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News articleNasdaq· February 24, 2026

Stocks Rally as AI-Fueled Worries Ease

View original at nasdaq.com
Stocks Rally as AI-Fueled Worries Ease The S&P 500 Index ($SPX) (SPY) today is up +0.50%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.75%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.90%…
Opening lines of the source · Nasdaq · short snapshot — read the full document at the original

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  • Remains optimistic about more rate cuts in 2026 contingent on inflation progress to 2%

    80% confidence
  • Considering limited military strike on Iran to ramp up pressure on nuclear deal

    80% confidence
  • Q2 adjusted EPS forecast of $2.27 to $2.33

    80% confidence
  • US Feb consumer confidence index rose by 2.2 to 91.2

    80% confidence
  • 10 to 15 days is pretty much the maximum he would allow for Iran negotiations

    80% confidence
  • Upgraded Qualcomm to buy from hold with price target of $185

    80% confidence
  • S&P earnings growth expected to climb by 8.4% in Q4, marking tenth consecutive quarter of year-over-year growth

    80% confidence
  • Will deploy data center gear based on AMD processors worth double-digit billion dollars per gigawatt

    80% confidence
  • 2026 adjusted EBITDA forecast of $607 million

    80% confidence
  • Full-year revenue forecast of $5.8 to $6.0 billion

    80% confidence
  • Q4 earnings expected to increase by 4.6% excluding Magnificent Seven megacap tech stocks

    80% confidence
  • Upgraded Genuine Parts to strong buy from market perform with price target of $145

    80% confidence
  • Reached one million professional users of CoCounsel AI tool

    80% confidence
  • Threatened to raise global tariff rate to 15%

    80% confidence
  • Downgraded Cable One to underperform from neutral with price target of $80

    80% confidence
  • Full-year revenue forecast of $3.75 billion

    80% confidence
  • Good chance of diplomatic solution to Iran nuclear standoff

    80% confidence

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What we're seeing
AI Boom Hits a Fork: Slowdown Calls Clash with Capex Confidence as Markets Get Nervous
Dario Amodei's repeated calls for a global slowdown in frontier AI development, echoed by Microsoft's new humanist AI code of conduct and FTC antitrust caution, are being publicly rejected by Nvidia and Meta leadership even as hyperscaler spending draws fresh skeptical scrutiny (Wachter's analysis, Burry-style overbuilding worries) and weak guidance from Adobe and a post-slowdown-comment selloff in GE Vernova signal investor jitters. Meanwhile wealth and security effects of the AI race keep compounding — Zhang Yiming's fortune surging on AI-driven ByteDance value, a Chinese hacking firm weaponizing AI against stolen government secrets, and low-quality AI-generated products (an AI sitcom, a spam-flooding agent platform) fueling backlash even as adoption races ahead.
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EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
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Berkshire Hathaway
Both facts report Berkshire Hathaway's cash position on 2026-01-01 with identical observation timestamps, but claim vastly different values: 380 billion USD vs 400 USD. These cannot both be true for the same entity at the same point in time. The magnitude of the discrepancy (a factor of ~10^9) rules out rounding, unit conversion, or methodological differences.
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Stocks Rally as AI-Fueled Worries Ease — Source | Via News | Via News