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U.S. stock indexes drifted lower as a seemingly relentless rally on Wall Street takes at least a pause. The S&P 500 slipped 0.3% Wednesday for a second straight, modest loss. The Dow Jones Industrial Average dropped 171 points, and the Nasdaq composite fell 0.4%. All three are still near their all-time highs, which were set on Monday. Micron Technology fell to give back some of its huge gain for the year even though it reported a better profit than expected. Homebuilders rose following a strong report on sales of new homes. Treasury yields ticked higher in the bond market.

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OpenAI CEO Sam Altman has announced that the Stargate AI data center in Texas will be joined by five more across the U.S. This expansion is part of a $500 billion infrastructure investment promoted by President Donald Trump. Stargate, a joint venture with Oracle and Softbank, is building additional centers in Texas, New Mexico, Ohio, and an undisclosed Midwest location. The Abilene, Texas project is set to be the largest, transforming the city. Concerns about environmental impact and local resources have been raised, but developers emphasize efforts to minimize effects. The project has significantly boosted the local economy.

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After deflecting the U.S. Justice Department’s attack on its illegal monopoly in online search, Google is facing another attempt to dismantle its internet empire during a trial focused on its abusive tactics in digital advertising. The trial that begins Monday will revolve around the harmful conduct that caused parts of Google's digital advertising technology to be declared a monopoly. Google and the Justice Department spar in court while presenting evidence in a “remedy” trial that will decide how to unwind the monopoly. The Justice Department wants to break up Google's ad system after being thwarted in its attempt to break up the company is a search monopoly case.

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Nvidia has announced a new partnership with Intel to work on custom data centers and personal computer products. Nvidia is also investing $5 billion in Intel's common stock. The deal unveiled Thursday is subject to regulatory approvals. The deal comes a month after the U.S. government took a 10% stake in Intel. This agreement provides a lifeline for Intel, which has struggled after missing the shift to mobile computing. Intel has fallen behind amid the artificial intelligence boom that has propelled Nvidia into becoming the world's most valuable company.

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Wall Street rolled to more records, led by a rally for technology stocks. The S&P 500 rose 0.5% Thursday. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite climbed 0.9%. All three set all-time highs. So did the Russell 2000 index of smaller stocks, which topped its prior high set in 2021. Nvidia was the strongest force pushing the market upward after announcing a partnership with Intel to develop products for data centers and personal computers. Intel soared to its best day since 1987. Treasury yields climbed in the bond market following encouraging reports on the economy.

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Wall Street rose to more records. The S&P 500 climbed 0.5% Monday and topped its prior all-time high set last week. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite added 0.9% to its own record. Tesla helped lead the way after Elon Musk bought stock worth roughly $1 billion, potentially signaling his faith in the electric vehicle company. The week’s main event will arrive Wednesday, when traders expect the Federal Reserve to announce its first cut to interest rates of the year. Perhaps more important will be whether it hints more cuts are coming, as Wall Street also expects.

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Wall Street coasted to the finish of its best week in the last five. The S&P 500 barely budged on Friday and edged down by less than 0.1% from its latest all-time high. The Dow Jones Industrial Average dipped 0.6%, and the Nasdaq composite rose 0.4%. Stocks have rallied to records with expectations that the Federal Reserve will cut interest rates next week for the first time this year. Treasury yields rose in the bond market to recover some of their sharp drops from earlier in the week, which came after economic reports seemed to cement the case for a rate cut.

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The battle among billionaires for bragging rights as the world’s richest person got heated Wednesday with the surprising surge of an old contender: Larry Ellison. In a stunning few minutes of trading early in the day, stock in Oracle, the software giant that the college dropout co-founded, rocketed more than a third, enough to temporarily wrest the title from its longtime holder Elon Musk. But the stock market is fickle, and by the end of the day Musk was back on top, at least according to wealth tracker Bloomberg, as Oracle gave a bit of its gains. Musk is now worth $384.2 billion versus $383.2 billion for Ellison.

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Wall Street inched higher to set more records. The S&P 500 added 0.3% Wednesday and set an all-time high for a second straight day. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite edged up by less than 0.1% after both likewise set records the day before. Oracle led the way with its best day since 1992 after giving a stunning forecast for revenue growth in upcoming years, but a drop for Apple weighed on indexes. Treasury yields eased in the bond market following a surprisingly encouraging report on inflation at the wholesale level.

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Apple’s iPhone 17 lineup is here. The tech giant has unveiled four new models that mark the latest editions to its marquee product. That includes the introduction of the iPhone Air, which Apple says is its thinnest smartphone yet. And, as seen in years past, its newest phones boast better cameras, longer lasting batteries and a handful of other upgrades across the board. Tuesday’s lineup mark the first phones Apple has released since President Donald Trump returned to the White House and unleased a barrage of tariffs. But for the most part, Apple is sticking with the same price tags it’s slapped on its newest iPhones over recent years.