Wall Street ticks toward a record
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Wall Street opened higher on Friday as market sentiment continued to be upbeat, a day after the S&P 500 and Nasdaq Composite closed at record highs. The S&P 500 (SP500) +0.3%, the Dow (DJI) +0.2%, and the Nasdaq Composite (COMP:IND) +0.
Netflix stock was sliding on Friday, despite a better-than-expected quarterly earnings report. Sometimes, good isn’t good enough for investors. Shares in the Stranger Things streamer dropped 4.8% to $1,
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AMD says that it is partnering with multiple AI giants such as Meta Platforms, Microsoft, Oracle, OpenAI, and xAI, among others, to build and deploy AI data centers powered by its processors. In fact, AMD claims that "seven of the 10 largest model builders and AI companies are running production workloads" using its AI accelerators.
As more people ask chatbots for financial advice, creating the right prompts is the key to getting useful answers.
Goldman Sachs posted the largest quarterly stock-trading bonanza in its history, as banks across Wall Street bagged fat profits from markets roiled by uncertainty over President Trump’s tariffs.
This metric has a 100% success rate of forecasting future stock market returns when back-tested over more than 150 years.
BofA Securities analyst Andrew Obin and Stephens analyst Tommy Moll both feel better about the outlook these days.