The S&P 500 (SNPINDEX:^GSPC) rose 1.08% to 7,432.97, the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 1.54% to 26,270.36, and the Dow Jones Industrial Average (DJINDICES:^DJI) advanced 1.31% to 50,009.34 as falling oil and easing yields buoyed markets.
AI hardware leaders lead the gainers,
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The issue is the timing. SpaceX’s IPO might draw more attention due to its freshness, rarity and accessibility. Tesla is already public, owned and debated. This can make SpaceX more exciting in the near term. However, the public investors have more direct exposure, more daily liquidity and a clearer trading market at Tesla.
» Read more about: Tesla Stock Faces Rotation Risk as SpaceX IPO Hype Builds »
As one of the foremost providers of the graphics processing units (GPUs) powering artificial intelligence (AI), Nvidia (NVDA +1.22%) has become a bellwether for the state of AI. As such, Wall Street and Main Street alike were pulling up their chairs, popcorn at the ready,
» Read more about: Nvidia Stock Investors Just Got Fantastic News From CEO Jensen Huang »
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.
Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.
» Read more about: Tesla Inc. (TSLA): Graham Stephan Used to Like This Stock »
The nuclear energy market cooled for roughly a decade after the Fukushima disaster in 2011, prompting many countries to pause their nuclear projects. But over the past few years, new decarbonization initiatives, safer nuclear reactors, and the expansion of the AI, cloud, and data center markets have driven more companies to restart their nuclear energy projects.
» Read more about: The Top 2 Nuclear Energy Stocks to Buy Right Now »
Nvidia’s earnings presentation showed something interesting. The company broke Data Center revenue into two categories for the first time: traditional hyperscalers and a separate group called AI Clouds,
» Read more about: Live: Nvidia’s Q1 Earnings Tonight Could Send Shockwaves Across the Market »
Space-themed ETFs such as Global X Space Tech, Roundhill Space & Technology,
» Read more about: Investors Aren't Waiting for a SpaceX IPO. New Space ETFs Are Taking Off »
Two months after Vanguard launched its BondBuilder suite of target maturity bond ETFs, the 10-fund lineup has gathered about $242 million in combined assets, a solid start in a corner of the bond ETF market where incumbents have a significant head start.
The flows reflect a growing appetite for funds that behave more like individual bonds than traditional bond ETFs,
» Read more about: Target Maturity Bond ETFs Reach $70B as Vanguard Joins In »
The Dow 30 has rallied a bit during the early part of the trading session on Wednesday as well, as it continues to bounce around between the 49,000 level on the bottom and the 50,000 level on the top. All things being equal, I think this is a market that will continue to see a lot of buying on the dips,