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AI Stocks Soar Amid Market Gains | Odessa News
The stock market surged Friday as AI-driven momentum propelled the S&P 500, Dow, and Nasdaq higher—marking its fourth winning week in five. SK Hynix’s Nasdaq debut smashed records, jumping 13% after raising $26 billion, fueled by AI chip demand. But analysts warn AI valuations may be overheated, with soaring chip spending not yet translating to real profit growth. Delta posted strong earnings but saw a stock dip, while Circle Internet Group got U.S. approval to launch a bank—big news for digital assets. Next week’s bank earnings will be critical as investors eye whether record highs can be…
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