Skip to main content
See every side of every news story
Published loading...Updated

US Stocks Soar; Dow Tops 50,000

Nvidia and chipmakers surged on AI data center investment hopes while the Dow added 2.5% for the week, outperforming the S&P 500 and Nasdaq, Reuters reported.

  • On Friday, the Dow Jones Industrial Average topped 50,000, rising 1,206 points to 50,115.67 as the U.S. stock market rebounded after losses.
  • Expectations of heavy AI spending by cloud giants drove chip rallies, with Amazon CEO Andy Jassy saying late Thursday it expects to spend about $200 billion this year.
  • Nvidia led chip gains, jumping 7.8%, with Advanced Micro Devices surging 8.3% and Broadcom climbing 7.1%, while the PHLX semiconductor index closed up 5.7% on Friday.
  • For the week, the Dow added 2.5% while the S&P 500 lost 0.1% and the Nasdaq slid 1.9%, reflecting investor diversification away from high-flying tech stocks.
  • Analysts highlight rising enterprise cloud demand, with Synergy Research Group reporting $419 billion spent in 2025 and a $29 billion quarterly increase, while Ross Mayfield said `This trade has been volatile, and there have been selloffs at times, but I think there's enough evidence that there's real demand for AI products, real promise with what they can do, and a necessity of a lot of spending to get there.
Insights by Ground AI

21 Articles

ReutersReuters
Reposted by
The Straits TimesThe Straits Times
Center

Dow closes above 50,000, Nvidia soars as traders focus on AI spending

·United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 69% of the sources are Center
69% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

ciodive.com broke the news in on Friday, February 6, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal