CNBC Daily Open: Nasdaq closes at record high; Google launches new AI model
Publishing timestamp: 2024-05-14 22:04:48
Summary
Wall Street was up despite hot inflation data, meme stocks like GameStop and AMC rose but enthusiasm was fading, Alibaba's profit fell, Biden increased tariffs on Chinese imports, Powell said inflation was falling slowly, OpenAI raised the bar for AI assistants, putting pressure on companies like Apple and Google in the AI market.
Sentiment: MIXED
Tickers: .STOXX,
Keywords: markets, inflation, world markets, stoxx 600, united states, business news, breaking news: markets, prices, consumer prices,
Source: https://www.cnbc.com/2024/05/15/cnbc-daily-open-nasdaq-record-close-google-hits-back.html