S&P 500 Hits $6,976 Amid AI and Small-Cap Strength

[ed]

US equities rebounded this week, led by AI-linked tech and semiconductor stocks, while small caps outperformed megacaps. Alphabet hit a new record, Amazon climbed ahead of earnings, and chipmakers saw broad gains—Sandisk up +135%, Micron +40%, Lam Research +31%.

Earnings, not valuations, are driving the rally, with analysts expecting ~11% growth for the December quarter and over 80% of firms exceeding expectations. Strong US GDP growth (3.3%) and contained inflation keep risk appetite intact, even amid political disruptions.

Meanwhile, Bitcoin continues to lag, dropping below $65,000, highlighting a divergence between crypto and traditional equities.

#StockMarket #SP500 #AIStocks #SmallCaps #Bitcoin #Crypto

[cryptohog]

alphabet hitting record highs while btc struggles is peak “visible fundamentals vs speculation” energy

[Revenant]

TradFi loves earnings, crypto loves patience.

[bred]

Divergence won’t last forever.

[The_Walking_Dead]

Fundamentals visible vs conviction invisible.

[Capybara_Capybara]

Risk rotates, it doesn’t disappear.