The AI Trade Hits Overdrive, Powering Stocks to Historic Gains
https://www.wsj.com/finance/stocks/ai-stocks-trade-e7b19a9f
The S&P 500 just posted one of its best two-month runs ever. That often means more good times ahead.
The truth about the American profit machine
https://www.ft.com/content/362ccc0a-d6e5-40df-817f-64aea4717cc8
Ruchir Sharma:
America’s profit machine seems extraordinary by historical and global standards. But look closer, and cracks appear. Rising government deficits explain a surprising share of recent US earnings growth. Moreover, the “profitless” dotcom era is a myth. Earnings growth is not dramatically stronger today than it was in the late 1990s. Since then, speculative excess has moved into private markets, making the public markets and the economy look more robust than they really are. In short, this expansion is more dependent on government and the earnings story is less exceptional than investors realize.
https://www.wsj.com/finance/stocks/ai-stocks-trade-e7b19a9f
The S&P 500 just posted one of its best two-month runs ever. That often means more good times ahead.
The truth about the American profit machine
https://www.ft.com/content/362ccc0a-d6e5-40df-817f-64aea4717cc8
Ruchir Sharma:
America’s profit machine seems extraordinary by historical and global standards. But look closer, and cracks appear. Rising government deficits explain a surprising share of recent US earnings growth. Moreover, the “profitless” dotcom era is a myth. Earnings growth is not dramatically stronger today than it was in the late 1990s. Since then, speculative excess has moved into private markets, making the public markets and the economy look more robust than they really are. In short, this expansion is more dependent on government and the earnings story is less exceptional than investors realize.
Irrational Exuberance 2.0 Has Arrived on Wall Street
https://finance.yahoo.com/markets/stocks/articles/irrational-exuberance-2-0-arrived-132600422.html
https://finance.yahoo.com/markets/stocks/articles/irrational-exuberance-2-0-arrived-132600422.html
SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom
The Idaho Chip Maker That Doubled to $1 Trillion in 48 Days
https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-05-26-2026-901372fa
The run-up is a sign of how even the most basic elements of the AI build-out are getting swept up in the frenzy for semiconductor stocks.
https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-05-26-2026-901372fa
The run-up is a sign of how even the most basic elements of the AI build-out are getting swept up in the frenzy for semiconductor stocks.