Friday's Final Takeaways: A Market Split Between AI Doubts and Crypto Euphoria

Original author：Schwab Network

Original source：https://www.youtube.com/embed/yKeeNIihsV4

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://watch.sling.com/1/channel/bb1b75050268416e82a557ff6387bff3/browse Watch on Vizio - https://www.vizio.com/en/watchfreeplus/catalog/live-tv-channels/3123029569/schwab-network Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - About | Schwab Network #appliedmaterials #amat #ai #crypto #lamresearch #lrcx #westerndigital #wdc #coinbase #coin #autozone #azo #costco #cost #economy #stockmarket #stocks #finance #investing