S&P Hits New Intraday Record High on Hopes of Trade Deal With China

The video discusses the S&P 500 reaching an all-time intraday high, driven by significant contributions from companies like Apple, Microsoft, Lam Research, and KLAC. AT&T's shares rise due to a strategic plan praised by Elliott Management, while Spotify sees user growth. Microsoft secures a Pentagon cloud services contract, potentially challenged by Amazon. The video also covers the impact of tech earnings on the market, focusing on companies like Alphabet, Facebook, and Apple.

Which companies were noted as top contributors to the S&P 500's record high?

• Google and Amazon

• Apple and Microsoft

• Facebook and Twitter

• Tesla and Netflix

What strategic move by AT&T was highlighted in the discussion?

• Introduction of a 3-year plan

• Acquisition of a new company

• Merger with another telecom giant

• Launch of a new product

What significant contract did Microsoft secure, as mentioned in the video?

• A partnership with Google

• A contract with NASA

• A deal with the European Union

• A Pentagon cloud services contract

Which company was expected to win the Pentagon contract before Microsoft?

• Apple

• Facebook

• Amazon

• IBM

Which tech company is noted for having a particularly optimistic outlook despite previous pessimistic forecasts?

• Netflix

• Apple

• Alphabet

• Facebook