US President Trump In Meeting With AI Leaders: Very Good Meeting, ‘Extremely Friendly And Productive’
We Have Big Lead On AI, Want To Maintain Lead - There Was A Lot Of Commonality In The Room - Self-Regulation Is Very Important With Regards To AI
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We Have Big Lead On AI, Want To Maintain Lead - There Was A Lot Of Commonality In The Room - Self-Regulation Is Very Important With Regards To AI
Trump on AI meeting: Very good, very productive
The S&P 500 rose 0.49%, the Nasdaq gained 0.47% and the Dow added 0.91% as AI-related shares led gains. Akamai surged after an $11.6 billion deal with Anthropic, while the benchmark 10-year Treasury yield hit a fresh 19-year high.
The S&P 500 rose 0.45%, the Nasdaq gained 0.50% and the Dow advanced 0.78%. Microsoft climbed 3.3% after unveiling new Copilot capabilities, while Akamai surged 6% on an $11.6 billion Anthropic deal.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Buying On Hopium Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE: SOXL ). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite. The chart shows SOXL bounced above the top band of zone 3 (support) on Friday due to triple witching buying.