[00:05] earning season is among the factors sending the Dow and S&P 500 to a fifth straight day of gains and another set of record highs. The Nasdaq is moving between gains and losses, but that follows four days of gains and jumps of
[00:17] follows four days of gains and jumps of more than 2% both Monday and Tuesday. more than 2% both Monday and Tuesday. The Dow adding 434 points at 54,520. The S&P 500 seven points higher or a tenth of 1%. The Nasdaq dipping lower by
[00:29] tenth of 1%. The Nasdaq dipping lower by 25 points or a tenth of 1%. Sylvia Jablonski, Chief Investment Officer at Defiance ETFs, says it's the parade of going. >> 86% are are are beating on EPS, 47%
[00:44] year-over-year growth rate, which is, you know, seven consecutive quarters of double digits here. And who's winning? It's the AI hyper-scalers. So, not mag seven, not just AI, not just chips, but the AI hyper-scalers. And so, these are
[00:56] the companies that are actually spending a lot of money on AI. They're companies like Oracle, Microsoft, Amazon, Google, but they're monetizing on it. >> And as we hit the midpoint of the week, the S&P and Nasdaq are on pace for their
[01:09] months, while the Dow is on track for its best week since April of 2025. Chipmaker Advanced Micro Devices is the biggest loser among Nasdaq 100 stocks, down more than 6%. Investors didn't see enough in AMD's latest earnings report
[01:25] to convince them that booming AI spending is accelerating AMD's revenue growth. E-commerce software firm Shopify is one of the day's big winners, leading the Nasdaq 100 with a nearly 18% gain. It reported better than expected profit
[01:38] and revenue for its latest quarter. That helped wipe out worries over its level of artificial intelligence spending. Peter Shacknow, CNBC.