SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Nasdaq Leads Wall Street Higher as AI Sentiment Improves

The tech-heavy Nasdaq led Wall Street higher at Wednesday’s close after quarterly results from SpaceX and Super Micro Computer improved investor appetite for AI-related stocks. Weakness in communications services shares capped gains.

SMCISPCXCRWVDELLHPETSLA

Story updates

08:07:41 PM UTC
SquawkNews
AI STOCKS LEAD AS EARNINGS REIGNITE RISK APPETITEThe Nasdaq TVC:IXIC led Wall Street higher on Wednesday as strong results from SpaceX and Super Micro Computer rekindled enthusiasm for AI-related stocks, helping investors look past a sharp decline in Netflix after its outlook fell short of expectat…

By Sinéad Carew and Purvi AgarwalThe tech-heavy Nasdaq led Wall Street to a higher close on Wednesday after quarterly results from SpaceX and Super Micro Computer improved investor appetite for artificial intelligence-related stocks, weakness in communications services stocks capped gains.SpaceX sh…