Two high-flying artificial intelligence (AI) stocks will take center stage in the upcoming week with respective 10-for-1 forward splits that follow in the footsteps of Nvidia and Broadcom.

Shares rolled higher in Asia on Thursday after U.S. stocks edged back from their records. Japan’s Nikkei 225 index gained more than 2% and U.S. futures and oil prices also advanced. The rally in Asia followed an announcement that the Chinese government plans to give cash handouts or discount vouchers to the poor ahead of next week's National Day holidays.

U.S. stock indexes are drifting around their records Friday as hopes hold that the economy can pull off the rare feat of getting painfully high inflation under control without a recession. The S&P 500 was 0.