IBM has reportedly found that it can run a key quantum computing algorithm on an easy-to-get and reasonably priced chip made by Advanced Micro Devices. https://t.co/PR4eWenUXh ...

Core Points - US stock market closed with significant gains, with the Dow Jones up 1.02%, S&P 500 up 0.79%, and Nasdaq up 1.15%, all reaching historical highs [1] - Ford Motor Company saw a substantial increase of 12% in its stock price [1] - Semiconductor stocks performed well, with Intel rising by 0.31%, AMD increasing by 7.6%, and Alphabet gaining 2.6% [1] - The Nasdaq Golden Dragon China Index rose by 0.2%, with notable gains from companies like WeRide (up 5.1%) and Alibaba (up 1.5%) [1]

Advanced Micro Devices (AMD) shares extended gains to print an all-time high of about $253 on Friday as investors continued to flock into the chipmaker ahead of its earnings on Nov. 4. Analysts currently expect the semiconductor behemoth to earn $0.97 on a per-share basis in its fiscal Q3, up sharply from $0.76 in the same quarter last year. More News from Barchart At the time of writing, AMD stock is up well over 200% versus its year-to-date low in early April. www.barchart.com What Helped AMD Stock ...

Group 1 - Advanced Micro Devices (AMD) shares increased by 7% on Friday, driven by positive sentiment in the semiconductor sector [1] - The surge in AMD's stock was supported by a series of strong earnings reports and industry developments that bolstered investor confidence [1]

Core Insights - AMD and IBM experienced significant stock price increases following the news that IBM can run a key quantum computing error-correcting algorithm on AMD's affordable chips [1][6] - IBM's research paper, set to be released, highlights the capability of running these algorithms in real time on AMD's field programmable gate array semiconductors [2] Company Performance - AMD shares have more than doubled since the beginning of the year and rose nearly 7% in mid-afternoon trading on the reported news [3] - IBM's stock surged over 7%, contributing to a year-to-date gain of approximately 40%, making it the second-largest gainer in the Dow Jones Industrial Average for 2025 [3] - Shares of Micron, which supplies memory solutions for AMD and Nvidia chips, increased by 5% on the same day [3] Significance of the News - For IBM, this development marks a step towards making quantum computers more commercially viable and reliable [4] - For AMD, it demonstrates the growing importance of affordable and flexible chips in advanced research, enhancing the company's position in next-generation computing [4] - Jay Gambetta from IBM research emphasized the significance of the implementation being ten times faster than required [4] Quantum Computing Context - Quantum computers utilize qubits to solve problems at speeds thousands of times faster than traditional computers, but qubits are susceptible to errors that can overwhelm quantum chips [5] - IBM aims to construct a quantum computer named Starling by 2029, with the algorithm work completed a year ahead of schedule [5][6]

Market Overview - The U.S. stock market reached unprecedented highs on October 24, 2025, with all three major indexes setting new records due to a cooler-than-expected inflation report, strong corporate earnings, and easing global trade tensions [1][3][9] - The S&P 500 climbed approximately 0.9% to 1%, surpassing the 6,800-point mark for the first time, while the Dow Jones Industrial Average rose around 1.1% or 519 points, and the Nasdaq Composite advanced approximately 1.3% to 1.31% [2] Sector Performance - The technology and semiconductor sectors were significant contributors to the market gains, with companies like Advanced Micro Devices (AMD) surging approximately 6.5% and Intel (INTC) seeing shares rise between 1.2% and 3.8% due to strong demand driven by the AI boom [4][12] - Energy stocks also performed well, boosted by rising crude oil prices following new U.S. sanctions on major Russian oil producers [4] - Defensive sectors such as consumer staples, healthcare, and utilities experienced modest movements or slight declines, indicating a "risk-on" market sentiment [4] Company News - Ford Motor (F) shares increased by 11.1% after reporting stronger-than-expected profits [7] - Dow Inc. led the S&P 500 with a jump of over 12% after exceeding consensus estimates for adjusted operating EBITDA in Q3 [12] - HCA Healthcare (HCA) saw its shares rise over 4% after significantly surpassing Q3 earnings expectations [12] - Conversely, Newmont Mining (NEM) fell 4.3% despite reporting stronger-than-expected profits, and Deckers Outdoor (DECK) plunged 12.5% to 14% after providing a weaker-than-expected outlook [12]

Ford shares surged after the automaker posted quarterly results that topped analysts' estimates. Artur Widak / NurPhoto / Getty Images Coinbase Global (COIN) shares advanced after an upgrade from JPMorgan, citing potential sources of new growth for the cryptocurrency exchange and strengths relative to its peers. Deckers Outdoor (DECK) shares plunged to lead decliners on the benchmark index after the company behind the Ugg and Hoka shoe brands gave a weaker-than-expected outlook, saying it sees consumers pul ...

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]