The Nasdaq rose as results from SpaceX and Super Micro Computer strengthened investor appetite for artificial intelligence-linked stocks, although a weaker-than-expected forecast from Netflix weighed on the market.
SpaceX and Super Micro Computer helped lift interest in shares connected to the artificial intelligence sector, providing support for the technology-heavy index.
Netflix moved in the opposite direction after issuing a forecast that fell short of expectations, limiting the broader market’s gains.
