Global stocks climb as investors keep betting on AI giants

Global stock markets rose as investors stayed bullish on the tech giants powering the AI boom. On Tuesday, the Nasdaq Composite gained 1.18%, the S&P 500 rose 0.6% and the Dow edged up 0.03%. Five of the 'Magnificent Seven' stocks advanced, led by Tesla's 4.04% jump, while Amazon, Apple and Alphabet also gained. Asian markets followed Wall Street higher.