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General Motors posts strong Q2 results

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Wall Street gains on chip stocks and tech earnings

Wall Street gains on chip stocks and tech earnings

Wall Street indices rose at the opening of trading as chip stocks recovered and expectations grew for strong results from major technology companies, especially Alphabet and Intel, which could determine the continuation of the upward wave related to artificial intelligence. The market was supported by a rebound in the semiconductor sector after it declined by more than 20% at the end of June, despite a 66% increase since the beginning of the year. Investors are now watching company earnings and developments in geopolitical tensions, particularly the war between the United States and Iran, as well as the impact of tariffs on the U.S. markets.

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