Thursday's Final Takeaways: TXN Earnings, Jobless Claims & PMI

• Texas Instruments (TXN) earnings sparked a rally in chip stocks, with TXN surging nearly 20% and the SOX Semiconductor Index extending its winning streak.
• OpenAI unveiled GPT-5, its next-gen AI model, with Microsoft looking to integrate advanced features into its Copilot suite.
• Jobless claims ticked higher but maintained labor market stability, while Flash PMIs indicated the biggest jump in input cost inflation in four years.
• Friday's focus includes consumer sentiment data, Procter & Gamble (PG) earnings, and the market's reaction to Intel (INTC) earnings.

Thursday's market recap highlighted a significant rally in chip stocks, led by Texas Instruments' strong earnings and optimistic guidance, boosting the SOX Semiconductor Index. Economic data showed a slight uptick in jobless claims, indicating continued labor market stability, while Flash PMIs revealed rising input costs, raising inflation concerns. Looking ahead to Friday, key focuses include consumer sentiment and earnings from Procter & Gamble and Intel.