WS #13411
Palantir's blowout quarter and strong semiconductor earnings (Onsemi, Entegris, Tower Semi) reignite the AI rally, with the Nasdaq up over 3%. Apple briefly hit a $5 trillion market cap, becoming the most valuable company, as investors favor its low-capex AI strategy over hyperscaler spending.
AI Earnings Supercycle
Palantir's blowout quarter and strong semiconductor earnings (Onsemi, Entegris, Tower Semi) reignite the AI rally, with the Nasdaq up over 3%.
Apple briefly hit a $5 trillion market cap, becoming the most valuable company, as investors favor its low-capex AI strategy over hyperscaler spending.