The Dow Jones industrial average rose 1.2 percent to close at a new record high, according to CNBC. The broad-based S&P 500 index rose 0.2 percent while the tech-heavy Nasdaq composite index fell 0.3 percent.
Nvidia fell 3.0 percent. Earlier in the day, it was announced that Japanese investment company Softbank had sold its entire shareholding in Nvidia.
The uncertainty surrounding the AI sector is still significant.
AI company Coreweave reported a smaller-than-expected loss in its quarterly report. Revenue was also higher than expected, but that didn't impress investors. The stock fell more than 16 percent.
Chip company Micron Technology also closed in the red. The company fell 4.8 percent.
In the other direction went the newly formed media giant Paramount Skydance, which has now released its first interim report. The stock rose 9.8 percent.
Logistics company FedEx rose 5.5 percent after the company raised its forecast for the current quarter.
What do you think?