10 Mins Ago
Alphabet shares rise as Google Cloud Next event kicks off
Alphabet shares gained more than 2% ahead of the company’s Google Cloud Next Event keynote on Tuesday.
Earlier in the day, the company unveiled new custom Arm-based chips, taking a cue from Microsoft and Amazon, which have undertaken similar strategies.
At the event, Wall Street is bracing for more updates to its Gemini large language model, and AI features to improve workspace productivity, cybersecurity and partnerships. Some notable conference speakers include Palo Alto Networks CEO Nikesh Arora and Anthropic CEO and co-founder Dario Amodei.
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Alphabet shares rise ahead of cloud event keynote
An Hour Ago
Stocks open higher Tuesday
U.S. stocks began Tuesday’s trading session in the green.
The Dow Jones Industrial Average added 92 points, or 0.2%.
The S&P 500 and Nasdaq Composite rose 0.3% and 0.5%, respectively.
— Hakyung Kim
An Hour Ago
Gold hits fresh record high
Gold prices on Tuesday hit a record high for the eighth straight trading session. Gold futures reached a new record at 2,384.5.
— Sarah Min, Gina Francolla
An Hour Ago
Everyone went to the moon Monday, driving NYSE volume to slowest since Christmas
Blame it on the solar eclipse.
New York Stock Exchange volume sank to just 7.99 billion shares on Monday, the slowest trading day of the year thus far and lowest volume since 6.62 billion shares were traded on Dec. 28, 2023.
Daily NYSE volume is down an average 22.15% over the past five days, lower by 15.33% in the past month and almost 15% in the past six months, according to Factset. Year-to-date NYSE volume is off 8.3%.
Less than a month ago, on March 15, NYSE volume reached 38.1 billion shares, nearly matching the 52-week high of 38.48 billion set last Dec. 15, 2023. Both those came on “triple witching” days, when stock options and index futures expire and send trading volume soaring.
— Scott Schnipper
An Hour Ago
Stocks making the biggest moves premarket
Check out the companies making headlines before the bell:
American Eagle Outfitters — Shares popped 4% following…..