Dow jumps 300 points as Wall Street grows hopeful that a debt ceiling deal will be reached: Live updates

[ad_1] A.I. rally has staying power, UBS says Don’t write off this AI-related rally, UBS said. “AI is fueling growth for a wide range of companies, including semiconductors and cloud computing,” wrote Mark Haefele, CIO at UBS Global Wealth Management. “The broad AI hardware and services market was nearly USD 36bn in 2020, based on … Read more

Wall Street, European Shares Rally on Progress in US Debt Ceiling Deal

[ad_1] Last Updated: May 26, 2023, 23:53 IST New York, United States of America (USA) On Thursday US President Joe Biden expressed confidence about the talks, saying there will be no default and that recent talks had been productive.U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be closing in on an … Read more