[BRIEFING.COM] The S&P 500 (+0.3%), Nasdaq Composite (+0.5%), and DJIA (-0.2%) now trade in a steady range as the market awaits key developments this afternoon.
Tesla (TSLA 405.64, +4.39, +1.09%) CEO Elon Musk stated at a Saudi investment forum that AI is an infrastructure and is revolutionizing every industry, adding in 10-20 years "work will be optional" because of AI.
NVIDIA (NVDA 185.12, +3.76, +2.07%) CEO Jensen Huang is also at the forum, though Mr. Musk's comments have not had a noticeable impact on either stock.