U.S. Stocks Hit Record Highs Amid Mixed Corporate Earnings

U.S. stock markets showed mixed activity with notable volatility in both premarket and regular sessions. Several stocks experienced significant price swings, including Ambarella and Petco rising sharply in premarket trading, while Marvell Technology shares dropped following a weaker-than-expected forecast for its data center business amid AI sector uncertainty. Affirm Holdings saw gains after reporting strong quarterly earnings that surpassed analyst expectations, reflecting improved merchant reach and credit performance. Offerpad shares surged dramatically before falling in after-hours trading, reflecting heightened volatility linked to real estate technology sector optimism and interest rate speculation. Other stocks such as Jindal Poly Films and Apollo Micro Systems also saw strong rallies, while companies like Orient Cement and Sun TV hit 52-week lows amid ongoing declines. Investors remain focused on upcoming inflation data and Federal Reserve interest rate decisions, which are influencing market sentiment and sector-specific movements.