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Analyst Gil Luria thinks that three stocks in the software infrastructure space are primed to benefit regardless of what happens to the AI trade.
Wall Street's biggest firms are calling for a renewed bull market in 2026, with several forecasts now pointing to the S&P 500 reaching as high as 8,000 on the back of the AI boom.
Asian shares are higher, taking their cue from Wall Street's rise. U.S. futures were nearly unchanged, while oil prices fell.
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Is US Stock Market Open on Thanksgiving and Black Friday? Check list of Wall Street holidays
Will US Stock Market Open on Thanksgiving and Black Friday? Check the remaining Wall Street holidays for 2025 and the full list of holidays for the year 2026.
Wall Street's main indexes were mixed at the open on Tuesday as investors took stock of a series of delayed economic data to gauge the health of the U.S. economy, while Alphabet gained after a report said Meta was in talks to spend billions on the Google parent's chips.
But Nvidia was the main laggard as investors continued to keep close watch on the Fed. Markets are now pricing in a more than 80% probability of a quarter-point interest rate cut
Wall Street watched the major market averages trade mixed on Tuesday following a strong tech-driven rally that sent the Nasdaq Composite sharply higher in the previous session.
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Which Quantum Computing Stock Is Wall Street Most Bullish About: D-Wave Quantum, IonQ, or Rigetti?
However, Wall Street appears to be most bullish about D-Wave Quantum. Nine out of 10 analysts assigned "buy" or "strong buy" ratings to the stock. The consensus price target reflects a potential upside of 85%. There's one fly in the ointment, though: The lone contrarian analyst thinks D-Wave will underperform over the near term.