Wall Street stock markets closed higher on Thursday as investors evaluated another corporate earnings report.
In terms of market performance, the Dow Jones rose 0.63% to 49,482.15 points, the S&P 500 jumped 0.81% to 6,946.13 points, while the Nasdaq Composite rose 1.26% to 288.40 points.
Nvidia, the second most valuable chipmaker, recorded impressive profits after releasing earnings that exceeded analysts' expectations.
The excellent performance came amid growing concerns about artificial intelligence (AI) technology.
Turning to the performance of individual stocks, Salesforce shares fell almost 5% after the technology company issued weaker-than-expected fiscal 2027 revenue guidance.
The situation prompted renewed concerns about the entire software sector, which has been hit hard.
Conversely, Oracle shares rose 1.2% on analyst upgrades, while Microsoft and Palantir rose 3% and 4.2%, respectively.
Skepticism about AI-driven service models is easing after Anthropic's latest integration frames the technology as a complement to legacy software platforms, rather than a disruptor.
