U.S. Stocks Trending Differently | Strong Performance of AI Application Stocks Applelovin (APP.US) Rises Over 8%
According to the Wise Financial APP, on Monday, the trend of AI stocks in the US stock market was strong, with Applovin (APP.US) rising more than 8%, Palantir (PLTR.US), and Unity Software (U.US) rising more than 6%, SoundHound AI (SOUN.US) and Tempus AI (TEM.US) rising more than 3%. In terms of news, Citigroup reports that investors' words and actions have shown a significant disconnect. They are "worried" about valuations, credit, and labor markets, but their allocation to US large-cap stocks remains "firm", and the sentiment index has reached "excitement". Currently, US stock valuations are at historical highs, but strong earnings are the key support. Citigroup believes that there is currently no bubble in AI stocks and it is suitable for bottom-fishing.
Latest

