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S&P 500 Rally Gets a Costly Layer of Risk in Rise of Chipmakers

(Bloomberg) The artificial intelligence furor gripping the stock market has the shares of chipmakers like Nvidia Corp. soaring, making them increasingly crucial to the broader S&P 500 Index rally. But the stocks are no longer cheap, adding a new level risk to further gains in the broad equities benchmark.Most Read from BloombergTrump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleBiden Gains Ground Against Trump in Six Key States, Poll ShowsTrump Vows to Pay Fraud

5 steady-rising stocks for 2024

Asia shares rise with US after strong tech results: Markets wrap

Asia Shares Rise, Tech Results Impress Before Jobs: Markets Wrap

(Bloomberg) Most Asian equity benchmarks rose as a rebound in US shares extended into after-hours trading after a set of bumper results from tech giants.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainQQQ Up in Late Trading as Meta Soars, Apple Falls: Markets WrapMeta Plans $50 Billion Buyback in Bid to Win Over InvestorsAustralian

Apple, Tesla, Alphabet, Meta Platforms give investors reason to fret about growth

The so-called Magnificent Seven delivered event bigger profits than Wall Street hoped, but they’ve also given investors reasons to fret about growth.

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