U.S. stocks rise back towards records as AI companies report strong profits

Stocks are rising toward records after several AI companies reported better growth for the spring than analysts expected.

Stocks are rising toward records after several AI companies reported better growth for the spring than analysts expected, while a report showed inflation across the U.S. was slightly less bad last month

US stocks rise back towards records as AI companies report strong profits  AP News

The Mediterranean fast-casual chain also said sales are rebounding after a cyclospora outbreak briefly dented results

These companies increased their quarterly sales per share by at least 40% while expanding their gross profit margins and their operating margins.

Berkshire shares rise to highest since Abel replaced Buffett after stock buybacks, strong earnings  Reuters

Berkshire Hathaway, Under a New CEO, Starts to Spend its Cash Pile  wsj.com