S&P 500, Nasdaq rise on AI optimism, Micron joins $1 trillion club

Strong memory chip demand is leading to “enhanced” long term agreements that should benefit Micron’s stock and earnings power, UBS says.

Stock Market Today: S&P 500, Nasdaq Hit Highs As AI, Chips Run; Caterpillar, Viavi, Twilio Flash Buy Signals

Dow slips as S&P 500, Nasdaq hit records on AI stock rally

U.S. stock futures are extending gains, with the Dow, S&P 500, and Nasdaq poised to rise, as U.S. oil prices fall on increasing hopes for a deal to end the Iran war. The Dow recently added nearly 300 points for a new record close, and the S&P 500 notched its eighth consecutive winning week.

Quantinuum, a quantum computing company, sets IPO terms, aiming to raise up to $1 billion with a potential valuation of nearly $13 billion.