Broadcom's $63B Deal Fuels AI Rally That Lifts S&P 500 Near Record

Broadcom's $63 billion financing push sent the chip giant up 4.2%, lifting the S&P 500 to 1.2% below record high. Nvidia rose 0.8% and CoreWeave leapt 8.5%, while GM jumped 5.6% after switching from the NYSE to Nasdaq. JetBlue shares jumped 20.3% despite a larger-than-expected summer loss, and Royal Caribbean rose 5.5% on a stronger profit. Downside came from Boeing, which fell 10.2% after a bigger loss, and Hilton, which slipped 2.6% on weaker summer revenue. Treasury yields stayed flat, with the 10-year at 4.99% from 5.00%, while oil prices dipped 1.2% to $109.41 a barrel. The day proves AI stocks can still drive the market, keeping the tech theme a magnet for investors.