*NASDAQ RISES FOR 4TH STRAIGHT SESSION AS STOCKS JUMP AMID BETS INFLATION COOLED FURTHER IN DECEMBER
), meanwhile, ended the day up 3% and led big tech higher. Microsoft’s reported interest in investing in artificial intelligence start-up OpenAI continues to spur optimism on Wall Street.
“With ChatGPT being one of the most innovative AI technologies seen in the industry, MSFT is clearly being aggressive on this front and not going to be left behind on what could be a potential game changing AI investment,” Wedbush said in a note. Airlines stocks were also in focus after the Federal Aviation Authority lifted a halt on domestic flights following an overnight outage of a system used to send safety and flight information to pilots. More than 8,200 flights have been delayed, and over 1,200 flights were canceled, according to flight-tracking service FlightAware.
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