Wall Street’s main indexes inched higher on Friday as AI optimism buoyed sentiment despite elevated oil prices and rising Treasury yields, while investors watched efforts to secure a deal to end the Middle East conflict. Microsoft shares rose 3% and were the biggest boost to the S&P 500 after the software giant unveiled several new capabilities in its Copilot app, including a coding tool and an…
Given the quantum computing company's high and speculative valuation, its stock returns will depend heavily on how it fares on its path toward commercialization.
