Over the week's three sessions, the S&P 500 rose 1.51% and the Nasdaq Composite gained 1.98%, helped by semiconductor and tech earnings, while the Dow added 0.62% to 52,536.29. The VXN Nasdaq volatility gauge fell 3.51 points to 24.79 and the VIX eased to 17.31, while WTI crude jumped 3.47% to $103.37 a barrel. Texas Instruments reported third-quarter revenue of $6.06 billion, up 28%, and EPS of $2.62; IBM posted revenue of $17.1 billion, up 5%, and EPS of $2.31. Meta Platforms reported revenue of $64.60 billion, up 26%, but the quarter included a $9.89 billion charge tied to an agreement with 52 attorneys general over teen mental health and social media litigation. Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing structure for AI compute for Anthropic using Broadcom's technology, with deliveries starting in calendar 2027.
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