Banque Suisse,
Focus Méditerranéen

Wall Street’s wagers on artificial intelligence regained traction, with stocks rising in late hours as solid results bolstered confidence in the trade that has powered the bull market. An exchange-traded fund tracking the S&P 500 rose after the close of regular trading. Tesla Inc.’s profit beat estimates, assuaging worries about increased investments into new areas such as AI. Meta Platforms Inc. boosted its capital spending outlook and announced plans to create a new class of nonvoting stock, part of efforts to escalate its bet on the technology. Stocks fell as megacap earnings failed to reassure investors about the rebound in the artificial intelligence trade, Chinese equities neared a bear market and escalating Middle East tensions drove oil prices higher. Treasuries and the yen gained on haven demand.