Dow Jones gains 63 points but all the action is in AI stocks
NEW YORK, New York - AI set the scene for solid gains in technology shares on Thursday. Demand for Alphabet and Advanced Micro Devices dominated, triggering a megacap rally as hopes for artificial intelligence spiralled.
"Today it's an AMD-Google rally. There's a contagion effect across the market. Everyone wants to get on the bandwagon," Jay Hatfield, CEO of Infrastructure Capital Management in New York told Reu