NYTIMES (Jeff Sommer) - What if the A.I. Stock Market Rally Is Just Getting Started?
Edward Yardeni, an upbeat strategist with an excellent track record in assessing the stock market, explains why he thinks the good times will continue for years.
NEWSNATIONNOW (STAN CHOE, Associated Press) - Falling oil prices help calm the stock and bond markets
NEW YORK (AP) — Oil prices are falling again on Tuesday, which is helping to ease worries in the bond market and support stock prices. The S&P 500 rose 0.3% and edged a bit closer to its all-time high set earlier this month. The Dow Jones Industrial Average was up 80 points, or 0.2%, as [...]
NYTIMES (Jason Karaian) - Stocks and Bonds Steady at the End of a Tumultuous Week
Fears about the war in Iran, government deficits, the economy and corporate borrowing stirred global markets.
NYTIMES (Jeff Sommer) - The Markets Have Been on a Roll. Is It Time to Hedge Your Bets?
The S&P 500 is in position for a rare fourth year of consecutive annual gains. Risks are rising, our columnist says, yet Wall Street is doubling down.
JUSTTHENEWS (Misty Severi) - Dow Jones soars over 900 points to close at new record after strong AI showings, possible Iran deal
The Dow Jones soared over 900 points, which is 1.71%, to close at 54,085. The S&P 500 gained 1.79%, hitting a fresh high for the first time since June and closing at 7,736.52, and the Nasdaq Composite ended with a 2.5% gain to close at 26,584.99.
NYTIMES (Joe Rennison and Aruni Soni) - Stocks Hit a Record as Worries About Middle East and A.I. Ease
The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
NYTIMES (Joe Rennison) - Stocks Notch Strongest Quarter Since 2020
The S&P 500 rose almost 15 percent for the three months through June, and many stock analysts remain optimistic that corporate earnings driven by artificial intelligence will keep growing.
AXIOS (Emily Peck) - Investors may be hitting pause on the AI run-up
Data: Financial Modeling Prep ; Chart: Emily Peck/Axios Investors seem to be hitting pause on the AI run-up. Chip stocks in particular are slumping from their record highs. Why it matters: We're in a bit of a reality-check moment in the AI buildout — both for the businesses blowing their budgets on compute and for the investors bidding up stock prices for any company engaged in the new technology. The big picture: AI is moving faster than ever before, and the cost of some compute , or the price to rent the processing power needed to run models, is going down. - But prices to run the flagship frontier models from OpenAI and Anthropic are far more costly. - At the same time, demand for AI technology is still growing. State of play:…
HUFFPOST - Stocks Leap Worldwide, And Oil Prices Drop After U.S. And Iran Reach Tentative Deal On War
Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again.
AXIOS (Madison Mills) - SpaceX pops 11% at open after biggest U.S. IPO in history
SpaceX shares rose 11% in initial trades Friday, placing the company in the top 10 largest companies in the U.S. Why it matters: The $150 price indicates a $1.97 trillion market cap, putting it immediately among the top 10 largest U.S. companies. Driving the news: SpaceX shares priced late Thursday afternoon at $135. - If SpaceX were included in the S&P 500 today, it would be over 5% of the overall index based on its current valuation. What they're saying: "I gave SpaceX less than a 10% chance of succeeding at all to be clear," Elon Musk said in remarks ahead of the company's debut, adding that it was worth the try to create a "space-faring civilization." Friction point: SpaceX went into its IPO trading at 90 times its sales (not…