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AI stocks jumped in the wake of strong earnings reports this week. Intel's report confirmed suspicions that CPU demand is surging due to agentic AI, which lifted peers like AMD and Arm Holdings by double digits as well. Taiwan Semiconductor jumped 5% as the report signaled strong chip demand, and the iShares Semiconductor ETF, which holds top AI chip stocks like Nvidia, gained 5% as well. The market's response to the news shows that there's room for growth in AI stocks if the facts on the ground warrant it. This week will see the peak of tech earnings season with the Magnificent Seven companies like Alphabet (+1.87%), Microsoft (+0.04%), Amazon, Meta Platforms, which all report earnings on April 29, and Apple, which reports on April 30.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…