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And Wall Street’s “fear gauge,” the VIX, exploded to rare heights… On April 8, the VIX closed above 50. We’ve only seen this level or higher in 2008, 2009, and 2020.
Two companies have recently seen their stock prices head higher on optimism about the future growth in AI spending. Palantir ...
Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter ...
The Nasdaq rides a 5-day winning streak and is +17.2% in Q2 — its best performance since Q2 2020 — while the S&P 500 is up 4 of 5 sessions. The Dow remains -2.7% from fresh all-time highs.