Stock Market Today: Earnings and AI Send Stocks to New Highs

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Stock Market Today: Earnings and AI Send Stocks to New Highs

^{Published on 2025-01-22 17:01:09 - Kiplinger}

Tech stocks dominated the list of biggest gainers after President Trump unveiled The Stargate Project, a new company formed by Oracle ( ORCL ), OpenAI, SoftBank and MGX, which will invest up to $500 billion in AI infrastructure over the next four years.

The article from Kiplinger discusses the recent surge in the U.S. stock market, driven by strong corporate earnings and advancements in artificial intelligence (AI). Key highlights include the S&P 500 reaching a new record high, propelled by positive earnings reports from major companies like Meta Platforms, which saw its stock rise after reporting better-than-expected earnings and providing optimistic future guidance. Additionally, the market was buoyed by AI developments, with companies like Nvidia and Microsoft gaining from AI-related news and investments. The article also notes that despite some economic concerns, such as inflation and potential interest rate changes, investor sentiment remains positive, supported by robust consumer spending and a resilient job market. However, there are mentions of caution due to high valuations and the possibility of a market correction.

Read the Full Kiplinger Article at:
[ https://www.kiplinger.com/investing/stocks/stock-market-today-earnings-and-ai-send-stocks-to-new-highs ]

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