
Wall Street is looking toward earnings for a follow-through of the AI trade.
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Wall Street is looking toward earnings for a follow-through of the AI trade.
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REVIEW PREVIEW NEWSLETTER Pretty Meta. One big thing separated the S&P 500 and Nasdaq Composite from the Dow Jones Industrial Average this week: Meta Platforms stock. The Dow rose 150 points, or 0.3%, on Friday.

<body><p>STORY: U.S. stocks closed higher on Friday, with the Dow gaining nearly three-tenths of a percent, the S&P 500 adding more than four-tenths of a percent to end just short of a record high, and the Nasdaq climbing nearly three-tenths of a percent.</p><p>The AI trade returned to the spotlight after South Korean memory chip maker SK Hynix ended almost 13% above its offer price at $168 in a blockbuster U.S. listing. The company raised over $26 billion on Thursday by selling American Depositary Receipts priced at $149 each.</p><p>U.S. stocks added to gains after President Donald Trump said that Iran had asked to continue talks and the U.S. had agreed, but that the June ceasefire was "over."</p><p>Ross Mayfield is investment strategist at Baird Private Wealth Management.</p><p>"Today I think markets are a little bit higher as it's evident once again that neither Iran nor the U.S. really want to re-engage in a hot war in the Middle East. This is going to be a volatile back and forth, who knows what will happen over the weekend. But I do think even a little bit of calm is helping markets, helping yields and oil pull back. And then this is kind of a calm before the storm. Not a lot going on today besides the SK Hynix debut. But next week - retail sales, CPI (Consumer Price Index), and the start of bank earnings. So a lot for investors to prep for, kind of a calm before the storm trading day."</p><p>Stocks on the move Friday included Meta Platforms, which jumped 6% to its highest level since April.</p><p>Shares of Moderna tumbled almost 11% in its worst day in over a year.</p><p>And shares of Delta Air Lines dropped more than 1.5%, even after the carrier forecast third-quarter profit above expectations.</p><p>Investors now look to quarterly earnings season, which kicks off next week.</p></body>
The big banks dominate this week's reporting docket, though several notable companies from other sectors will also report, including Netflix, Johnson & Johnson, and others. With the outlook trending consistently higher, will companies be able to live up to expectations?
The company's AI strategy is beginning to pay dividends.
The latest trading day saw Astrazeneca (AZN) settling at $171.61, representing a -3.85% change from its previous close.
V.F. (VFC) closed the most recent trading day at $16.77, moving +1.45% from the previous trading session.
The latest trading day saw M-tron Industries, Inc. (MPTI) settling at $87.83, representing a -1.82% change from its previous close.
The latest trading day saw American Tower (AMT) settling at $168.59, representing a +2.18% change from its previous close.
The latest trading day saw PagSeguro Digital Ltd. (PAGS) settling at $9.25, representing a +2.78% change from its previous close.
In the most recent trading session, Tutor Perini (TPC) closed at $75.89, indicating a +1.21% shift from the previous trading day.
In the closing of the recent trading day, Wingstop (WING) stood at $153.29, denoting a -2.81% move from the preceding trading day.
United Parcel Service (UPS) reached $112.47 at the closing of the latest trading day, reflecting a +1.56% change compared to its last close.
United Airlines (UAL) closed at $126 in the latest trading session, marking a -2.36% move from the prior day.
In the latest trading session, Symbotic Inc. (SYM) closed at $43.64, marking a +1.14% move from the previous day.
In the closing of the recent trading day, DaVita HealthCare (DVA) stood at $232.8, denoting a +1.45% move from the preceding trading day.
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