Live Updates Live Coverage Has Ended Conference Call Quotes 5:24 pm “We’ve begun to see glimpses of our AI systems improving themselves… developing superintelligence is now in sight.”– Mark Zuckerberg,

Wall Street on Thursday was largely higher, helped by post-earnings euphoria for tech titans Meta (META) and Microsoft (MSFT). Sentiment was slightly dampened, however, by economic data that showed stubborn inflation and weak personal spending.

US stock indices the S&P 500 and the Nasdaq opened at record highs on Thursday on solid earnings from Microsoft and Meta Platforms. At the opening bell, the Dow Jones Industrial Average rose 204.5 points,

Investors continue to underestimate artificial intelligence (AI), the secular tailwinds behind the chipmaker's supercharged growth.