AI deals lift US venture capital funding to two-year high

By X-blogger - on July 4, 2024

Tesla Stock Daily Chart

U.S. venture capital funding surged to $55.6 billion in the second quarter, marking the highest quarterly total in two years. The latest figure shows a 47% jump from the $37.8 billion U.S. startups raised in the first quarter, largely driven by significant investments in AI companies, including $6 billion raised by Elon Musk’s xAI.

Shares of Tesla skyrocketed 5.0% in the last session. The MACD is giving a positive signal.
Tesla’s stock skyrocketed 5.0% in the last session.
The MACD is currently in the positive zone.
Support: 213.7141 | Resistance: 240.0329

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