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Market Surge: High-Flying Stocks Propel Portfolio Potential

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The Dow Jones index experienced an upswing on Monday, gaining approximately 100 points, setting a positive tone for the trading day.

Shares of tech behemoth Alphabet Inc. GOOGL (NASDAQ GOOG) soared as rumors swirled about a potential collaboration between Apple Inc AAPL and Google, hinting at a future integration of Google Gemini into iPhones.

Bloomberg reported active negotiations between Apple and Google, fueling the bullish sentiment around Alphabet, with its shares climbing a remarkable 6.3% to close at $150.09 on Monday.

Other notable stocks also witnessed substantial gains in today’s session.

Brand Engagement Network, Inc. BNAI experienced a meteoric rise, with shares surging 33.7% to $14.14 after a sizeable jump of 40% on Friday.

Nuvei Corp NVEI climbed 25.8% to $27.24 following the announcement of the company’s contemplation to go private amid offers.

NuScale Power Corporation SMR gained an impressive 21% to reach $9.50, as Canaccord Genuity analyst George Gianarikas continued to advocate for the stock, raising the price target significantly.

EHang Holdings Limited EH witnessed an uptick of 17%, closing at $17.90 after reportedly launching its EH216-S flying taxi on Taobao, sparking investor interest.

Qurate Retail, Inc. QRTEB surged 15.9% to $5.47 on positive market momentum.

Latham Group, Inc. SWIM saw a significant increase of 15.7% to $3.32 after receiving an upgrade from Stifel, along with an enhanced price target.

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