CNBC Daily Open: Hot inflation data but could have been worse

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe  here .

Nasdaq hits new high
Wall Street ended Thursday on a high note as the tech-heavy Nasdaq Composite hit its first closing record since November 2021, rising 0.9%. The S&P 500 also jumped to a record close, up 0.52%. The Dow Jones Industrial Average inched higher by 0.12%. Bitcoin also topped $62,000 to close out its best month since December 2020.

Microsoft's AI chatbot for finance
Microsoft is rolling out a Copilot artificial intelligence chatbot for people working in finance. The tech giant said the new offering can perform a handful of common role-specific actions in Excel and Outlook. After testing the tool, Microsoft said its own finance department has seen time savings.

Market unlikely to burst
Bob Parker, senior advisor at trade body International Capital Markets Association, told CNBC there are signs of a bubble in company valuations and investor concentration in the technology sector. But he isn't too worried that the market is on the brink of a bursting given a key difference with previous bubbles.

Dell soars on earnings beat
Dell shares spiked 15% after the company posted fourth-quarter results that topped estimates and showed robust demand for its artificial intelligence servers. Chief Financial Officer Yvonne McGill said the company is increasing its annual dividend by 20% to $1.78 per share, which she called a "testament to our confidence in the business."

[PRO] Europe's 'Super 7'
Citi picked "Super 7"European stocks that it said are similar to the "Magnificent 7" U.S. technology stocks