MARKETS LIVE: Wall Street opens mixed as AI jitters hit chip stocks, Tesla bucks the trend

Wall Street opened mixed on Friday, with chip stocks pressured amid “AI jitters,” while Tesla bucked the trend. The Dow rose 130.60 points, or 0.25%, to 52,308.28, and the S&P 500 edged up 0.02% to 7,745.32, though it slipped into negative territory in the first minutes. The Nasdaq Composite fell 0.22% to 26,652.985. Tesla shares gained 1.86% to $369.18 after the company unveiled a redesigned Roadster using rocket-style thrusters developed with SpaceX. CoreWeave slid about 6% to $65.18 on lingering concerns over debt and financing costs, and Netflix fell nearly 2% to $71.21 after announcing the departure of its chief content officer and workforce cuts. In London, the FTSE 100 rose 0.36%.