US stocks (^GSPC, ^IXIC, ^DJI) closed higher as Nvidia (NVDA) shares rose over 5%. This is driven by continued artificial intelligence (AI) investments from Big Tech despite initial concerns about reduced capital expenditures (CapEx) spending.
Yahoo Finance senior reporter Josh Schafer joins Asking for a Trend host Josh Lipton to note that major companies like Microsoft (MSFT) and Alphabet (GOOG, GOOGL) are increasing CapEx spending, benefiting Nvidia (NVDA).
Additionally, the 10-year…
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https://finance.yahoo.com/video/big-techs-ai-spending-treasury-223500025.html
