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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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