00:00 Speaker a
Everything you need to know today. First, it will rebound this morning after a massive average was sold in Tuesday's deal.
00:07 Speaker a
Despite the modest pullback, the stock is still trading near record highs. The S&P 500 went to 107 sessions with at least no 2% drop.
00:15 Speaker a
This is the longest stretch since July 2024.
00:19 Speaker a
Tech stocks were the brunt of sales on Tuesday, but they are backing amid some new AI optimism. Part of that comes from micron revenue.
00:27 Speaker a
Memory chip makers have given us a bright outlook driven by demand for AI equipment. The company's stock has almost doubled this year, with the latest results further strengthening investor optimism.
00:36 Speaker a
After the massive run I saw this year, I've seen it sway a bit in the stocks.
00:41 Speaker a
After announcing the AI plan, Alibaba surged to four-year highs.
00:47 Speaker a
CEO Eddie Woo said the company will increase AI spending beyond its original $50 billion target.
00:53 Speaker a
The e-commerce giant made a presentation at its annual technical conference. It also revealed, of course, a software partnership with Nvidia.
