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Buckle up! Wells Fargo & Co: The U.S. stock market and the economy are disconnected and are about to correct after this year's "surge."
① Wells Fargo & Co warns that the optimistic rebound of the US stock market after the election may lead to a short-term "hangover," and the S&P 500 Index could fall by 7%. ② The report points out that the disconnection between the US stock market and the economy is worsening, with economic data being tepid, yet stock indices are rebounding and rising.
Palantir Touted As 'Next Oracle' By Dan Ives: Here Is Why The Wedbush Analyst Called The Company A 'Table Pounder'
Rigetti Computing, Gamestop, Palladyne AI, Phunware, And Tesla: Why These 5 Stocks Are On Investors' Radars Today
The biggest winners in the US stock market technology sector this year are led by AppLovin, with MSTR, Palantir, and Robinhood all surpassing NVIDIA.
AppLovin successfully transformed into an AI advertising engine, ranking first among technology stocks with an astonishing increase of 758%. Additionally, MicroStrategy's bets on Bitcoin, Palantir's AI-enhanced data analysis, and Robinhood's booming cryptocurrency trading business achieved increases of 467%, 380%, and 210%, respectively, surpassing NVIDIA.
ChatGPT experienced its second outage this month, and OpenAI stated that the issue originated from the "upstream supplier."
OpenAI stated that a large-scale outage began at 11 a.m. Eastern Time on the 26th. Microsoft, the exclusive Cloud Computing Service provider for OpenAI, reported on the same day that one of its Datacenters encountered "power issues," primarily affecting users in North America.
VOO ETF Closes Flat
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