Stocks
Global Stocks Rise as Tech Giants Deliver Strong Earnings
Stocks globally have shown a mixed trend on Friday, following upbeat results from Nvidia and other tech giants. The US technology sector led the advance on Wall Street, with Nvidia at its forefront.
Nvidia's stock rose 8.7% after it posted stronger profit and revenue for the latest quarter than analysts expected. Its CEO, Jensen Huang, said that AI has reached its inflection point and is doing useful work.
Other tech companies like Salesforce also reported strong results. Its stock jumped 22.6% to its best day in six years after it delivered one of its best quarters in history with the help of AI.