Highlights of the Day on Wall Street

Current Market Situation

Yahoo Finance editor John Hyland evaluates the important developments on Wall Street today. This week, the chairman of the artificial intelligence chip manufacturer Nvidia, Jensen Huang, made significant announcements at the company’s annual GTC event.

Additionally, Microsoft’s 27% stake in OpenAI continues to maintain its strong position, opening the doors to a new era in the technology sector.

Meanwhile, layoffs at major companies such as Amazon and UPS have had a noticeable impact on the markets. These developments have created uncertainty for investors while signaling restructuring in many sectors.