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Technology stocks rose as Anthropic reported sharp revenue growth, lifting AI-linked names while investors tracked commodities, rates and upcoming retail earnings.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Technology stocks lifted global equities after Anthropic told prospective investors
00:07its second quarter revenue jumped at least 14-fold from a year earlier, according to Bloomberg.
00:12NASDAQ 100 futures rose 0.5%, while S&P 500 futures gained 0.1%.
00:19Sandisk and Micron rallied in pre-market trading as AI-linked stocks regained momentum following
00:24a volatile July.
00:26The dollar touched a three-month low, while gold briefly topped $4,400 an ounce, and copper
00:32advanced toward a record.
00:34Brent crude climbed toward $89 a barrel amid renewed fighting in Lebanon and attacks on
00:39vessels in the Strait of Hormuz.
00:41Investors will also watch earnings from Walmart and Home Depot after U.S. consumer spending
00:46cooled in July.
00:47For all things money, visit Benzinga.com.
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