Trump Media’s stock rallied to a six-week high Tuesday — with bitcoin approaching another record high — as the parent of President Trump’s Truth Social social-media platform looks to ride the bitcoin wave.

In stocks, Nvidia more than 1% rose as investors await Alphabet GOOGL earnings at market close. Shares also rose following a Wall Street Journal report that Tesla TSLA Chief Executive Elon Musk's xAI startup is looking to raise up to $12 billion to buy Nvidia chips to train xAI's Grok chatbot.

Stock sales by top officials clustered before Trump's major tariff announcements, according to a USA TODAY analysis of transaction forms.

Stock futures are higher Wednesday as investors welcome news that the U.S. reached a trade agreement with Japan and prepare for the release of quarterly results from major technology companies.

In tandem with a presidential speech on Wednesday, the Trump administration is set to roll out its “AI Action Plan,” and new executive orders on AI are expected.

Trump Media rose in premarket trading on Tuesday after the company announced it had accumulated $2 billion in bitcoin and related assets.

Ed Mills, Raymond James Washington policy analyst, joins 'The Exchange' to discuss President Trump's AI policy blueprint and the impact of Trump's megabill.

GrabAGun, which says it's the Amazon of guns and counts Donald Trump Jr. as board member, saw its stock tank for a second day on Thursday.

Short squeezes have been a key piece of the stock market rally as short sellers have lost just shy of $355 billion since the market bottom on April 8, according to data from S3 Partners.