S&P 500, Dow jump to record closes as Nvidia sparks AI frenzy
- The S&P 500 and Dow Jones hit record highs due to investor interest in growth and tech stocks post-Nvidia's strong performance.
- Nvidia reported a three-fold revenue surge, beating expectations and boosting its market capitalization by over $200 billion.
- Shares of companies like Moderna soared but Rivian and Lucid fell due to production forecasts below analyst expectations.
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Stocks Hit New Records as Nvidia Fires Up AI Mania: Markets Wrap
(Bloomberg) — The stock rally powered ahead as Nvidia Corp.’s bullish outlook rekindled the artificial-intelligence mania and data showed the world’s largest economy is still going strong. From the US to Europe and Japan, equities hit all-time highs, with the most-valuable chipmaker up 15% Thursday and on course to add more than $230 billion to…
·Bern, Switzerland
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R 25%
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