Artificial intelligence has been a major driver of Wall Street’s record highs, but excitement around stock splits in influential companies has also played a significant role. Stock splits allow companies to adjust their share price and outstanding shares without impacting their market capitalization or operations, influencing investor perception and market dynamics.
Explain It To Me Like I’m 5: Wall Street is excited about stock splits, which are like a company deciding to cut its pizza into more slices, making each slice cheaper without changing how much pizza there is.
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