AI-Driven Growth Lifts Wall Street Tech Stocks

Wall Street saw gains on Thursday, led by tech stocks, after Nvidia and Salesforce reported better-than-expected profits for the latest quarter.

Nvidia's rally was particularly strong, with an 8.7% increase, as it exceeded analyst forecasts for revenue growth in its upcoming quarters.

Nvidia Chief Executive Jensen Huang said AI has reached an 'inflection point,' citing its usefulness and profitability.

Salesforce also saw a significant gain, jumping 22.6%, after reporting strong profits and raising its full-year revenue forecast.