Wall Street is drifting Wednesday as gains for most stocks outweigh drops for Alphabet and some other big-name companies following their latest profit reports. The S&P 500 was 0.2% higher in late trading.

Wall Street rebounds as tech stocks stabilize following AI-related sell-off, with mixed results in other sectors.

Stocks on Wall Street edged higher Wednesday as the focus swings back toward how much profit businesses are making.

Calm returned to Wall Street Tuesday, and tech stocks led U.S. indexes higher following a strong profit report from Palantir Technologies, a darling benefiting from the artificial-intelligence boom. The S&P 500 rose 0.