Three Major U.S. Stock Indices Edge Higher; Alibaba Soars Over 4% on Pingtouge’s Launch of Next-Gen AI Chip
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Author:小编   

On September 22, 2026, the three major U.S. stock indices began the trading day on a positive note, with the Nasdaq Composite Index inching up by 0.14%, the S&P 500 Index advancing by 0.08%, and the Dow Jones Industrial Average climbing 0.39%. On the same day, Alibaba’s stock price experienced a notable surge, jumping over 4%. This boost came as Pingtouge, during the Yunqi Conference, unveiled its latest AI chip, the Zhenwu V900, which promises to deliver three times the performance of its predecessor, the Zhenwu M890. In another development, Paramount’s stock price also saw a rise of over 5%, following the resolution of a dispute with 12 U.S. states and the Writers Guild of America. This settlement removed the last obstacle to Paramount’s planned acquisition of Warner Bros. Discovery, a deal valued at approximately $110 billion.