ATLANTA (AP) — Left-hander Chris Sale and the Atlanta Braves agreed to a contract on Tuesday adding $27 million for the 2027 season.
A 36-year-old who won the 2024 NL Cy Young Award in his first season with Atlanta, Sale agreed to a deal that includes a $30 million team option for 2028.
Atlanta acquired Sale from Boston in December 2023 and he agreed to a reworked $38 million, two-year contract that included an $18 million club option for 2026. The Braves exercised the option in November.
Sale is 25-8 with a 2.46 ERA in 49 starts and one relief appearance with the Braves. He made the All-Star team twice, raising his total to nine.
He is 145-88 with a 3.01 ERA is 15 major league seasons with the Chicago White Sox (2010-16), Boston (2017-23) and Atlanta, striking out 2,579 in 2,084 innings. His 11.1 strikeouts per nine innings are the most among pitchers with 1,500 or more innings.
Sale has thrived with the Braves after making nine trips to the disabled and injured lists with the Red Sox, mostly with shoulder and elbow ailments. He had Tommy John surgery on March 30, 2020, and returned to a big league mound on Aug. 14, 2021.
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Atlanta Braves pitcher Chris Sale delivers in the first inning of a spring training baseball game against the Minnesota Twins in North Port, Fla., Sunday, Feb. 22, 2026. (AP Photo/Gerald Herbert)
CORRECTS CITY TO NORTH PORT FLORIDA NOT BRADENTON - Atlanta Braves pitcher Chris Sale delivers in the first inning of a spring training baseball game against the Minnesota Twins in North Port, Fla., Sunday, Feb. 22, 2026. (AP Photo/Gerald Herbert)
CORRECTS CITY TO NORTH PORT FLORIDA NOT BRADENTON - Atlanta Braves pitcher Chris Sale delivers in the first inning of a spring training baseball game against the Minnesota Twins in North Port, Fla., Sunday, Feb. 22, 2026. (AP Photo/Gerald Herbert)
NEW YORK (AP) — The U.S. stock market is holding steadier on Tuesday after getting a reminder that the artificial-intelligence technology boom may also have an upside.
The S&P 500 rose 0.1%, a day after sliding 1%. The Dow Jones Industrial Average was up 219 points, or 0.4%, as of 10:05 a.m. Eastern time, and the Nasdaq composite was 0.2% higher.
Advanced Micro Devices helped lead the market and climbed 7% after announcing a multiyear deal where it will supply chips to help power Meta Platforms’ AI ambitions. Under the deal, Meta also got the right to buy up to 160 million shares of AMD stock for 1 cent each, depending in part on how many chips Meta ultimately buys.
It’s a reminder of the excitement that built in recent years about the billions of dollars pouring into AI, which could remake the world and create a more productive economy.
Recently, though, investors have begun to focus more on the potential downsides of AI and how certain companies and industries could see their profits undercut by an AI revolution. Industries as far flung as software, trucking logistics and legal services have seen investors suddenly and aggressively punish them for potentially being under threat.
IBM rose 4.1% Tuesday to recover a chunk of its 13.1% drop from the prior day, which was its worst since 2000.
The pain has also filtered out to the private-equity industry, with fears building that loans it made to software companies dependent on recurring revenue may have less of a chance of getting repaid. Blue Owl Capital fell 1.5% to bring its loss for the young year so far to 31.2%.
Outside of AI worries, big U.S. companies continue to report mostly better profits for the end of 2025 than analysts expected.
Keysight Technologies rallied 20% for the biggest gain in the S&P 500 after topping analysts’ expectations for profit and revenue in the latest quarter. It also said revenue in the current quarter could rise by roughly 30% from a year earlier.
Home Depot rose 2.7% after likewise delivering stronger profit and revenue than analysts expected. That was even with what CEO Ted Decker called “ongoing consumer uncertainty.”
They helped offset a 3.4% drop for Coinbase Global. The crypto trading platform fell as bitcoin dropped back below $64,000, close to half its record price reached in October.
Meta Platforms also weighed on the market after slipping 1.2%. Because the parent company of Facebook and Instagram is one of the largest on Wall Street by market value, its stock has more of an effect on the S&P 500 than all but a handful.
In stock markets abroad, indexes rose modestly in Europe.
In Asia, the swings were larger. South Korea’s Kospi jumped 2.1%, while Hong Kong’s Hang Seng dropped 1.8%. Stocks in Shanghai rose 0.9% after reopening following a holiday of more than a week.
In the bond market, Treasury yields ticked higher after a report said that confidence among U.S. consumers improved by more than economists expected. The yield on the 10-year Treasury rose to 4.04% from 4.03% late Monday.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
A pedestrian walks outside the New York Stock Exchange during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)
Snow falls outside the New York Stock Exchange, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)
Snow falls outside the New York Stock Exchange, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 24, 2026. (AP Photo/Ahn Young-joon)
A currency trader stretches near a screen showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won, left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 24, 2026. (AP Photo/Ahn Young-joon)
