Trending stocks this week as S&P 500 notches best weekly gain in 5 months
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Wall Street saw gains with the S&P 500 up 3.3% this week. Oracle plans to cut 20,000-30,000 jobs to boost cash flow amid AI investments. Tesla delivered 358,023 vehicles, missing estimates, while Nike's guidance disappointed, forecasting a sales decline. Applied Optoelectronics surged 20% after a $71 million order, and Teladoc Health rose 6% amid activist investor pressure for a buyback and strategic review.
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