Tuesday, December 19, 2023, stands now as a remarkable day in Wall Street’s history, as the technology stocks of the Nasdaq 100 mark a significant milestone, surging to new highs after a hiatus of 758 days since their previous peak.
BlackRock's Investment Institute expects AI opportunities in 2024 to expand beyond 2023's leading sectors, such as semiconductors and cloud computing. IBM, Salesforce and other AI stocks may be poised for growth.
Wall Street continues to be optimistic in lead-up to Christmas, with all major indices up. Energy & Communications had biggest gains, Real Estate & Utilities fell most.
Epic Games had accused Google of maintaining a supposed monopoly over the Android app market, resulting in a 30% commission fee on digital purchases via a mandatory payment method.