S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
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Money Talk

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Industrials Rise as Traders Reassess AI Demand

Falling oil futures and renewed confidence in the artificial-intelligence boom lifted shares of industrial and transportation companies, as investors also weighed company-specific updates from Hapag-Lloyd, Caterpillar and Siemens Energy.

Industrials Rise as Traders Reassess AI Demand

Hapag-Lloyd raised its full-year earnings guidance for a second time after fourth-quarter freight rates exceeded the German container shipping line’s forecast.

Caterpillar shares recovered some recent losses. Demand for the company’s generators from AI data-center developers appeared likely to hold up after CoreWeave reported earnings.

Siemens Energy shares surged after the energy-infrastructure machinery maker issued optimistic long-term growth projections.

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