Stock market today: Nasdaq, S&P 500 soar as Nvidia, Tesla, Google lead Big Tech rebound
View original at finance.yahoo.comStock market today: Nasdaq, S&P 500 soar as Nvidia, Tesla, Google lead Big Tech rebound US stocks surged on Monday, heading toward a rebound to start the shortened Thanksgiving trading week as US policymakers buoyed hopes for an interest-rate cut in December…
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Tesla's AI4 chip is currently in vehicles and next generation AI chips are being prepared
80% confidenceAfter a period of pressure from regulatory overhangs, increasing competition in search and advertising, and lack of clarity on its long-term AI positioning, GOOGL shares have begun to recover - and we see more room for multiple expansion as the company demonstrates its AI prowess
80% confidenceFederal Reserve easing likely next month
80% confidenceSome investors increasingly believe the conflict will be resolved in the coming months after actions taken by the Trump administration to appease Russia
80% confidenceBoth AI and dot-com bubbles are manic investment booms
80% confidenceFederal Reserve should cut interest rates in December
80% confidenceEven if the Fed cuts in December, it is likely to be a hawkish cut, meaning this rally should be viewed as a short-term, oversold reaction amid extreme fear rather than the start of a sustainable V-shaped recovery
80% confidenceAI bubble is like the dot-com bubble with catastrophically overbuilt supply of AI infrastructure but nowhere near enough demand
80% confidenceUS stocks likely nearing end of pullback
80% confidenceTesla is a 'must own' stock due to FSD technology
80% confidenceWhile we were disappointed in the current state that prevents us from shipping more competitive data center compute products to China, we are committed to continued engagement with the US and China governments, and will continue to advocate for America's ability to compete around the world
80% confidenceBullish views for equities heading into 2026
80% confidenceThe conflict, and the US attitude change towards NATO, has led to a permanent shift in Europe's approach to defense spending which will not reverse even if the conflict ends
80% confidence
Data points we hold from this source
| Novo Nordisk A/S · stock change percent | -10 percent |
| Dow Jones Industrial Average · index change percent | 0.48 percent |