The Nasdaq Composite climbed to a new all‑time high on Thursday, as investors shrugged off growing concerns over artificial‑intelligence safety and the escalating conflict in Iran.
The rally follows a surge in AI‑related stocks and a broader uptick in technology shares, which have been buoyed by reports of rapid progress in machine‑learning applications.
Despite heightened geopolitical tensions and debates about the regulatory and ethical implications of AI, market participants remained bullish, pushing the index to record levels.
Analysts note that the continued enthusiasm for AI companies has helped sustain the momentum, with the Nasdaq’s performance underscoring the sector’s growing importance in the broader market.
As the AI frenzy gathers pace, investors appear to be prioritising short‑term gains over long‑term safety and security concerns, a trend that could shape the market’s trajectory in the coming months.
<small>Source: Al Jazeera — read the original story there.</small>