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S&P 500 Hits Record High as Nvidia Earnings Fuel AI Rally; Inflation Data Awaited

S&P 500 Hits Record High as Nvidia Earnings Fuel AI Rally; Inflation Data Awaited

S&P 500 Hits Record High as Nvidia Earnings Fuel AI Rally; Inflation Data Awaited The S&P 500 surged to an unprecedented all-time high on Thursday, driven by robust market reaction to Nvidia’s latest earnings report. The broad market index, after briefly touching new intraday peaks, closed with minor changes, while the Nasdaq Composite rose 0.2% and the Dow Jones Industrial Average hovered just below the flatline. Nvidia, a significant component of the S&P 500, announced second-quarter results that surpassed Wall…

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AI Stock Alarm: Citron Doubles Down on Palantir (PLTR) Overvaluation Concerns

AI Stock Alarm: Citron Doubles Down on Palantir (PLTR) Overvaluation Concerns

AI Stock Alarm: Citron Doubles Down on Palantir (PLTR) Overvaluation Concerns Palantir Technologies Inc. (NASDAQ:PLTR) stock remains under intense scrutiny after Citron issued a renewed warning this week regarding the AI firm’s elevated valuation. The influential research firm, which first raised concerns earlier, reiterated its view that Palantir’s shares are still overpriced, even suggesting a $40 per share valuation would be considered generous. This latest caution comes as the broader artificial intelligence market faces questions of sustainability, amplified by recent…

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