WS #14037
S&P 500 closed at record high on cooling PPI, with memory chip stocks surging and AI capex optimism driving tech leadership. Anthropic is targeting a $2 trillion valuation for its October IPO, which would be the largest ever, signaling AI sector exuberance.
AI/tech rally and record S&P 500
S&P 500 closed at record high on cooling PPI, with memory chip stocks surging and AI capex optimism driving tech leadership.
Anthropic is targeting a $2 trillion valuation for its October IPO, which would be the largest ever, signaling AI sector exuberance.