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Business

US stocks today: US stocks rise as Anthropic IPO puts AI spending under scrutiny

Wall Street in New York's Financial District with flags hanging from buildings
File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Wall Street's main indexes experienced gains as technology stocks led the rise amid AI investment discussions. Investors are preparing for a busy week of corporate earnings and the Federal Reserve's decision on interest rates. Anthropic's IPO filing highlights both the demand for AI and associated development costs, creating investor caution. Chip stocks, benefiting from the AI boom, showed strong

Read the full story at Economic Times

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