**U. S. Stocks and AI Sector Highlights** U. S. stocks mostly climbed on Monday, marking consecutive gains for the S&P 500 and Nasdaq Composite. Nvidia reached a record high, while the European Stoxx 600 rose by 0. 95%. Semiconductor companies, including Nvidia, were bolstered by positive AI-related news, notably Foxconn's record fourth-quarter revenue driven by AI and networking products. **EV Charging Network Partnership** Volkswagen and Xpeng saw their stocks rise after announcing plans to share and co-brand their super-fast charging networks.

This partnership highlights ongoing collaborations in the EV industry. **Canadian Political Update** Canadian Prime Minister Justin Trudeau announced he would resign as leader of the Liberal Party but remain PM until a new leader is chosen before the elections. The Canadian Parliament will pause until March 24 for a confidence vote. **Market Strategy** With the 10-year Treasury yield rising, Morgan Stanley's Michael Wilson advises focusing on quality stocks. Semiconductor stocks received a boost from continued AI investments and announcements, such as Microsoft's $80 billion data center plan for AI workload expansion. **Stock Market Movement** Nvidia's stock surged 3. 4% to a record $149. 43, driven by anticipation of CEO Jensen Huang's address at the 2025 Consumer Electronics Show. The VanEck Semiconductor ETF also rose over 3%, aiding market averages. The Nasdaq Composite gained 1. 24%, the S&P 500 increased 0. 55%, while the Dow Jones dipped slightly by 0. 06%. Despite ongoing optimism, experts like Sam Stovall from CFRA Research warn of potential challenges for the AI sector, emphasizing the need for companies to convert AI advancements into revenue rather than merely boosting stock prices.