Following a turbulent start to the second quarter, the stock market indices (^DJI, ^IXIC, ^GSPC) are experiencing a strong day of gains to begin the trading week. The S&P 500 has closed above 5, 000 once again, breaking its six-day losing streak alongside the Nasdaq Composite. Josh Schafer, a Markets Reporter at Yahoo Finance, provides an analysis on the major trends influencing stock movement ahead of earnings announcements from Big Tech companies.
He explores whether AI will have a significant impact on these companies' earnings this season, as well as discussing Tesla's (TSLA) upcoming quarterly results scheduled for Tuesday, April 23. For more expert insights and the latest market developments, click here to watch the complete episode of Market Domination Overtime. Written by Luke Carberry Mogan
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Stocks experienced their first weekly losses in three weeks on Friday, as investors pulled back amid concerns over the soaring valuations of artificial intelligence companies.
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