Stock Market Winners & Losers: S&P 500 Rises to Record on Tech Stock Gains | Wall Street Warms to Nuclear Power | Zuckerberg Previews Meta’s AR Glasses
Stocks rose, with the S&P 500 gaining 0.5% and hitting a new record, boosted by Micron Technology. Positive U.S. economic data, including a drop in jobless claims, supported market optimism. Oreo is driving sales with limited-edition flavors like Coca-Cola, attracting new buyers who haven't purchased regular Oreos.
Big Tech is increasingly investing in nuclear power to meet the future energy demands of AI data centers. Microsoft plans to reopen a reactor at Three Mile Island, Oracle is building a nuclear-powered data center, and startups like Sam Altman-backed Oklo are advancing microreactors. Companies like Rolls-Royce and TerraPower, co-founded by Bill Gates, are also developing nuclear technologies.
At MetaConnect, Meta introduced the advanced Orion AR glasses with gesture control and real-time translation features for its Ray-Ban Meta glasses. Meta also revealed the more affordable Quest 3S VR headset, but its metaverse division continues to lose around $16 billion annually.
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