Robinhood’s proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced on Wednesday. The Robinhood Ventures Fund I (RVI), which offers investors exposure to private technology companies, invested $75 million in the artificial intelligence firm. The fund went public and began trading on the New York
US stock indices moved higher on Wednesday after President Donald Trump extended the ceasefire with Iran, even as uncertainty persisted over the durability of the truce. The Dow Jones Industrial Average rose by more than 417 points, or about 0.85%, while the S&P 500 gained roughly 0.67% and the Nasdaq 100 climbed 0.72%. The gains
UnitedHealth Group reported stronger-than-expected quarterly results on Tuesday, easing investor concerns that rising medical costs would weigh further on its earnings. Shares in the US’s largest private health insurer surged roughly 7% after the company posted first-quarter results that beat analyst estimates on both the top and bottom lines. UNH rally on earnings beat The
US stock index futures edged higher on Tuesday as investors leaned back into the artificial-intelligence trade, taking comfort from strong corporate earnings and fresh signs that big technology companies are still willing to spend aggressively. The result was a market that appeared increasingly prepared to look past renewed violence in the Middle East and focus
JPMorgan has raised its year-end target for the S&P 500 to 7,600, arguing that stronger artificial-intelligence earnings and an improved market response to geopolitical risk have created room for further gains. The upgrade marks another shift higher in Wall Street’s outlook after a period in which concerns over war, oil and valuations briefly threatened to
London equities edged higher on Tuesday as tentative signs of renewed US–Iran engagement supported risk appetite, lifting banks and other cyclical sectors. The advance was modest and uneven, however, with stock-specific developments continuing to drive dispersion across the index. Consumer names lagged after Associated British Foods outlined plans to separate Primark from its food operations,
Boeing stock price will be highly volatile this week as the company publishes its financial results, which will provide more information about its ongoing turnaround. BA ended last week at $38, down slightly from the year-to-date high of $230. It remains 20% above the year-to-date low of $187. Boeing to publish earnings on April 22
GE Aerospace shares fell on Tuesday even after it reported stronger-than-expected first-quarter results, driven by robust demand for commercial aviation and military technologies, as rising fuel costs and geopolitical tensions weighed on its outlook. The company posted adjusted earnings of $1.86 per share, ahead of analyst expectations of $1.60, according to FactSet. Revenue rose 25%
Shares of Amazon rose in premarket trading on Monday after the company unveiled plans to significantly expand its investment in artificial intelligence firm Anthropic, deepening a partnership that underscores intensifying competition in cloud-based AI infrastructure. The stock climbed about 2.15% to $253.62 after the market opened on Tuesday. Amazon expands AI bet with Anthropic deal
US stocks moved higher on Tuesday as investors balanced renewed optimism around artificial intelligence-driven growth with ongoing geopolitical uncertainty tied to the Middle East conflict. The Dow Jones Industrial Average rose about 0.45% or 222 points, while the S&P 500 added roughly 0.13% and the Nasdaq-100 gained around 0.04% after the market opened. The gains