Finance

Despite the minor losses sustained during Friday's trading session, Wall Street wrapped up the week with overall gains. Supported by strong corporate earnings earlier in the week, the Nasdaq Composite, S&P 500, and Dow Jones Industrial Average finished higher for the week, with the S&P 500 and Nasdaq climbing for the fourth time in five weeks.

While Nvidia posted a late-week surge following a robust revenue forecast, the broader semiconductor sector failed to maintain the same upward momentum. Major drag came from Marvell Technology, which tumbled after investors questioned the timing of its artificial intelligence chip revenue from Google.

Bitcoin recently reclaimed the $80,000 threshold before pulling back to around $79,500 amid multiple macroeconomic developments. The cryptocurrency weathered a massive $6.4 billion options expiration on the Deribit exchange during a high-stakes week for digital assets.