Wall Street Index Mixed, Tech Nvidia results ahead of results

‘Buy’ benefits after Jefferies

Berkshire Hathaway hits a record high hit after a record Q4 profit

Domino Pizza Q4 falls after remembering similar-store sales estimates

Index: Dow Up 0.45%, S&P500 up 0.04%, NASDAQ below 0.45%

(Updates prices for noon)

By SIND Carv and Johan M. Cherian

February 24 (Reuters) – The main sequences of Wall Street were added to the tanging trading on Monday, in which the biggest drag was created with technology shares as investors were made as investors to clue on the future of demanding artificial intelligence technology by investors. Waited the results from.

Dow and S&P 500 managed small benefits. Tech-Havi Nasdac Composite slipped.

Connecting uncertainty, a TD Cowen analyst report published late Friday said that Microsoft has eliminated leases for a large -scale data center capacity in the US, which suggests a possible oversuply of the AI ​​infrastructure.

Microsoft said that in this financial year there was a plan to invest more than $ 80 billion in AI and cloud capacity in this financial year, but a spokesperson said it could “move the strategic speed or adjust” in some areas “adjusting” the infrastructure ” Is.

The report came weeks after the launch of the AI ​​model, a lower -cost AI model from China’s lampsak, whether American companies were spending a lot on technology and reducing the future demand.

“Markets are already irritable and are looking for a reason to take profits,” Jean Goldman, CEETERA Investment Officers of Investment Management said, seeing that any question about AI is a to take profit The reason is seen as the technology has increased the market growth. past few years.

With concerns about tariffs and inflation, investors are getting more concerned about economic growth after the batch of weak economic figures and walmart of last week.

Goldman said, “instability is inspired by market uncertainty whether we are facing an increase or intimidating inflation,” Goldman said.

02:24 pm, Dow Jones Industrial Average 196.41 points, or 0.45%, increased to 43,624.43, S&P 500 lost 2.63 points, or 0.04%, 6,015.76 and Nasdaq Composite 87.77 points, or 0.45%, 19,436.24.

Six of the 11 S&P 500 sectors were proceeding with the major benefits of healthcare, about 1%, while utilities, from 0.8%, fell closely by technology for the most time, below 0.5%.

On Wednesday, the quarterly results of the expected NVidia made the technology sector in the headlines for the week. The NVIDIA share was last 1% below with Microsoft Stock.

“AI Tech Trade’s dominance has run its curriculum, not that these companies are not great stock. We are leading for a major digestive phase,” said the CIO in Peter Boakwar, CIO, Blackley Financial Group.

On the data front, the Person Consumption Expenditure Index – Federal Reserve’s favorite inflation gauge – expected on Friday and can help the markets gauge the first rate of the central bank this year.

According to data compiled by LSEG, the interest rate futures indicated that the Fed left the bearing cost for the first half of the year.

Apple reversed the premarket to achieve more than 1%. The iPhone manufacturer unveiled a plan to spend $ 500 billion in US investments over the next four years, including setting up a huge factory in Texas for the AI ​​server.

Among others, Berkshire Hathaway shares were close to 5% and hit the first record height during the day, the group of Warren Buffett reported a record annual benefit.

Jeffers added more than 5% to Nike after increasing its rating to “buying” from “hold”.

The 1.22 -to -1 -1 ratio on the NYSE carried forward issues of advancing the declenners by 76 new and 116 new offering.

At the NASDAQ, 1,913 stocks rose and 2,449 fell as issues of decline, which overtook the Advancers in the 1.28 -to -1 -1 ratio. S&P 500 made 27 new 52-week high and 8 new climbs, while Nasdaq Composite recorded 36 new and 206 new climbs.

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