Key Takeaways Shares of Chinese autonomous driving company WeRide and AI infrastructure company Nebius popped Friday after Nvidia disclosed stakes in the companies. A filing showed Nvidia dumped its holdings of SoundHound AI,

Artificial intelligence (AI) is transforming how businesses, governments, and society operates. Palantir stock soared more than 350% in the last year. Nvidia has another fast-growing segment beyond data centers.

Artificial intelligence (AI) propelled NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR to the top spots on Wall Street. NVIDIA led the Dow Jones Industrial Average last year, while Palantir topped the S&P 500.

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A benchmark for Chinese technology stocks rose for a fifth straight week, hitting a three-year high, as companies in the sector continued to be buoyed by DeepSeek and relief over delayed U.S. tariffs.

Asian stocks were mostly up Friday on the back of a near-record rally on U.S. stocks, as investors paid little attention to U.S. President Donald Trump’s latest tariff threats. Hong Kong’s Hang Seng index surged 3.