CNBC Daily Open: Nasdaq at record high; Google boosts AI ambitions
Publishing timestamp: 2024-05-15 03:02:48
Summary
Wall Street advanced despite hot inflation data, meme stocks like GameStop and AMC rose but enthusiasm faded, Biden administration increased tariffs on Chinese imports, Powell said inflation falling slowly, Sony soared on share buyback program, OpenAI raised bar for AI assistants, Google announced powerful AI model to compete with OpenAI, US falls behind in EV technology with China's Zeekr raising funds in US IPO.
Sentiment: MIXED
Tickers: .STOXX,
Keywords: markets, inflation, world markets, stoxx 600, united states, business news, breaking news: markets, prices, consumer prices,