Bloomberg's Ed Ludlow, in for Emily Chang, breaks down why the Nasdaq is at its highest levels since April 15, and takes a look at next week's big retail earnings results. Plus, the Senate passes a $347 billion initiative to boost the transition to clean energy and cut emissions.

AI Spending Ripples Across Tech Stack; Nvidia Acquires Hugging Face
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Nvidia Nears $14B Hugging Face Deal
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Anthropic’s Compute Bet, Musk on AI, Apple’s New CEO
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