Stocks were set to edge higher on Wednesday, having racked up solid gains the previous session thanks to a cooler-than-expected inflation reading and news of artificial intelligence investments from Saudi Arabia.

On two occasions now, Trump has gotten in front of major trade announcements and urged investors to buy stocks.

Palantir's stock is seeing a boost from reports that the U.S. and Saudi Arabian governments have reached a new deal that could create significant new business opportunities in the Middle East for the artificial intelligence (AI)-fueled data analytics company.

Nvidia and other AI stocks climbed Wednesday, extending Tuesday's gains as Saudi partnerships stoked excitement for future deals.

Wall Street on Thursday rose after President Donald Trump exhorted traders to "go out and buy stock now" following the announcement of a trade deal between the U.S. and the United Kingdom - the first of its kind since Trump's imposition of sweeping reciprocal tariffs in April.

Rep. Jared Moskowitz bought tens of thousands of dollars in stock in 20 different companies just two days before Trump announced a tariff pause.

Tesla stock was rising again early Tuesday after thawing U.S.-Chinese trade relations gave the shares a big boost on Monday. The focus has shifted back to the U.S. and President Donald Trump’s tax policy.

Although they long for more clarity about tariffs, investors feel they can’t sit on the sidelines as stocks climb.