U.S. equities climbed on Thursday, with the S&P 500 briefly testing a record high 6,300 level at midday in New York, bolstered by strong earnings and upbeat retail sales data that reinforced investor risk appetite.
Knightscope stated that the deal with Palantir follows growing calls from Washington regarding the need for a National Robotics Strategy, aimed at strengthening U.S. competitiveness in automation and securing public safety infrastructure.
Senator Warren said the reversal of the earlier ban is “true to form” for the Trump administration, citing Nvidia CEO Jensen Huang’s dinner at Mar-a-Lago in April that reportedly cost $1 million per head.
Idaho National Laboratory said it will use a Microsoft-built tool powered by Azure AI to help create key engineering and safety reports needed for nuclear power plant permits and licenses.
The Nasdaq 100 surged to fresh record highs on Tuesday, breaking above the 23,000 mark as Nvidia Corp. (NASDAQ:NVDA) and other chipmakers powered a sharp rally.
According to a Bloomberg report, the U.S. Department of Commerce has indicated that license requests related to AMD’s MI308 product line will proceed to the next stage of review.
Jensen Huang sold $36.4 million worth of Nvidia stock over three days starting July 8, just ahead of the company briefly surpassing a $4 trillion market valuation for the first time.
