From Nasdaq:

1. The S&P 500 closed above 5,000 for the first time on February 9th, with Nvidia leading the gains after a report that it would design chips for cloud computing and advanced AI technology.
2. OpenAI Chief Executive Sam Altman is in talks to raise funds for a tech initiative to increase chip-building capacity for powerful AI, according to a Wall Street Journal report.
3. With solid results from two-thirds of S&P 500 companies, earnings growth in the fourth quarter is up 9.0% compared to expectations of 4.7% on January 1. Most companies are beating estimates, boosting the S&P 500 to 10 intraday record highs so far this year.
4. U.S. monthly consumer prices rose less than initially estimated, clouding expectations on the timing of interest-rate cuts from the Federal Reserve, but data showed underlying inflation remaining warm.
5. All three indexes registered their fifth straight weekly gain, with Wall Street still predicting a rate cut this year despite strong economic data and hawkish comments from Fed policymakers.
6. Market participants are awaiting data on January consumer prices next week for more clues on when the Fed will cut borrowing costs.
7. Cloudflare rallied 19.5% after its forecast first-quarter revenue and profit, but PepsiCo fell 3.6% due to shortfalls in fourth-quarter revenue, as did Pinterest, which sank 9.5% after forecasting first-quarter revenue largely below Wall Street estimates.



Read more: Megacaps rally pushes S&P 500 to first close above 5,000 milestone