Stock market today: Dow, S&P 500, Nasdaq jump as Wall Street eyes 4th straight win before Thanksgiving
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq jump as Wall Street eyes 4th straight win before Thanksgiving US stocks moved higher on Wednesday, looking to add to a run of wins on the last day of trading before Thanksgiving as Wall Street stays upbeat on an interest-rate cut next month…
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Nvidia is putting money into money-losing companies in order for those companies to order their chips
80% confidenceJPMorgan sees S&P 500 reaching 7,500 by end of 2026, potentially surpassing 8,000 if Fed continues cutting rates
80% confidenceBoth corporates and governments across the world are racing to invest in AI in search of productivity gains and out of fear of becoming obsolete
80% confidenceCurrent market conditions set up for punishing oversupply in Q4 2025/Q1 2026, which may necessitate a pronounced step lower in oil prices and OPEC policy pivot
80% confidenceHSBC sees S&P 500 hitting 7,500 by end of 2026
80% confidenceThis disruption is unfolding within an already unhealthy K-shaped economy, with AI expected to amplify this polarization even further. The AI 'Wall of Worry' is likely to persist for years to come
80% confidenceJPMorgan sees Brent crude falling to $58 per barrel in 2026, with WTI to trade $4 lower
80% confidenceNvidia's GPUs are clearly not going anywhere, and potential Google-Meta deal is sign of high AI computing demand but not necessarily big competitive threat
80% confidenceWhile demand is robust, supply is simply too abundant
80% confidenceThe magnitude suggested by market imbalances is unlikely to fully materialize in practice. Adjustments are expected on both the supply and demand sides
80% confidenceGoldman Sachs sees Brent and WTI trading at $56 and $52 respectively in 2026
80% confidenceDespite AI bubble and valuation concerns, current elevated multiples correctly anticipating above-trend earnings growth, an AI capex boom, rising shareholder payouts, and easier fiscal policy
80% confidenceRobinhood is seeing strong customer demand for prediction markets, and we're excited to build on that momentum
80% confidenceThe earnings benefit tied to deregulation and broadening AI-related productivity gains remain underappreciated
80% confidenceNvidia is a generation ahead of rivals in AI chips
80% confidenceNvidia is not engaged in vendor financing or circular financing schemes
80% confidence