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U.S. stock indexes reached more records after tech companies talked up how much artificial intelligence is boosting their results. The S&P 500 climbed 0.6% Wednesday to add to what looks to be one of its best years of the millennium. The Dow Jones Industrial Average gained 0.7%, while the Nasdaq composite added 1.3% to its own record. Salesforce pulled the market higher after highlighting its artificial-intelligence offering for customers. Marvell Technology jumped even more after saying it’s seeing strong demand from AI. Treasury yields eased, while bitcoin climbed after President-elect Donald Trump nominated a crypto advocate to head the Securities and Exchange Commission. On Wednesday: The S&P 500 rose 36.61 points, or 0.6%, to 6,086.49. The Dow Jones Industrial Average rose 308.51 points, or 0.7%, to 45,014.04. The Nasdaq composite rose 254.21 points, or 1.3%, to 19,735.12. The Russell 2000 index of smaller companies rose 10.22 points, or 0.4%, to 2,426.56. For the week: The S&P 500 is up 54.11 points, or 0.9%. The Dow is up 103.39 points, or 0.2%. The Nasdaq is up 516.95 points, or 2.7%. The Russell 2000 is down 8.16 points, or 0.3%. For the year: The S&P 500 is up 1,316.66 points, or 27.6%. The Dow is up 7,324.50 points, or 19.4%. The Nasdaq is up 4,723.76 points, or 31.5%. The Russell 2000 is up 399.49 points, or 19.7%.
NoneCNBC Daily Open: Investors are filled with the festive spirit
IDT Corporation Reports Record First Quarter 2025 ResultsVivek Ramaswamy once compared Elon Musk to a “circus monkey” eager to do China’s bidding before President-elect Donald Trump tapped the two men to co-lead his proposed Department of Government Efficiency, or DOGE . “I think Tesla is increasingly beholden to China,” Ramaswamy said in a 2023 podcast interview . “I have no reason to think Elon won’t jump like a circus monkey when (Chinese president) Xi Jinping calls in the hour of need.” Tesla — Musk’s electric car company — depends heavily on its Shanghai battery factory for global auto production. Ramaswamy also reportedly accused Musk of a “willingness to change his political tunes” to pacify Chinese officials in a 2022 podcast. Though Musk calls himself a champion for free speech on social media, Ramaswamy pointed out the irony of his relationship with Chinese officials, who don’t share those values. CNN unearthed numerous unflattering comments Ramaswamy made about his new partner in the past couple years and they weren’t all in regards to China. In a 2022 Fox News podcast, he suggested Musk’s companies, Tesla and SpaceX, had public funding and government contracts to thank for making Musk the world’s richest man. That comment in particular could be used by critics to question Musk’s goal to cut $2 trillion in government spending under the Trump administration. Ramaswamy told CNN he made his derogatory comments about Musk before the pair met and now feels differently. “I love him and respect the hell out of him, and I’m proud to call him a friend,” Ramaswamy told the outlet. “The only country he puts first is the same one I do: the United States of America.” ©2024 New York Daily News. Visit nydailynews.com . Distributed by Tribune Content Agency, LLC.
RESEARCHERS from the University of the Philippines Diliman-College of Science (UPD-CS) are recipients of UP's first-ever recognition for its research, extension, and professional staff (REPS). The UP Diliman REPS Chair and REPS Awards aims to recognize the achievements of the REPS in the fields of research and creative work, extension services, and professional public service. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.
San Francisco 49ers quarterback Brock Purdy will not play Sunday and head coach Kyle Shanahan said the lingering discomfort is a concern. Purdy sat out Friday after he participated in the start of Thursday's practice with the 49ers, then retreated indoors for what Shanahan said was a treatment session. Brandon Allen, 32, will start in Purdy's place, and the 49ers are also without defensive end Nick Bosa (oblique). Shanahan said players believe in Allen, even if he's an unknown. "Outside of here people haven't seen a lot of Brandon. But it's his second year (with the 49ers)," Shanahan said. "Obviously guys want Brock up, but guys are excited to see Brandon play." Shanahan said they are "a little surprised" Purdy experienced tightness and discomfort in his shoulder after an MRI exam on Monday that showed no long-term cause for concern. "The way it responded this week, it's really up in the air for next week," Shanahan said of Purdy. Allen is familiar to Packers head coach Matt LaFleur, who was an assistant coach with the Rams during Allen's two-year run in Los Angeles. Allen broke into the NFL in 2016 with the Jaguars and is 2-7 in nine career starts. He went 1-2 with the Broncos in 2019 and 1-5 in six starts over two years with the Bengals in 2020 and ‘21. Shanahan said Allen's confidence grew throughout the week and he doesn't anticipate a major change in how he calls the offense. Left tackle Trent Williams (ankle) also missed practice for the third consecutive day. Without disclosing the nature of the ailment to Purdy's throwing shoulder, general manager John Lynch confirmed Friday an MRI exam took place to determine the severity of any injury. Allen worked with the first team most of Thursday and Friday with Joshua Dobbs also taking snaps. Lynch described Purdy's status for the 49ers (5-5) this week as "tenuous." "Hopefully, he makes progress, and we can have a shot at this weekend, but we'll see," Lynch said in an interview with KNBR in San Francisco. "I think it's tenuous." When Purdy was on the field this week, he primarily worked on the side in position-specific drills with QB coach Brian Griese. Williams played through an ankle injury last week after being listed as questionable but exited the stadium with an exaggerated limp on Sunday. Run game coordinator Chris Foerster said the 49ers aren't where they want to be at 5-5 because they haven't won close games, not because of injuries. "Seven games left is like an eternity," Foerster said. "So much can happen. Do the math. What was our record last year? It was 12-5. I was on a 13-win team that was nowhere near as good as the team last year." With or without Purdy, Foerster said the challenge for the 49ers is not to give up the ball to a defense that has 19 takeaways. The 49ers have 13 giveaways this season. --Field Level Media
Forget Landman and Yellowstone – Taylor Sheridan has pulled out all the military stops for Episode 8, a.k.a the dramatic finale of Lioness Season 2. It’s time to trust the CIA for one last mission. After the events set up in Episode 7, Team Lioness is heading back to base in Iraq, needing to intercept enemy intel on the border as quietly as possible. At the same time, Kaitlyn is now overseeing the overarching plot of Los Tigres, a Mexican drug cartel Joe has been chasing this entire time. They’ve got the inside hand with their niece Josephina being a US soldier, but it’s now up to her dad Pablo to play ball. Joe almost lost her life in the binge-worthy TV show , but she’s intent on being back on the battlefield. But can she make it out alive... and can anyone else? Here’s the full rundown of Lioness Season 2 Episode 8 (Warning: spoilers ahead !). The Iran mission is complex in Lioness Season 2 Episode 8 Episode 8 of Lioness Season 2 opens on the Turkey-Iraq-Iran border convergence. Cody is in position in complete camo (yes, Taylor Sheridan is back !), tracking a helicopter that is about to land. Jo, Bobby, Josephina, and Cruz are following up in tanks, with Joe near her physical limits before they even begin. They get back to the US base, where we saw Joe and Josephina meet during Episode 2 . When the team tries to gear up, Joe insists on taking a gun with her – remember, she was told in Episode 7 that she’s only allowed to observe and advise. Meanwhile, Josephina’s old Commander thinks she’s out of her mind to be flying a helicopter she doesn’t know with only one door gunner and no flight plan. Cruz will be with her, and the two promise to “talk” should they get through the new mission alive. The team is briefed. Essentially, they’ve got about two hours to get to an outpost to intercept the enemy. There’s support, but not much – or it’s been damaged in Afghanistan. The enemy is well-trained and well-stocked, almost entirely matching the Lionesses. Iraq’s border is only two miles away, but Joe has already been told damage needs to happen in Iran. The operation officially gets named Sky Hawk. Related: Pablo chooses his side Kaitlyn and Bryon arrive where Kyle is holing up, looking to talk to Pablo. His global bank accounts have all been frozen, including his trusts for the children. Kaitlyn clarifies they’re there to “eliminate the threat to United States national security,” which is technically his brother. What they want is Pablo’s trust to help them, which in turn they would “tirelessly protect.” When Pablo falters, the pair tempt him with “the security he has in Mexico with the freedom he has in the United States.” Pablo is made to call Alvaro, with Kaitlyn and Bryon wanting to meet him the following morning. They promise him $300 million upfront, with more to be arranged. Meanwhile, Edwin calls the Chief of Staff in to be briefed on an unfolding development. Two Chinese nuclear scientists are en route to Isfahan Nuclear Base with either information or supplies, essentially activating Iran’s nuclear abilities. The president has no knowledge of this. When four vehicles leave the enemy outpost, it’s all go. While Sheridan’s character is driving the equivalent of an army dune buggy across open plains, Josephina and Cruz attack the enemy convoy from the air. Their helicopter is hit and is going down. They brace for impact, crashing into the ground. Bobby and the on-ground team are sent to move in, with Cody in a nearby sniper base trying to take out whoever from the convoy was left standing. We cut to an airfield where Kaitlyn and co. are taken to meet Alvaro. Everybody is made to step out of the car before they arrive at his premises, which turns into a gun standoff. Pablo calms things down, with the cars moving in. Bryon sneaks a gun into Pablo’s pocket, who immediately shoots Alvaro in the face, taking down the rest of his henchmen with him. Pablo tells the remaining guys the cartel has a new boss, and that the Chinese hostage belongs to the CIA. Miraculously, the entire team survives In Iran, Cruz emerges from the crash. Josephina is also alive, but she can’t walk. They’re completely exposed to incoming enemy vehicles, with Joe’s team being called back to base. She dismisses the orders, telling Bobby they need to get there first. They are hugely outnumbered, leading to a shootout before they’re able to get to the crash site. There’s only so much Cody can do, and the rest are getting annihilated. Cody advises they fall back, leaving the snipers to cover after disabling the enemy vehicles. In the meantime, they’re hit by a new tank. They survive, but it’s revealed their location to the enemies on the ground. They move on foot while Joe finds the helicopter. While the team regroups, the entire outpost approaches to attack on foot. As Cody tells Joe they need to move, Edwin watches, being advised to call the president. Backup is still five minutes away, with more enemy soldiers turning up. One by one, the team starts to get shot as enemies swarm in. Joe runs out of ammo, with Josephina left screaming in pain. Just when things look at their bleakest, presidential backup arrives, destroying all enemy units in their surroundings. Relevant ambassadors phone the CIA, with Edwin advising to “let them stew.” Nobody has died, but there are some serious life-threatening injuries among the Lionesses. The clean-up operation is overwhelming, and Joe is left in an extremely emotional state. She breaks down in tears, later arriving back home. Neal is on the doorstep waiting for her, and the two make up after their previous row. Lioness Season 2 is available on Paramount Plus. Check out whether Team Lioness is real , and what happened in the latest episode . You can also catch up with more TV shows streaming this month.
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