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US stocks closing | S&P, Nasdaq hit new highs again! Tesla rose nearly 35% in seven days, and Nvidia rose more than 4.5% overnight.
S&P has reached a new high for two consecutive days, NASDAQ has reached a new high for three consecutive days, and Dow's intraday decline has significantly narrowed. Google, Apple, Microsoft, Taiwan Semiconductor in the US stock market have all reached new highs. Tesla has risen by 35% in seven days, and the chip stock index has risen by nearly 2%.
Is the market becoming impatient? More and more people are discussing the fact that AI burns so much money but earns so little.
So far, AI technology has produced almost no economic benefits. Faced with the huge gap between burning and earning money with AI, the market's patience for technology stocks is gradually disappearing.
The AI wave has driven the amount of risk investment in the USA to a new high in nearly two years, while the exit activity has continued to be sluggish.
In the second quarter of 2024, the amount of venture capital in the USA reached $55.6 billion, a 47% increase compared to the previous period and also the highest in the past two years. However, the continued slump in exit activities also poses challenges to the sustainability of VC financing and subsequent investments.
US stocks close | S&P and Nasdaq hit new closing highs, Amazon, Apple, and Microsoft hit new highs again, and Tesla surged more than 10%.
Chinese concept stocks index rebounds and breaks away from its 5-month low, with alibaba, nio inc, li auto inc rising about 2%.
Express News | Powell: Feels like AI will bring about significant changes.
Top asset management giants support the AI craze: Nvidia and other AI leaders will continue to drive the bull market.
Top asset management giants believe that ai still has a lot of driving force to push the stock market up; investors expect the US stock market to rise by as much as 9% in the second half of this year; ai is still a big theme, closely related to profits.
US stock market closed | Nasdaq hit another record high! Tesla rose more than 6%, while Nvidia fell more than 3.5% before bouncing back.
After rising by 1.6%, the China concept index saw its gains halved, with NIO Inc and Li Auto Inc rising by about 6.7%, and Xpeng rising by over 5%.
The Top 10 U.S. Ideas for 3Q, 9 Buys, 1 Underperform - BofA
US stocks closed lower on the last day of June with all three major indexes down. The AI-driven Nasdaq rose 18% in the first half of the year, while Nvidia soared 149%.
After hitting a new high, the S&P and Dow fell together, possibly due to Goldman Sachs and JPMorgan bearish on US stocks. Amazon, Google, and Microsoft fell from their recent highs, while most chip stocks rose. However, Nvidia rose 3% before falling 0.4% as the AI hype drove the Nasdaq up 18% and the S&P up 14.5% in the first half of the year.
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$C3.ai(AI.US)$ Officer Lath Hitesh sold 3,005 shares of common stock on Jun 27, 2024 at an average price of $27.56 for a total value of $82,817.8.Source: Announcement What is statement of changes in b
Fonon's Additive Manufacturing Paired With AI To Usher in New Possibilities
ORLANDO, Fla.--(BUSINESS WIRE)--Fonon Corporation, a multi-market holding company, R&D center, equipment designer and manufacturer of advanced laser material processing systems for subtractive and add
Is Now a Good Time to Buy C3.AI Stock?
U.S. stocks closed with a thrilling increase in all three indexes, with most technology stocks rising. Amazon rose more than 2%, once again reaching a historic new high.
S&P 500 rose 0.09%, Dow Jones rose 0.09%, and Nasdaq rose 0.3%; chip stocks continued to decline, with Nvidia falling nearly 2%; Chinese concept stocks weakened, with Xiaopeng falling nearly 7% and JD.com falling more than 4%.
Batteries Plus Is Named a Leader in Franchise Innovation at 2024 FCXC Conference
Leading Battery Retailer Recognized for its Role in Advancing Industry Adoption of AI Technologies HARTLAND, Wis., June 27, 2024 /PRNewswire/ -- Batteries Plus, the world's leading consumer and busin
Express News | Blackrock: tactically overweight on US stocks, preferring opportunities related to the ai theme.
Axelera AI Raises $68 Million Series B Funding to Accelerate Next-Generation Artificial Intelligence
News Highlights: Powering Global Innovation: Mass adoption of Axelera AI's Metis AI Processing Unit (AIPU), the world's most powerful AIPU for edge devices, drives next-gen AI inference solutions for
91% of Security Leaders Believe AI Set to Outpace Security Teams, Bugcrowd Report Finds
"Inside the Mind of a CISO" report uncovers CISO perceptions on AI threats, ethical hacking, and the expertise needed to address the cyber skills gap SAN FRANCISCO, June 27, 2024 /PRNewswire/ -- Bugc
U.S. stocks close | S&P 500 rises for two consecutive days, Amazon up nearly 4%, with a market cap exceeding $2 trillion; shareholder meetings could not reverse the decline, and Nvidia barely closed up.
The Dow Jones Industrial Average closed slightly higher, still hovering near its weekly low, while the seven sisters of American technology stocks rose together, with Tesla up nearly 5%; Micron's financial report is bullish but the guidance is not enough to surprise, and it fell more than 9% after hours; China concept stocks index is hovering near a ten-week low, with NIO Inc. up more than 6%.
Course Hero Wins 2024 Artificial Intelligence Breakthrough Award
Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies REDWOOD CITY, Calif., June 26, 2024 /PRNewswire/ -- Course Hero, the popular online stu
ELECTION YEAR AND AI INVESTMENT STRATEGIES STAR IN AMERICAN CENTURY'S THIRD QUARTER INVESTMENT OUTLOOK
American Century's chief investment officers share insights on navigating election year volatility and AI surprises KANSAS CITY, Mo., June 26, 2024 /PRNewswire/ -- In its third quarter investment out