Tech sector trades at record highs, Figma stock slides after Anthropic releases Claude Design

Tech stocks today: Tech sector trades at record highs, Figma stock slides after Anthropic releases Claude Design

Yahoo Finance

Updated Sat, April 18, 2026 at 5:17 a.m. MYT 1 min read

Tech stocks rose to record highs on Friday as hopes emerged that the war in Iran and the blockage of the Strait of Hormuz may be easing.

A resurgence in tech stocks and the artificial intelligence trade helped push the major indexes to all-time highs to end the week.

In individual names, Tesla’s (TSLA) stock was poised to end an eight-week losing streak after CEO Elon Musk teased the company’s AI5 chip.

AMD (AMD) and other AI chipmakers benefited from the bullish demand signal sent by Taiwan Semiconductor Manufacturing Company (TSM) this week. TSMC’s sizable 58% increase in first quarter profits sent a strong signal that AI demand remains robust.

Meanwhile, Anthropic released its latest AI model — Claude Opus 4.7 — which the startup said makes improvements “on the most difficult tasks.” Opus 4.7 isn’t Anthropic’s most powerful model, however. That would be its Mythos model, which is currently undergoing testing by a limited number of users.

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TSMC’s sizable 58% increase in first quarter profits sent a strong signal that AI demand remains robust.</p>\n<p><br></p>\n<p>Meanwhile, Anthropic released its latest AI model — Claude Opus 4.7 — which the startup said makes improvements “on the most difficult tasks.” Opus 4.7 isn’t Anthropic’s most powerful model, however. That would be its Mythos model, which is currently undergoing testing by a limited number of users.</p></body></html>","text":"Tech stocks today: Tech sector trades at record highs, Figma stock slides after Anthropic releases Claude Design $NVIDIA(NVDA)$ Yahoo Finance Updated Sat, April 18, 2026 at 5:17 a.m. MYT 1 min read Tech stocks rose to record highs on Friday as hopes emerged that the war in Iran and the blockage of the Strait of Hormuz may be easing. A resurgence in tech stocks and the artificial intelligence trade helped push the major indexes to all-time highs to end the week. 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