Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.
Pedestrians on Broad Street near the New York Stock Exchange (NYSE) in New York, US, on Tuesday, May 26, 2026. Wall Street kicked off the holiday-shortened week with stocks joining bonds higher as hopes for a peace deal between the US and Iran overshadowed military strikes in the Persian Gulf.