Friday's Final Takeaways: A Market Split Between AI Doubts and Crypto Euphoria
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Marley Kayden reviews the market's performance, noting a surge in semiconductor and memory stocks like Applied Materials (AMAT), Lam Research (LRCX), and Western Digital (WDC) despite a tech sell-off triggered by Anthropic CEO Dario Amodei's call for an AI slowdown. Cybersecurity stocks also show weekly gains. She then shifts to crypto, with Bitcoin topping $80,000 and propelling Coinbase (COIN) to a 16% gain. She also highlights JP Morgan's audacious Bitcoin valuation versus more conservative targets. Finally, she previews upcoming earnings from AutoZone (AZO) and Costco (COST), key economic data, and the U.S.-China summit. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/schwab-Network/dp/B08JJRQG9T/ Watch on Sling - https://watc
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