Stocks Rally as AI-Fueled Worries Ease
View original at nasdaq.comStocks Rally as AI-Fueled Worries Ease The S&P 500 Index ($SPX) (SPY) today is up +0.50%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.75%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.90%…
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Remains optimistic about more rate cuts in 2026 contingent on inflation progress to 2%
80% confidenceConsidering limited military strike on Iran to ramp up pressure on nuclear deal
80% confidenceQ2 adjusted EPS forecast of $2.27 to $2.33
80% confidenceUS Feb consumer confidence index rose by 2.2 to 91.2
80% confidence10 to 15 days is pretty much the maximum he would allow for Iran negotiations
80% confidenceUpgraded Qualcomm to buy from hold with price target of $185
80% confidenceFull-year revenue forecast of $5.8 to $6.0 billion
80% confidenceS&P earnings growth expected to climb by 8.4% in Q4, marking tenth consecutive quarter of year-over-year growth
80% confidenceWill deploy data center gear based on AMD processors worth double-digit billion dollars per gigawatt
80% confidence2026 adjusted EBITDA forecast of $607 million
80% confidenceQ4 earnings expected to increase by 4.6% excluding Magnificent Seven megacap tech stocks
80% confidenceUpgraded Genuine Parts to strong buy from market perform with price target of $145
80% confidenceReached one million professional users of CoCounsel AI tool
80% confidenceThreatened to raise global tariff rate to 15%
80% confidenceDowngraded Cable One to underperform from neutral with price target of $80
80% confidenceFull-year revenue forecast of $3.75 billion
80% confidenceGood chance of diplomatic solution to Iran nuclear standoff
80% confidence