Trending stocks this week as Wall Street pushes higher amid chip rally, strong jobs data
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Wall Street saw a significant rise this week, driven by a strong U.S. jobs report and solid semiconductor earnings. The S&P 500 gained 2.3%, the Nasdaq Composite surged 4.5%, and the Dow added 0.2%. Notable stock movements included AMD, which soared 26% after exceeding earnings expectations, while Arista Networks fell nearly 21%. Disney shares rose ~7% due to improved streaming profitability. GameStop proposed acquiring eBay, and Datadog jumped 42% after raising its revenue outlook. Geopolitical tensions also influenced market sentiment following U.S. military actions in the Middle East.
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