Global investors are debating the massive capital expenditure by tech firms in the AI sector, with Anthropic emerging as a key player. While the AI narrative has powered US equities, scrutiny is intensifying over whether this spending will yield meaningful returns, potentially resembling the airline industry rather than the internet boom.
US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in years
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants