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US Stocks Bounce as AI Winners Recover some of Last Week's Sharp Losses
Chipmakers led gains as investors awaited earnings that will test whether heavy AI spending is translating into profits.
- On Monday, the S&P 500 Index rose 0.6% and the Nasdaq composite climbed 1%, rebounding as chipmakers and technology stocks recovered following last week's slump.
- Markets are testing whether Big Tech profits match high expectations amid a deluge of earnings reports, with companies facing pressure to report strong spring growth.
- Nvidia Corp. added 1.9%, AMC Entertainment rallied 11.6% after beating revenue expectations, and Domino's Pizza Inc. climbed 7.7% following stronger-than-expected quarterly results.
- The 10-year Treasury yield ticked up to 4.56%, as concerns over expensive oil and high inflation threaten to undercut prices for stocks and other investments.
- Alphabet Inc. will report quarterly results on Wednesday, providing updates on artificial intelligence efforts as Wall Street seeks evidence of robust demand and profit growth.
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The Bakersfield Californian+6 Reposted by 6 other sources
AI stocks gather more strength, even as Brent oil's price tops $90
More gains for makers of computer chips and other AI winners are carrying Wall Street higher. The S&P 500 rose 0.5% Tuesday. The Dow Jones Industrial Average added 327 points, and the Nasdaq composite climbed 0.8%. Micron Technology and AMD…
·Bakersfield, United States
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The Economic TimesReposted by 
Times of India
Times of IndiaUS stocks today: US stocks open higher as chips recover, megacap earnings loom
Wall Street opened higher as chip stocks rebounded from last weeks sharp decline, supporting gains across major indexes. Investors are now focused on upcoming earnings from leading technology companies driving the AI rally, with sentiment stabilising despite recent volatility and ongoing uncertainty around interest rates and global risks.
·Mumbai, India
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Total News Sources25
Leaning Left8Leaning Right3Center10Last UpdatedBias Distribution48% Center
Bias Distribution
- 48% of the sources are Center
48% Center
L 38%
C 48%
14%
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