GE Aerospace Stock Surged 65%: Here’s Why
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Category: Business
AI Stocks Drive Market Gains as TSMC Reports Strong Earnings
Technology stocks led market gains Thursday after TSMC reported stronger-than-expected quarterly profits. The chipmaker’s positive outlook signals continued robust demand for AI-related semiconductors according to analysts.
Market Advances on AI Optimism
U.S. stock indexes edged higher Thursday as positive signals from the artificial intelligence sector boosted technology shares, according to market reports. The S&P 500 rose 0.4%, though trading remained volatile with repeated swings between gains and losses throughout the week. The Dow Jones Industrial Average climbed 85 points, or 0.2%, while the Nasdaq composite advanced 0.7% by late morning trading, sources indicate.
Howard Schultz Urges CEOs to Stay Connected With Customers Post-Retirement
Howard Schultz, despite retiring from Starbucks’ board two years ago, continues to visit stores and interact with customers. The founder stresses that curiosity and firsthand experience are crucial for effective leadership. His insights come as Starbucks undergoes significant strategic changes under current CEO Brian Niccol.
Former Starbucks Leader Maintains Customer Connection
Howard Schultz, who stepped down from the Starbucks board of directors two years ago, continues to demonstrate his commitment to firsthand customer engagement, according to reports from his recent LinkedIn interview. The company founder reportedly visits Starbucks locations worldwide to observe customer experiences directly, stating “that’s where the action is” for business leaders.