Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.

Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.

Nvidia shares tumbled Wednesday, dashing hopes for a quick recovery from losses earlier in the week amid concerns about the competitiveness of American AI firms and their spending on the emerging technology.

US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,

Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports.

Aurora Innovation partners with tech giant Nvidia to revolutionize commercial trucking with autonomous technology, sending stocks soaring 30%. The collaboration promises to transform America's shipping infrastructure while Continental gears up for mass production of AI-powered systems by 2027.

The stocks fell premarket, h

The S&P 500 ( ^GSPC) jumped over 0.5% to secure its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, while the Nasdaq Composite ( ^IXIC) recovered from earlier session losses to finish the day up about 0.2%.

The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.

In premarket trading, AI darlings Nvidia dropped 1.7% and Microsoft dipped 0.7% ... rising between 1.4% and 2.6%. American Airlines lost 7.5% after it forecast 2025 profit below expectations. Electronic Arts was down 15% after the videogame publisher ...

Colombia sent one plane to San Diego Monday to pick up 110 deported migrants from the United States. The move comes amid President Donald Trump's immigration orders. Nick Wright unveils a special edition of Mahomes Mountain with his "Best of the 21st century" QB Tiers. Watch as he shares who dethrones Patrick Mahomes on top .. "for now."