Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Thursday and what’s on the radar for Friday’s session. Another day, another record The Dow , S & P 500 and Nasdaq hit fresh all-time highs as the U.S. government shutdown entered its second day. Nvidia posted its sixth straight positive gain, the longest winning streak since late June. Despite closing lower Thursday, the Health Care Select Sector SPDR (XLV) is still on track for its best week since June 2022. During his “Squawk Box” interview, Treasury Secretary Bessent said economic growth could be hurt by the government shutdown. Don’t miss CNBC’s interview with Chicago Fed President Austan Goolsbee on Friday at 8:30 a.m. ET. Crude concerns The Energy Select Sector SPDR Fund (XLE) is on track for its worst week since late June, erasing last week’s gains. The sell off comes as oil prices hit a 4-month low due to concerns about oversupply in the market. Occidental Petroleum is among the biggest laggards after Berkshire Hathaway struck a $9.7 billion deal to acquire its petrochemical unit . Occidental shares fell more than 7% on Thursday. OXY 3M mountain Occidental Petroleum shares over the past three months COIN flips to the upside Coinbase shares rose more than 7% to notch the best day since late June. It also posted its fifth straight positive day, the longest winning streak since November 2024. Shares are up 21% over the course of the streak. Coinbase’s move comes as bitcoin tops $120,000 for the first time since August. Pain for private equity KKR , Apollo Global , Blackstone , TPG and Blue Owl Capital have each slid more than 10% over the past two weeks. Only Carlyle shares remain positive for the year. Concerns over rising default rates are among the factors driving investors to pull back from alternative asset managers. CG YTD mountain Carlyle Group shares year to date Hailing a buyer? On “Power Lunch” Thursday, Wedbush’s Dan Ives said Lyft could be acquired within the “next 6 to 9 months.” Ives said ridesharing companies may lose share to autonomous vehicles, making them attractive M & A targets for Big Tech. Lyft shares have climbed 90% since April, outpacing Uber ‘s 33% gain. Ives also named several other possible targets as the AI-related M & A ‘floodgates’ open. Quantum leaps Rigetti Computing logged its best day since mid-July as quantum computing stocks rallied. The move followed news that the owners of Novo Nordisk and the Danish government are backing what’s set to become the world’s largest quantum venture fund — part of Europe’s push to strengthen its tech leadership.
