Meta Hits Record High
Meta Platforms reached a record stock price after unveiling new AR products and AI initiatives during its annual Connect conference.
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Nvidia and Chip Stocks Rally
Nvidia, alongside other semiconductor companies, saw a surge in stock prices due to the growing demand for AI infrastructure and Micron’s stellar earnings report.
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Accenture’s AI Surge
Accenture reported stronger-than-expected earnings, driven by a $1 billion increase in AI-related bookings, reflecting a growing demand for generative AI services. The company also boosted its dividend and share bAccenture’s AI Surgeuyback program.
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