Wall Street Rally Loses Momentum - Skeptics Cite High Valuations - DAX Reaches a Historic all-Time High - Novo Nordisk Acquires Akero Therapeutics - Delta Airlines with Earnings Surge - new Serverless RL Service from CoreWeave Provides Access to Scalable Reinforcement Learning

S&P 500 (SPX) – Wall Street rally shows signs of fatigue:valuation levels remind of past excesses The impressive recovery of the US stock markets since the low point in April is increasingly encountering critical voices. After a rise of 36% since the spring low, valuations have reached a level that reminds market participants of past overheating phases. While enthusiasm for AI continues to fuel the stock rally, discussions about possible bubble formations in this sector are increasing globally. Craig Johnson from Piper Sandler warns of...