EconomyNasdaq hits record high as AI frenzy gathers pace
Investors looked past AI safety risks, stretched technology valuations and the energy shock from the US war on Iran. The Nasdaq Composite rose 0.45 percent to a record, taking its year-to-date gain above 17 percent, while signs of possible US-Iran diplomatic progress renewed attention on AI’s profit potential.
Nasdaq hits record high as AI frenzy gathers pace
Economy