Market Overview - The market continues to rally, reaching all-time highs despite the ongoing government shutdown, which historically has not had a major negative impact on market performance [2][3][5] - The S&P 500 and Dow have settled at record highs, with sectors like utilities, industrials, and information technology also hitting new highs [5][12] - The CBOE volatility index (VIX) has firmed up due to the shutdown, but this has not negatively impacted risk-on assets, including equities [3][12] Government Shutdown Impact - The current government shutdown is not expected to significantly affect market sentiment, as investors are focusing on individual company stories rather than macroeconomic data [13][14] - The lack of economic data, such as the September jobs report, has lent support to the ongoing market rally [15][16] Technology Sector Developments - AMD has announced a significant multi-year deal with OpenAI to supply chips, leading to a pre-market surge of over 25% in AMD's stock [18][23] - This partnership is expected to generate substantial revenue, potentially in the billions, amid increasing demand for computing power [23] - Micron has received an upgrade from Morgan Stanley, raising its price target to $220, following strong earnings and guidance [25][26] Cryptocurrency and Precious Metals - Bitcoin is experiencing a rally, likened to gold, which is also hitting record highs, indicating a broader trend of rising asset prices [6][10][12] - Gold is being viewed as a hedge against inflation and economic uncertainty, with prices approaching $4,000 [6][10]

So talk us through first and foremost what Samsung is. Hi. Hi, Nicks.Of course, the Asian players winning contracts with Openai and Stargate, but this is as the leadership in Washington are really pushing for more domestic manufacturing. Just talk us through it. Well, when you think about it, you have to look at it in the broader context.And for the Trump administration, this would certainly support their goal of propelling investment in Stargate, in open A. I. , in that big data center project that the pre ...

Welcome back to Market on Close. I'm Sam Bartis live from the floor of the New York Stock Exchange. Shares of SanDisk have rallied to a new record high today.The Western Digital spin-off is now up over 110% this month. It's time now for overlooked stocks and I'm joined by joined by George Sillis who is the senior markets correspondent for a look at this stock. So, it is up quite considerably today 17%.What's behind that move, George. Well, behind the move is what you mentioned, Sam. I mean, Western Digital ...