"Google's New Arm-Based CPU and AI Chip Drive Stock Rally Ahead of CPI Data"

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Source: Investor's Business Daily
"Google's New Arm-Based CPU and AI Chip Drive Stock Rally Ahead of CPI Data"
Photo: Investor's Business Daily
TL;DR Summary

Futures for the Dow Jones and other major stock indexes edged higher as investors sought market momentum, with Google's stock rallying after the announcement of a new AI chip. The upcoming focus is on the consumer price index for March, expected to rise 0.3% on the month with a 3.5% annual increase, along with the release of Federal Reserve's March meeting minutes and the start of first-quarter earnings reports. Stocks to watch include Alphabet, Arista Networks, Broadcom, DraftKings, and ServiceNow, while Dow Jones leaders such as Apple and Microsoft traded mixed ahead of the market open.

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