is there more juice to squeeze out of this tasty stock?
Read MoreThe Ivy
1 Under-the-Radar AI Stock Set To Soar
In a move that has piqued the interest of many investors, Nancy Pelosi, the former Speaker of the U.S. House of Representatives, recently purchased call options on Broadcom.
Her stake, valued at somewhere between $1 million and $5 million, is a significant vote of confidence from a well-connected political figure. It also raises the question,
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