The "barometer" of Wall Street has changed again! On Wednesday, the stock price of Apple Inc. (AAPL) surged like a runaway horse, setting a new intraday record high. The driving force behind this was none other than the hot topic of AI technology! Doug Clinton, founder and CEO of Intelligent Alpha, acted like a "detective," meticulously analyzing how artificial intelligence is propelling this tech giant's stock price to new heights. He pointed out that investors are focusing on Apple's immense potential in the AI field, signaling that the company is set to play a more significant role in the AI wave in the future.
Meanwhile, Apple is not the only star in the market. Yahoo Finance market reporter Josh Schaefer acted like a "watchtower," closely observing the key trends of the day's trading. He focused on analyzing the performance of the "Magnificent Seven" and the impact of the inflation data released on Wednesday morning on the market. Each piece of data was like a musical note, collectively composing the complex symphony of the market that day.
Unexpectedly, copper, an unassuming metal, has also seen its "value soar" in this tech feast. As major tech companies invest heavily in AI infrastructure, the demand for copper has surged dramatically. BHP's CFO, Vandita Pant, acted like a "copper industry expert," delving into the huge market demand for this precious metal and revealing copper's importance in the AI era. This is not just a matter of supply and demand for a metal, but a "barometer" of technological advancement.