Group 1: Market Performance - The Dow, S&P 500, and Nasdaq reached record highs in intraday trading due to strong corporate earnings and a cooler-than-expected inflation report [1][6] - Ford Motor shares surged after the company posted quarterly results that exceeded analysts' estimates, driven by strong demand for its commercial and fleet vehicles [1][6] Group 2: Company-Specific Developments - Advanced Micro Devices (AMD) shares increased after IBM reported it could run certain quantum computing algorithms on an AMD chip, leading to a rise in IBM shares as well [2] - Deckers Outdoor (DECK) shares fell significantly after the company provided a weaker-than-expected outlook, citing consumer pullback due to tariffs and higher prices [3][6] - Illinois Tool Works (ITW) shares declined after missing sales estimates and narrowing its guidance due to anticipated supply chain issues related to tariffs [4]

US stocks opened higher Friday morning and looked primed for their second straight winning week after President Trump confirmed an upcoming meeting with Chinese President Xi, alleviating trade tensions between the two nations.Adding to the bullish case, market participants have reacted positively to the latest round of third-quarter earnings reports. Overall, the start to the third-quarter earnings season has been very positive. We’re seeing broad beats across the board, from automaker GM to beverage giant ...

AMD shares have more than doubled this year, and the company is now on track to join the $400 billion market-cap club at Friday's close ...

Market Performance - US stock market surged to new highs, with the Dow Jones rising over 500 points, Nasdaq increasing by over 1%, and S&P 500 also gaining around 1% [3][4] Economic Indicators - US inflation data showed unexpected cooling, with September CPI rising 0.3% month-on-month and 3% year-on-year, both below Dow Jones estimates of 0.4% and 3.1% respectively [4] - Core CPI, excluding food and energy, increased by 0.2% month-on-month and 3% year-on-year, also lower than expected [4] - The CPI report is seen as a positive sign for the Federal Reserve's potential interest rate cuts in December [5] Federal Reserve Outlook - Market anticipates the Federal Reserve will continue its rate-cutting path, with traders betting on a total of 120 basis points in cuts over the next 12 months, bringing the benchmark rate down to 2.9% [5] - Analysts from B. Riley Wealth and Goldman Sachs expect the Fed to proceed with planned rate cuts, emphasizing the importance of labor market data over inflation targets [5] Consumer Confidence - US consumer confidence fell to a five-month low in October, with the index at 53.6, down from 55.1 in September, primarily due to concerns over persistent high prices [9] - Consumers expect a long-term inflation rate of 3.9%, slightly up from 3.7% the previous month, indicating ongoing worries about economic conditions [9][10] - The current conditions index dropped to its lowest level since August 2022, reflecting consumer dissatisfaction with high prices [10][11] Technology Sector - Technology stocks experienced significant gains, contributing to the overall market rally [6]

Core Insights - Advanced Micro Devices Inc. (AMD) shares increased by over 6% following reports that IBM can utilize AMD's chips for quantum computing algorithms [1][2] - IBM's upcoming paper will demonstrate the capability of running a quantum error-correction algorithm on AMD's field-programmable gate array chips [2] - The collaboration between AMD and IBM aims to develop quantum computing technologies, with IBM planning to launch a quantum computer by 2029 [2] Company Developments - AMD's stock performance was positively impacted by the news of its chips being used in quantum computing [1] - IBM's stock also saw a gain of approximately 6% in response to the announcement regarding the use of AMD's technology [1] Industry Trends - The quantum computing sector is experiencing heightened interest, with major technology companies like Google, Microsoft, and Amazon actively developing their own quantum technologies [3] - Recent advancements in quantum computing, such as Microsoft's first quantum chip and Google's breakthrough Willow, indicate a competitive landscape [3] - Stocks of other quantum computing firms, including D-Wave Quantum, Rigetti Computing, and IonQ, also rose following the announcements in the industry [3]

Core Viewpoint - The Philadelphia Semiconductor Index experienced a 2.3% increase at the beginning of trading, indicating positive market sentiment towards semiconductor companies [1] Company Performance - AMD saw a significant rise of over 6% in its stock price [1] - Intel's stock increased by more than 5% [1] - Micron Technology's shares rose by over 3% [1] - Broadcom's stock experienced an increase of over 2% [1]

Year-to-date, AMD shares have climbed 90%, far outpacing the Philadelphia Semiconductor Index’s 32% gain. AI revenue now accounts for 21% of total sales, driven by rapid datacenter demand. Q2 revenue hit $7.69 billion, up 32% year-over-year, with Q3 guidance at $8.7 billion. IBM also adopted AMD chips for quantum computing, using FPGA processors to correct errors and accelerate computation. IBM noted these chips are cost-effective, boosting AMD’s credibility in next-generation technologies. Wall Street is ...

Market Performance - On October 24, U.S. stock markets opened higher, with all three major indices reaching historical highs during the session. The Dow Jones increased by 0.77%, the S&P 500 rose by 0.73%, and the Nasdaq Composite gained 1.00% [1] Technology Sector - Most large-cap tech stocks saw gains, with Google rising over 2%, Nvidia increasing by over 1%, and Amazon, Apple, Microsoft, and Meta experiencing slight increases. However, Tesla fell by over 2% [3] - Chip stocks collectively strengthened, with AMD surging nearly 7% to a record high, Intel rising nearly 6%, Micron Technology increasing by over 4%, Broadcom gaining over 2%, and TSMC rising over 1% [4][5] Chinese Stocks - Among popular Chinese stocks, Bilibili rose over 2%, Alibaba, Xpeng Motors, and iQIYI increased by over 1%, while Weibo, Li Auto, and NIO experienced declines [6] Economic Indicators - The U.S. Bureau of Labor Statistics reported that the core Consumer Price Index (CPI), excluding volatile food and energy prices, rose by 0.2% from August, which was below economists' expectations of 0.3%. This was primarily influenced by the smallest increase in housing costs since early 2021 [7] - The release of the September CPI report was delayed due to the federal government shutdown. The lower-than-expected reading is seen as a surprise, particularly for Federal Reserve officials concerned about further rate cuts. The market has fully priced in expectations for two 25 basis point rate cuts by the end of the year [7][9]

Market Performance - On October 24, U.S. stock markets opened higher, with all three major indices reaching historical highs. The Dow Jones increased by 0.77%, the S&P 500 rose by 0.73%, and the Nasdaq Composite gained 1.00% [1] - Major technology stocks mostly saw gains, with Google rising over 2%, Nvidia up more than 1%, and Amazon, Apple, Microsoft, and Meta experiencing slight increases. Tesla, however, fell over 2% [3] Technology Sector - Chip stocks in the U.S. experienced a strong rally, with AMD rising nearly 7% to reach a historical high, Intel increasing by nearly 6%, Micron Technology up over 4%, Broadcom gaining over 2%, and TSMC rising over 1% [5] - Specific stock performances included AMD at $251.337 (+6.96%), Intel at $38.644 (+1.27%), and Micron Technology at $216.165 (+4.57%) [5] Chinese Stocks - Chinese stocks listed in the U.S. showed mixed results, with Bilibili rising over 2%, Alibaba, Xpeng Motors, and iQIYI increasing by over 1%, while Weibo, Li Auto, and NIO saw declines [6] Economic Indicators - The U.S. Bureau of Labor Statistics reported that the core Consumer Price Index (CPI), excluding volatile food and energy prices, rose by 0.2% from August, which was below economists' expectations of 0.3%. This was primarily influenced by the smallest increase in housing costs since early 2021 [7] - The delayed CPI report, originally scheduled for October 15, was impacted by the federal government shutdown, but the BLS managed to release it to assist in calculating the annual cost-of-living adjustment for Social Security, which will increase by 2.8% next year [7]

Let's get the gym and start training. >> I'm talking to a lot of people who are Nvidia billionaires and and I'm thrilled. They're regular people.Maybe we should start thinking about Lisa sillionaires. Okay. So, this month in 2014, she came in.The company was worth two uh $2.5% billion and now it's worth $400 billion. And it's up again today. She stayed in PC.She moved aggressively into the data center. Lisa Sue is one of the greatest executives of all time. >> Yeah.I mean, Time named her CEO of the year. Th ...