Big Tech Stocks Surge on Amazon's AI Deal: Closing Bell скачать в хорошем качестве

Big Tech Stocks Surge on Amazon's AI Deal: Closing Bell

Watch comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. The start of what’s known as the best month of the year for stocks saw tech rallying as Amazon.com Inc.’s $38 billion deal with OpenAI added fuel to the artificial-intelligence trade. Bond yields rose. Crypto sank. A renewed advance in megacaps drove a gauge of the “Magnificent Seven” up 1.2%. The ChatGPT maker will pay Amazon Web Services for access to hundreds of thousands of Nvidia Corp. graphics processing units as part of a seven-year deal. Shares of the online retail giant jumped 4%. Despite the AI optimism, over 300 firms in the S&P 500 actually retreated. Monday’s deal saw another industry giant join the ranks of those building or retrofitting data centers to back OpenAI. The animal spirits surrounding the revolutionary technology confronted calls for broader-market consolidation after a relentless surge since April’s meltdown. The S&P 500 closed around 6,850. Its equal-weighted version - which gives Dollar Tree Inc. as much clout as Apple Inc. - slid. In late hours, Palantir Technologies Inc. gave a bullish outlook, citing “accelerating and otherworldly” growth for its AI and data analytics products. The yield on 10-year Treasuries climbed two basis points to 4.10%. Bitcoin sank about 3%. The dollar wavered. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake