Stocks surged in the afternoon session as Alphabet’s upgraded Gemini 3 AI model sparked renewed enthusiasm for artificial intelligence, pushing the Nasdaq up 2.6% and the S&P 500 up 1.6%. This optimism also boosted shares of Broadcom, Micron, and Palantir. Applied Digital’s stock, known for its volatility, saw significant market impact. Nvidia’s strong earnings report and robust September jobs data fueled the market’s bullish sentiment. Applied Digital is up 210% this year but still trading below its 52-week high. Stay informed on stock movements with StockStory’s watchlist feature.

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