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S&P 500 reaches records driven by 20% global earnings growth, AI investments totaling $800B in 2026, and reasonable valuations at 21.5 P/E despite Middle East conflict and oil above $100/barrel.
Stock indices surged 1-1.4% on Iran de-escalation hopes. Nvidia beat earnings expectations but slipped post-market. Meta's CEO ruled out further layoffs this year, supporting sentiment.
Broadcom AI revenue surged 106% to $8.4B in Q1 with Q2 guidance at $10.7B, signaling robust demand. However, OpenAI's missed user targets and funding concerns present near-term headwinds for the chip…