Microsoft (-0.79% to 420.21) said it plans to offer customers of its cloud computing products access to artificial intelligence chips manufactured by AMD (+1.14% to 164.47) and capable of competing with the components of Nvidia (-1.99% to 924.79).
The semiconductor equipment manufacturer Applied Materials (-0.91% to 212.08) expects third-quarter revenue to beat Wall Street estimates thanks to robust demand fueled by a boom in artificial intelligence.
Ford Motor (-0.89% to 12.27) has asked its electric vehicle suppliers to cut costs, saying “everything is on the table” to improve profitability, according to Reuters.
Biden signed a sweeping law that will boost air traffic controller staffing levels, increase funding to prevent runway closures and make refunds for canceled flights faster. United Airlines took 0.35% to 54.97 and Alaska Air Group 0.02% to 43.29.
ChatGPT, designed by OpenAI, will be able to tap into content from the social media platform Reddit (+9.99% to 62.01), the two companies said on Thursday.
Gamestop (-19.71% to 22.21) anticipates a drop in its turnover on 1er quarter over a year as customers increasingly buy video games and collectibles online rather than in its stores.
Take-Two Interactive Software (+1.2% to 147.84) lowered its game booking projections for fiscal 2025, raising fears that the release of its highly anticipated “Grand Theft Auto VI” could be postponed.
The IT management company DXC Technology (-16.95% to 16.51) announced that it expects a turnover lower than expectations for the 1er quarter, the group expects a drop in spending by its customers due to economic uncertainty.
Under Armor gained 1.12% to 6.79, while JP Morgan lowered its recommendation from Neutral to Underweight.
THE Dow Jones thus gained 0.34% to 40,003.72 points, the Nasdaq Composite lost 0.07% to 16,685.97 points and the S&P 500 took 0.12% to 5,303.27 points.
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