Nasdaq notches fifth straight week of gains. Nvidia shares extend Thursday’s rally. Ford shares rise on news of electric-vehicle charging partnership with Tesla. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Commerce Department releases fresh data on April’s consumer spending and inflation numbers. Plus: Sweden’s NATO membership hinges on extraditing unknown people. And a prisoner swap between Belgium and Iran grants the release of an Iranian diplomat convicted of terrorism. Charlotte Gartenberg hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Businesses seek looser limits on federal cash for the chip industry, warning that the regulations would undermine America’s effort to revive the sector. The SEC’s largest-ever whistleblower award went to a tipster on Ericsson. Keith Collins hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chip maker Nvidia’s market cap approached $1 trillion as the company forecast sales well ahead of expectations. Mortgage rates hit their highest level since mid-March. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices

Plus: Supreme Court limits EPA's authority over wetlands. TikTok is testing its own AI chatbot called Tako. Ariana Aspuru hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices