Apple Inc.AAPL
Mentioned
The S&P 500 and Nasdaq Composite ended sharply higher on Wall Street. Semiconductor giant Broadcom soared after the company and Apple extended their custom chip development and supply agreement through 2031. Investors bought AI-related stocks on expectations that artificial intelligence companies will lead a solid second-quarter earnings season. The S&P 500 rose 53.22 points to 7,536.46, and the Nasdaq Composite gained 296.85 points to 26,129.52.
Apple Inc.
Broadcom Inc