The chipmaker giant surged after reports that the United Arab Emirates may receive approval to purchase over a million of its advanced AI processors, while Saudi Arabia pledged up to $600 billion in future U.S.investments, with a focus on technology and infrastructure.Alphabet Inc.'s (NASDAQ:GOOG)(NASDAQ:GOOGL) Google, Oracle Corp.(NYSE:ORCL), Salesforce Inc.(NYSE:CRM), Uber Technologies Inc.(NYSE:UBER) and DataVolt have committed to invest a combined $80 billion in ...
The Consumer Price Index showed signs of cooling in April, as both headline and core readings eased or met expectations, easing concerns that Trump's proposed trade tariffs would trigger a surge in inflation.The S&P 500 advanced 0.7%, adding to Monday's 3.3% surge, and reached its highest level since March 3.
Wall Street's rally stretched into a second session Tuesday, fueled by improving investor sentiment after an early-week breakthrough in U.S.-China trade talks, easing inflation data and fresh geopolitical headlines involving major investment pledges from the Middle East.
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