Futures climbed on Wednesday as the latest batch of earnings pointed to strong demand for, and spending on, artificial intelligence. SpaceX reported higher-than-expected AI-related outlays, which overshadowed results that broadly beat forecasts, while Nvidia Corp. rallied after Elon Musk touted his computing plans.
S&P 500 Poised for Another Record as AI Spending Narrative Holds
Futures climbed on Wednesday as the latest batch of earnings pointed to strong demand for, and spending on, artificial intelligence. SpaceX reported higher-than-expected AI-related outlays, which overshadowed results that broadly beat forecasts, while Nvidia Corp. rallied after Elon Musk touted…
This article was originally published by
Bloomberg Markets
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