These 5 stocks are driving the market
CNN
Despite anxiety about inflation and the Omicron variant, the stock market is on track for another banner year. That's in large part thanks to stellar gains from just a handful of stocks.
What's happening: According to new research from Goldman Sachs, just five companies — Microsoft (MSFT), Apple (AAPL), Nvidia (NVDA), Tesla (TSLA) and Google parent Alphabet (GOOGL) — have contributed 51% of S&P 500 returns since April. Going back to the beginning of the year, they account for more than a third of the index's rise.
OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Chairman of Oracle appeared is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce a massive private sector investment in artificial intelligence infrastructure in the United States., a source familiar with the discussions confirmed to CNN.