5 crucial points to consider prior to the stock market's commencement on Friday.

• Nvidia propelled another rally, causing the S&P 500 to break a record and the Dow to surpass 39,000 for the first time.
• Since 1972, the first U.S. spacecraft has been put on the lunar surface by Intuitive Machines, making it the first company to land on the moon.
• In March, Reddit is planning to go public after a prolonged period of anticipation.

The most crucial news items for investors to begin their trading day are:

1. Rocketing to records

The chipmaker's stock market continued to climb on Thursday, with a 16% spike in its share price after another strong earnings report. The AI-fueled optimism around Nvidia boosted chip stocks, the tech sector, and the broader market. The S&P 500 and the Nasdaq Composite both notched new highs on Thursday, with the Nasdaq ending the day just below its record close. The S&P 500 closed above 39,000 for the first time. Follow live market updates here.

2. To the moon

On Thursday, Intuitive Machines made history by becoming the first company to land on the moon with its IM-1 mission. The cargo lander "Odysseus" marked the first U.S. spacecraft to go to the lunar surface since 1972. However, the craft faced some delays, both expected and unexpected, on its way back. After establishing contact with the lander, Intuitive Machines CEO Steve Altemus said, "Welcome to the moon." The success of this mission is significant for NASA, which will rely more on private companies to carry out missions in the future. Intuitive Machines' shares spiked by as much as 50% in premarket trading after the mission's success.

3. Reddy or not

Reddit is set to make its New York Stock Exchange debut in March after filing its IPO prospectus to the Securities and Exchange Commission. The social media platform submitted a draft registration to go public more than two years ago, and it is expected to trade under the ticker "RDDT." Reddit is the first social media company to go public since 2019, and it will list at a time when investor demand for IPOs has been tepid. The company posted $804 million in sales last year, driven by ads, a 20% increase from 2022. However, Reddit posted a net loss of $90.8 million for 2023, narrower than the $158.6 million loss in the prior year.

4. Cellular crisis

On Thursday, thousands of users experienced a widespread outage that affected cellular service. The consequences varied from disrupted calls and texts for customers to interruptions in city emergency services. Some users also reported issues, but these problems were likely due to trying to contact AT&T customers. According to AT&T, an initial investigation revealed that the outage was caused by an incorrect process used during network expansion, not a cyber attack.

5. Surprise profits

Two stocks are experiencing significant growth in premarket trading on Friday morning after companies reported surprise quarterly profits. Specifically, shares of increased by approximately 15% due to strong revenue growth in its Square and Cash App businesses. Additionally, shares surged more than 30% following the company's first-ever profit. These results continue to exceed expectations during the broadly positive earnings season. As of Thursday, 87% of S&P 500 companies had reported their fourth-quarter results, with earnings coming in 6.9% higher than expected, according to LSEG, formerly known as Refinitiv.

The report was contributed to by CNBC's Brian Evans, Michael Sheetz, Jonathan Vanian, Ryan Anastasio, MacKenzie Sigalos, and Robert Hum.

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