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Wall Street reaches new highs with AI stocks
Wall Street experienced record highs amid strong results from artificial intelligence companies, particularly Hewlett Packard Enterprise, which posted its biggest daily gains in history following the announcement of long-term financial goals. Additionally, Alphabet revealed plans to raise $80 billion to fund its AI infrastructure expansions, despite its stock declining by 2.5%. This came alongside the Dow Jones and S&P 500 reaching record levels, supported by robust earnings reports and investments in AI, even as geopolitical tensions threaten to impact the markets.
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