CNBC Daily Open: Wall Street high on AI euphoria
Publishing timestamp: 2024-02-26 02:36:48
Summary
Wall Street hit another record high with help from Nvidia's earnings. Smartphone makers plan to focus on AI at Mobile World Congress. Lenovo showcased a see-through screen laptop prototype. Berkshire Hathaway's earnings surged. Chinese AI stocks are rising. Market euphoria driven by strong earnings, but inflation risks linger. Investors optimistic but cautious ahead of PCE data release.
Sentiment: POSITIVE
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Source: https://www.cnbc.com/2024/02/26/cnbc-daily-open-wall-street-high-on-ai-euphoria.html