Advances In AI - Truenewj

Live stock market update today: Nasdaq rises on tech push, focus on AI progress and Federal Reserve meeting

amefika8 months ago02 mins

US stock markets rose on Monday, with the Nasdaq leading the way, buoyed by optimism around advances in artificial intelligence (AI), driven particularly by Nvidia. The S&P 500 index posted a solid gain of about 0.8%, while the tech-heavy Nasdaq Composite rose more than 1%, outperforming other indexes. The Dow Jones Industrial Average also saw…

Reddit Stock Rises Following Strong Quarterly Earnings Report

amefika8 months ago03 mins

Reddit (RDDT) witnessed a significant rise in its stock price, jumping as much as 5% after the release of its inaugural quarterly earnings report. The company announced better-than-expected sales growth projections for the current quarter, along with promising gains in profitability. According to Reddit’s statement on Tuesday, the social media platform anticipates second-quarter revenue to…