Wall Street Ends Year on High Note Amid Major Nvidia AI Deal

Market Overview - U.S. equity markets closed higher on December 24, 2025, with the S&P 500 reaching a new all-time high of 6,932.05, up 0.32%, the Dow Jones Industrial Average at 48,731.16, up 0.60%, and the Nasdaq Composite at 23,613.31, up 0.22% [1][2] Economic Indicators - U.S. GDP expanded at an annualized rate of 4.3% in Q3 2025, exceeding forecasts and marking the strongest growth in two years, driven by increases in consumer spending, exports, and government outlays [3] AI Sector Developments - Nvidia announced a $20 billion acquisition of key inference technology assets from Groq, a startup known for high-speed AI inference chips, marking Nvidia's largest transaction to date [4] - The acquisition includes a non-exclusive licensing arrangement and the transition of Groq's leadership to Nvidia to enhance real-time AI capabilities [5][6] - This strategic move positions Nvidia to strengthen its lead in AI development, particularly in real-time applications [7] Market Sentiment - Positive market and corporate developments suggest continued enthusiasm for growth-oriented stocks, especially in technology, as the economy shows resilience and AI momentum remains strong [8]