Nvidia shares surged after CEO Jensen Huang revealed in a CNBC interview that AI demand has substantially increased this year. Major U.S. indexes rose due to enthusiasm for AI stocks, with AMD shares climbing following a deal with OpenAI. Dell also saw gains, citing a massive growth opportunity in AI.
AST SpaceMobile shares hit a record high after partnering with Verizon to offer broadband service. Fair Isaac, the worst performer in the S&P 500, saw a drop after Equifax slashed prices in response to Fair Isaac providing credit information directly to mortgage companies. DaVita shares fell due to a cyberattack.
Gold prices reached a new high, oil futures rose, and Treasury note yields dropped. The U.S. dollar strengthened against the euro, pound, and yen, while most major cryptocurrencies traded lower.
Read more at Yahoo Finance: Nvidia, AMD, Dell, Fair Isaac, and More
