Stock Market Rises as Tech Drives Gains on Trump’s AI Announcement

Reported about 7 hours ago

U.S. stock markets saw gains on Wednesday, led by technology stocks, as investor optimism surged following President Trump’s announcement of a $100 billion AI joint venture called 'Stargate' involving SoftBank, Oracle, and OpenAI. The S&P 500 and Dow Jones rallied after a strong performance on Tuesday, buoyed by positive corporate earnings and a pullback in Treasury yields. Meanwhile, Netflix shares soared after reporting record revenues, contributing to favorable premarket conditions for Nasdaq futures.

Source: YAHOO

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