Global Business Weekend: Record Highs, AI Shake-ups, Oil Bears & Major Deals
The Dow Jones Industrial Average hit a record intraday high, surpassing its December peak, as UnitedHealth shares jumped 9.5% after Berkshire Hathaway disclosed a stake. Nvidia’s market value reached $4 trillion. Apple announced an additional $100 billion investment in U.S. projects. Meta Platforms reorganized its AI teams and secured $29 billion in financing for data centers.