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The AI chipmaker opened at $350 per share, well above its IPO price of $185.

Cabreras raises $5.5 billion in upsized IPO

Futures rose with Cisco soaring on earnings, while fellow Dow stocks Nvidia and Boeing could be Trump-Xi summit winners.

AI-led earnings, resilient jobs data and easing Iran tensions are fueling hopes for another major S&P 500 rally.

US equity futures were rising pre-bell Thursday as technology stocks drove new record highs for the

US equity futures were higher pre-bell Thursday as technology stocks drove new record highs for the

Cisco stock jumped on strong earnings and job cuts, while chip maker Cerebras Systems made its market debut with a $5.55 billion IPO

US markets were set for another higher open on Thursday despite mounting inflation concerns and rising Treasury yields, as investors continued piling into artificial intelligence-linked technology stocks. Dow Jones futures indicated an initial gain of 377 points, or 0.8%, while S&P 500...

Wall Street futures pointed modestly higher pre-bell Thursday as traders mulled clues from the Beiji

US equity markets were tracking in the green before the opening bell Thursday as President Donald Tr

Apple Stock Breaks Out as Wall Street Cheers Growth Outlook

A new entrant to the Nasdaq is set to test the strength of the IPO market today—and offer investors another way to bet on artificial intelligence. Cerebras Systems (CBRS), an AI chip maker backed by OpenAI’s Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.

Higher inflation may not be as short-term as the president thinks, based on what history tells us.

May 14 (Reuters) - Futures tracking the S&P 500 and the Nasdaq rose to record highs on Thursday as Nvidia's shares jumped, while investors watched developments around the high-stakes U.S.-China summit

U.S. stock markets closed mixed on Wednesday following hotter-than-expected key inflation data.

The central bank that Wall Street has become accustomed to may be on the verge of significant change.

Futures for the main U.S. indexes were building on gains from the previous session as the tech stock rally continues.

The S&P 500 rose 0.6%, and the Nasdaq Composite added 1.2%. The president and a group of top business leaders are attending a summit with Chinese leader Xi Jinping. Kevin Warsh passed the final Senate vote hurdle.

Stocks looked set to notch more records on Thursday as investors bet that President Donald Trump’s meeting with China's leader Xi Jinping would help extend a recent tech rally. S&P 500 futures climbed 0.2%, and contracts tied the tech-heavy Nasdaq 100 added 0.4%. The market looked set to build on those gains after Xi welcomed Trump–and an elite group of CEOs–to China.

While Nvidia still rules the roost, investors are moving downstream to the next generation of AI winners.

It could be tempting for energy companies to ramp up efforts to meet soaring demand, only to find themselves overextended. But the sector has become much more disciplined.

Montrose Environmental Group (NYSE:ONT), now operating under the Onterris brand, reported lower first-quarter revenue as severe winter weather and reduced environmental emergency response activity weighed on results, but management reiterated its full-year outlook and pointed to stronger profitabili

Asian markets were mixed Thursday as investors weighed a high-stakes US-China summit and persistent inflation concerns, which tempered optimism fuelled by record highs on Wall Street.The cautious mood came after another tech-led rally on Wall Street, where the Nasdaq and S&P 500 hit fresh record highs overnight, buoyed by robust earnings and continued enthusiasm for artificial intelligence investment.

Major U.S. indices ended Wednesday mixed, with the Dow Jones Industrial Average slipping 0.14% to 49,693.20, while the S&P 500 advanced 0.58% to 7,444.25 and the Nasdaq climbed 1.20% to 26,402.34. These are the top stocks that gained the attention of retail traders and investors through the day: Cisco Systems Inc. (NASDAQ:CSCO) Cisco’s stock climbed 2.60%, closing at $101.87 after reaching an intraday high of $102.01 and a low of $99.29. The stock’s 52-week range is between $60.84 and $102.01. I

One billionaire fund manager is sounding the alarm on a potential market correction -- and history points to one stock that thrives when others struggle.

Oil prices moved slightly lower on Wednesday, but markets were buoyed to new heights by the strength of the tech sector. Plus, the new Federal Reserve chair cleared his final confirmation hurdle this afternoon, which likely alleviated some lingering uncertainty at the central bank, and among investors. Incoming Fed Chair Kevin Warsh was confirmed by the Senate with a vote of 54-45 on Wednesday afternoon, becoming the 17th person to take on the job.

<body><p>STORY: The S&P 500 and the Nasdaq gained ground on Wednesday with a boost from artificial intelligence-related tech shares.</p><p>The Dow actually fell slightly while the S&P gained about six-tenths of one percent and the Nasdaq added double that with the two indexes notching record closing highs.</p><p>The markets looked past data from the Labor Department showing producer prices jumped by 1.4% last month, the largest monthly increase in four years.</p><p>Tom Hainlin, national investment strategist with U.S. Bank Asset Management says he isn’t sure if these numbers will persist and what impact they will have on profits.</p><p>“Obviously, manufacturers and other importers are dealing with high prices due to tariffs and also due to high energy prices. I think the question is, this a temporary bump in producer prices or is it something that will ultimately eat into their profit margins? But we've seen strong investment in productivity tools . And we've seen profit margins remain pretty sturdy in here, which is driving corporate profits. But if this is a one-time blip, this can get managed through the corporate profit cycle.”</p><p>The recent inflation data is dousing any remaining hopes for a near-term rate cut from the Federal Reserve.&nbsp;</p><p>In fact, Boston Fed President Susan Collins said on Wednesday that a rate hike could be in the cards if inflation pressures fail to subside.</p><p>Kevin Warsh, President Donald Trump's nominee to succeed Fed Chair Jerome Powell, was confirmed by the Senate in a vote along party lines.</p><p>:: Ford</p><p>Stocks on the move included Ford which surged 13% following a Morgan Stanley report highlighting the strength of the company’s energy storage business.&nbsp;</p><p>And Johnson & Johnson climbed nearly 3% after brokerage Leerink Partners upgraded shares to "outperform" from "market perform."</p></body>

The AI trade lifted stocks on Thursday as all eyes were on the crucial Trump-Xi summit that kicked off in Beijing.

Eyes are on the crucial Trump-Xi summit that has kicked off in Beijing, with trade and AI high on the agenda.

US stock futures edged higher as Wall Street awaited President Trump's meeting with Chinese President Xi Jinping.