The S&P 500 and Nasdaq reached record highs, driven by AI-related stocks like Nvidia and Sandisk, alongside a resilient jobs report. Despite broad sector declines, strong first-quarter earnings, particularly from tech giants, fueled investor optimism. This surge occurred despite rising oil prices and Middle East tensions, highlighting the market’s focus on corporate performance and economic strength.
SpaceX’s biggest bull sees valuation soaring above $10 trillion
Raymond James analyst Brian Gesuale initiated coverage on SpaceX with a strong buy. He set an $800 price target, projecting significant future stock appreciation. Gesuale