Trending stories in another bullish week for Wall Street

The stock market had another bull run this week, with the S&P 500 (SP500) closing in green for the sixth consecutive week.

Wall Street’s advance was driven by strong earnings, a positive retail sales report and increased hopes that the Federal Reserve would be able to deliver a soft landing.

The tech sector, however, saw a mixed performance this week, with the tech-heavy Nasdaq Composite index moving 0.28% down at the end of the five-day trading period as chip stocks posted their latest quarterly reports.

As the earnings season continues, these stocks were trending during the week:

UnitedHealth (UNH) slipped 4.8% after the health insurer trimmed the higher end of its profit forecast for the full year.

Wolfspeed (WOLF) surged 41.5% as the company was awarded $750M in US government grants as well as $750m in financing led by Apollo Global Management Inc. to support its factory expansion plans and fuel significant growth.

Lucid (LCID) shares fell 22% after the EV startup priced its securities offering, planning to sell 262.4M shares. It also plans to sell 374.7M shares in a private placement to majority stockholder Ayar Third Investment Company, an affiliate of Saudi Arabia’s Investment Fund. In total, the firm aims to raise gross proceeds of about $1.67B.

Shares in cryptocurrency-linked companies rallied on Friday as bitcoin (BTC-USD) continued to rise, helped by strong inflows into spot bitcoin exchange-trade funds. CleanSpark (CLSK) +28.34%, Riot Platforms (RIOT) 13.73%, Coinbase Global (COIN) +21.53%, MARA Holdings (MARA) +12.92%, Bitfarms (BITF) +6.74%. Only decliner MicroStrategy (MSTR) 3.92%.

ASML Holding (ASML) shares fell over 15% for the week after the chip-equipment maker accidentally released its financial report and outlook a day earlier than intended. The company reduced its 2025 guidance and reported weaker-than-expected quarterly bookings.

Taiwan Semiconductor (TSM) stock rose after the global foundry reported third-quarter results and guidance that topped estimates, amid surging demand for artificial intelligence chips. The report also assuaged sentiments on AI demand, after ASML’s (ASML) results sent shockwaves through the market.

CVS (CVS) fell over 9% after the pharmacy chain operator issued a Q3 profit warning and announced it was replacing CEO Karen Lynch with David Joyner, president of its Caremark pharmacy benefit management, or PBM, business.

Netflix (NFLX) shares surged to a record after the streaming giant put up another strong quarterly show. Q3 operating margin rose to 30% from a year-ago 22%, leading the company to raise its full-year expectations to 27% from 26%. Netflix (NFLX) also added 5.07M global paid net members (a 14.4% growth rate) to land at 282.72M global paid memberships.

Trump Media & Technology (DJT) rose 17% for the week, reaching its highest point in over two months. The stock has advanced around 152% from their September 24 low, driven in part by increasing odds favoring former President Donald Trump in the upcoming November 5 presidential election.

Boeing (BA) announced steps to raise at least $10B by selling new stock as part of an effort to strengthen its financial position amid a prolonged factory strike.