The AI-infused stock market rally has prompted a common bear counterpoint over the past few months. Stock valuations, including for the benchmark S&P 500 (^GSPC), are simply too rich. In a note on Sunday, Julian Emanuel, who leads Evercore ISI’s equity, derivatives, and quantitative strategy, admitted that with the S&P 500 trading above 20 times […]
Tag: notches
Fani Willis notches legal win in Trump case after months of setbacks
Fulton County District Attorney Fani Willis caught a break this week after a Georgia judge decided that a court order pausing litigation in the electioneering case against former President Trump would not prevent him from letting some parts of the case move forward. Fulton County Superior Court Judge Scott McAfee on Tuesday said he plans […]
Palantir Stock Spies Early Breakout As Nvidia Notches New Highs
Last month, none of the Magnficent Seven stocks — including Nvidia (NVDA), Microsoft (MSFT) and Alphabet (GOOGL) — made the list of new buys by the best mutual funds. But fellow artificial intelligence leader Palantir Technologies (PLTR) did. Now as Nvidia stock pops to yet another record high, Palantir stock is targeting a breakout past […]
Dell Stock Notches Record High On AI Momentum
Dell Technologies (DELL) has strong momentum thanks to demand for AI servers, high-end storage gear and personal computers, a Wall Street analyst said Wednesday. Dell stock is in record-high territory. X “We see a positive setup for Dell heading into calendar 2025,” BofA Securities analyst Wamsi Mohan said in a client note. The company has […]
Biden notches another union endorsement as building trades back reelection
WASHINGTON (Reuters) – President Joe Biden secured the backing of another union on Wednesday as the organization representing American construction workers lined up behind the Democratic incumbent and called Donald Trump a dangerous threat to the nation. The head of the North America’s Building Trade Union, which will host Biden at its legislative conference in […]
GOP contest shifts to critical South Carolina primary after Trump notches another dominant win
HARRISBURG, Pa. (AP) — The Republican presidential contest is shifting to a critical two-week phase ahead of the South Carolina primary, which may prove to be the last chance for Nikki Haley to blunt Donald Trump’s march to the nomination. Enjoying a difficult day for President Joe Biden and fresh off another dominant win in […]