Dhaka: Microsoft surged above $4 trillion in market value early Thursday following strong earnings, as investor bullishness for artificial intelligence lifted major indices further into record territory.
According to Bangladesh Sangbad Sangstha, both the S and P 500 and Nasdaq were trading above all-time closing highs early Thursday. This upward trend was supported by strong earnings from Facebook parent Meta and a US trade deal with South Korea, which offset data showing an uptick in US inflation in June.