
- Goldman Sachs warned AI spending is increasingly debt-financed, slightly weakening corporate credit quality. The S&P 500 set a new all-time high driven in part by AI spending from Big Tech. Nvidia, Palantir, and Amazon rose yesterday.
The S&P 500 rose to a new all-time high yesterday, up slightly to hit 6,715. AI stocks led the way, again, with Palantir up 1.1%, Nvidia rising 0.91%, and Amazon climbing by 0.81%.