Stock market today: Dow crosses 50,000 mark, leading S&P 500, Nasdaq higher as Wall Street rebounds from rout
View original at finance.yahoo.comStock market today: Dow crosses 50,000 mark, leading S&P 500, Nasdaq higher as Wall Street rebounds from rout US stocks jumped on Friday, set to rebound from a weeklong tech bruising as Wall Street reassessed worries about the impact of AI disruption and the risks of hefty Big Tech spending…
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Investors will likely start once again giving credit to the companies that are capturing all the profits from Big Tech's AI investments
80% confidenceLumen has $13 billion worth of fiber deals in the pipeline as AI boosts demand
80% confidenceFed official signals higher bar for rate cuts and sees rates in neutral range
80% confidenceFDA will take swift action against companies mass-marketing illegal copycat drugs
80% confidenceTwo years ago, the company was in serious financial trouble. The balance sheet's now really strong, partly thanks to a growing boost by AI data centers' insatiable demand for fiber.
80% confidenceIt's all going to Nvidia - referring to Big Tech's $600B+ capex spending
80% confidenceNovo Nordisk will take legal and regulatory action to protect patients, our intellectual property and the integrity of the US gold-standard drug approval framework
80% confidenceIn a few short years Caterpillar has become the ultimate story stock, touching AI/Power, infrastructure, and critical minerals themes
80% confidence