S&P 500 ends higher as Oracle reignites AI rally


The S&P 500 climbed 0.38% to end the session at 6,045.26 points. The Nasdaq gained 0.24% to 19,662.49 points, while the Dow rose 0.24% to 42,967.62 points.

NEW YORK: The S&P 500 ended higher on Thursday after a strong outlook from Oracle fueled optimism around artificial intelligence, offsetting worries about tension in the Middle East and a drop in Boeing shares.

Oracle surged 13.3% to record highs after the cloud service provider raised its annual revenue growth forecast, driven by strong demand for its AI-related services.

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