Wall Street on Thursday was off to the races after President Donald Trump exhorted traders to "go out and buy stock now" following the announcement of a trade deal between the U.S. and the United Kingdom - the first of its kind since Trump's imposition of sweeping reciprocal tariffs in April.

U.S. stocks rallied on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S. President Donald Trump signaled upcoming talks with China would be more substantial than initially thought.

Wall Street analysts are bullish on Broadcom and ServiceNow due to their potential in the AI market. Broadcom is benefiting enormously from increasing investment in AI infrastructure. ServiceNow is seeing high demand for its business automation software.