{"id":340454,"date":"2023-12-07T17:05:47","date_gmt":"2023-12-07T22:05:47","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=340454"},"modified":"2023-12-07T17:05:51","modified_gmt":"2023-12-07T22:05:51","slug":"ai-sparks-tech-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/ai-sparks-tech-rally\/","title":{"rendered":"AI sparks tech rally"},"content":{"rendered":"\n<p>Thursday saw <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet<\/a> unveil its long-awaited AI model, Gemini, which sent shares (of both classes) surging well over 5%. It also pushed the Nasdaq 1.37% higher, while the S&amp;P added 0.8% and the Dow 0.18%. <\/p>\n\n\n\n<p>The AI momentum lifted <a href=\"https:\/\/stockchase.com\/META-Q\">Meta<\/a> by 2.88% and <a href=\"https:\/\/stockchase.com\/AMD-Q\">AMD<\/a> by 9.89%. Elsewhere, <a href=\"https:\/\/stockchase.com\/HES-N\">Hess<\/a> closed -2.97% and <a href=\"https:\/\/stockchase.com\/AZO-N\">AutoZone<\/a> -2.87%. The U.S. 10-year yield remained around 4.148% though <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin<\/a> gave back 1% to $43,300.<\/p>\n\n\n\n<p>In contrast, the TSX was flat, though most sectors were higher. Tech and utilities gained the most while energy once again lagged. Major movers were <a href=\"https:\/\/stockchase.com\/CNQ-T\">CNQ<\/a> at -2.14%, <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier<\/a> up 6.04%, <a href=\"https:\/\/stockchase.com\/TD-T\">TD<\/a> at -1.92%, <a href=\"https:\/\/stockchase.com\/NWC-T\">North West Co.<\/a> adding 5.77% an <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham<\/a> 4.63%. WTI edged up by -0.4% to just under $70 a barrel.<\/p>\n\n\n\n<p>&#x1f9ee; <a href=\"https:\/\/stockchase.com\/GOOG-Q\">Alphabet Inc\u00a0(GOOG-Q)<\/a> +5%<\/p>\n\n\n\n<p>&#x1f575;&#xfe0f;&#x200d;&#x2642;&#xfe0f; <a href=\"https:\/\/stockchase.com\/META-Q\">Meta Platforms Inc \/ Facebook\u00a0(META-Q)<\/a> +2.88%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/AMD-Q\">Advanced Micro Devices\u00a0(AMD-Q)<\/a> +9.89%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/HES-N\">Hess Corp.\u00a0(HES-N)<\/a> -2.97%<\/p>\n\n\n\n<p>&#x1f698; <a href=\"https:\/\/stockchase.com\/AZO-N\">Autozone Inc.\u00a0(AZO-N)<\/a> -2.87%<\/p>\n\n\n\n<p>&#x1f171; <a href=\"https:\/\/stockchase.com\/CRYPTO:BTC\">Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -1%<\/p>\n\n\n\n<p>&#x1f6e2; <a href=\"https:\/\/stockchase.com\/CNQ-T\">Canadian Natural Rsrcs\u00a0(CNQ-T)<\/a> -2.14%<\/p>\n\n\n\n<p>&#x1f682; <a href=\"https:\/\/stockchase.com\/BBD.B-T\">Bombardier Inc (B)\u00a0(BBD.B-T)<\/a> +6.04%<\/p>\n\n\n\n<p>&#x1f3db; <a href=\"https:\/\/stockchase.com\/TD-T\">Toronto Dominion\u00a0(TD-T)<\/a> -1.92%<\/p>\n\n\n\n<p>&#x1f6cd; <a href=\"https:\/\/stockchase.com\/NWC-T\">North West Company\u00a0(NWC-T)<\/a> +5.77%<\/p>\n\n\n\n<p>&#x1f4be; <a href=\"https:\/\/stockchase.com\/DND-T\">Dye &amp; Durham\u00a0(DND-T)<\/a> +4.63%<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thursday saw Alphabet unveil its long-awaited AI model, Gemini, which sent shares (of both classes) surging well over 5%. It also pushed the Nasdaq 1.37% higher, while the S&amp;P added 0.8% and the Dow 0.18%. The AI momentum lifted Meta [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-340454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=340454"}],"version-history":[{"count":3,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340454\/revisions"}],"predecessor-version":[{"id":340459,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/340454\/revisions\/340459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=340454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=340454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=340454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}