Shares of Nvidia rose more than 5% Wednesday, pushing the company's market cap above Apple for the first time.
Technology stocks were muted early on Thursday after a strong session on Wednesday, with investment in artificial-intelligence technology still top of the agenda. Microsoft shares were down 0.3% in premarket trading as it faces regulators’ questions over its artificial-intelligence investment. The Federal Trade Commission is investigating whether Microsoft structured a deal to employ Inflection AI’s co-founder and almost all of its employees to avoid an antitrust investigation, The Wall Street Journal reported, citing people familiar with the matter.
AI firms scrutinised over regulations that oversee fair competition and aim to prevent monopolies