Market Highlights: Nvidia, Trump Media, Warren Buffett, and More

Billionaire investor Stanley Druckenmiller, who co-broke the Bank of England with Soros, runs Duquesne Family Office. He reduced tech holdings but added positions in Philip Morris, MercadoLibre, and real estate. Druckenmiller told author Jack Schwager that Soros taught him to go for the jugular on high-conviction trades. MercadoLibre's CEO Marcos Galperin said the company has democratized commerce in Latin America. TheStreet's Stephen Guilfoyle praised Druckenmiller as one of the greatest inve..

Stocks rise on economic data; Alibaba, JD.com surge; Applied Materials beats, sees AI demand; Amcor warns of weak demand; Nvidia, Tesla, Apple, Alphabet up; Meta down; Ulta Beauty rallies on Berkshire stake; consumer sentiment, inflation data improve; Alibaba cloud, JD.com logistics drive growth; Russell 2000 up.

Berkshire Hathaway halved its stake in Apple; Nvidia recovers after a major decline; Concerns about the high cost of higher education and the debt it entails; Scammers use fake parking fines to empty bank accounts; Former Google chief recanted comments about remote work; Trump fans in Silicon Valley want him to be the "CEO of the USA"; New federal funds for tumor elimination technology research; Truth Social shares near lows; JetBlue prepares to take on $2.75 billion in new debt; China surpasses..

The S&P 500 had its best weekly gain since October, led by the IT sector. Mars acquired snack maker Kellanova for $35.9B. Starbucks replaced its CEO with Chipotle's Brian Niccol. Walmart raised its outlook, while the FTC plans to combat fake reviews on e-commerce platforms. Jobless claims fell and retail sales bounced back, signaling a potential soft landing. The National Association of Realtors dropped standard commissions, which could help re-energize the housing market as mortgage rates begin..