Stocks Hit Record Highs to End Week Fueled by Nvidia Earnings and AI Hype
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S&P 500 and Dow hit fresh record highs to end a week fueled by Nvidia's blowout earnings and AI excitement. Nasdaq slipped after its own banner week.
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Block shares surged 16% as earnings topped estimates; lifted full-year outlook. Carvana stock popped 30%+ on first-ever annual profit.
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Warner Bros. Discovery shares sank 12%+ as ad revenue dropped amid industry-wide issues. Still reducing losses.
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Walmart executing 3-for-1 stock split after market close, making shares more affordable for staff. Part of employee-friendly push.
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Reddit's IPO filing warns meme stock frenzies could bring "extreme volatility" to its own share price post-IPO. Mentions r/wallstreetbets risk.