AI Boosts Stock Market, Sonos Shines

The stock market experienced a notable rebound this week, driven by enthusiasm for artificial intelligence, particularly after Alphabets Gemini three upgrade. The Nasdaq and S&P 500 indices saw gains of 2.6% and 1.6% respectively. Sonos, ThredUp, RE/MAX, United Airlines, and Acushnet were among the companies benefiting from this optimism, with gains ranging from 3.2% to 4.1%. Sonos shares, known for volatility, rose 4.1% but still reflect a long-term market view. The markets response to news underscores the potential for quick stock price changes.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.