Well, record closes for the S&P 500 and the NASDAQ with Invidia up more than the averages ahead of tomorrow's earnings results.

That is a scorecard on Wall Street, but winter stay late.

Welcome to Closing Bell overtime. I'm John Fort with Morgan Brennan.

Well, coming up, the AI story of the day, scale AI, raising $1 billion at a nearly $14 billion valuation,

almost double its previous valuation.

Big name backers including Amazon, AMD and Meta.

We're going to talk to Scales, billionaire CEO

Alexander Wang exclusively about the news.

And more earnings are rolling in this hour from Home Builder Toll Brothers, retailer Urban Outfiters, and Satellite Communication Company,

ViaSat.

We're going to bring you those results as we get them, but first first all three major averages

inching higher today as Wall Street awaits

invidious earnings tomorrow

let's bring in our market panel

vital knowledge founder Adam Chrisifouli and

Steve old chief equity strategist Barry banister guys founder Adam Chrisifouli and Steveolt, Chief Equity Strategist Barry Bannister.

Guys, welcome Adam. I guess a bare conversion happening in the markets now.

Are we running out of reasons for the major indices to head higher than this?

Is there a fewer maybe betting against it or is Microsoft's record high here on AI news a good sign.

No, it's definitely, you know, tech's doing a lot of the heavy lifting we've had, you know, for the last two weeks now,

several very positive, bullish AI product events that's helping keep enthusiasm for

that segment of the market very strong so you had open AI and Google last week you

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