"Market Rally Gains Momentum Despite Mixed Stocks and Rising Unemployment: Weekly Review"

The stock market rally gained momentum as Treasury yields slid, with major indexes reclaiming their 50-day lines. Salesforce, MongoDB, and CrowdStrike reported strong software earnings. Amazon and Shopify rebounded after announcing a deeper partnership. Tesla launched an upgraded Model 3 and slashed prices on higher-end vehicles. China's EV sales remained strong, with Li Auto, Nio, XPeng, and BYD reporting solid deliveries. Dell Technologies exceeded expectations and cited artificial intelligence as a long-term tailwind. Chipmakers Broadcom and Ambarella disappointed with their guidance. Ollie's Bargain Outlet surged after beating expectations, while Dollar General and Five Below tumbled. Bitcoin and related stocks jumped after a federal appeals court ruled on Grayscale Investments' bid for a bitcoin ETF.