05/06/2026
The Dow is up 1.3% and inching closer to that major 50,000 milestone, while the Nasdaq climbs 1.4%—a clear signal that this market rally has strength behind it.
In today's Fox Business interview, Ted Thatcher and Varney & Co. break it down: this isn’t just a random surge. It’s being driven by AI investment, strong earnings, lower oil prices, and easing geopolitical tensions. With nearly $750 billion in AI capex flowing through the economy, the message is simple—follow the money.
💡 Key takeaway? Even after big tech’s massive run, opportunities still exist. Names like Microsoft and Oracle are hovering near key technical levels, and disciplined investors may see value where others hesitate.
As Thatcher points out, Microsoft could be significantly undervalued relative to the broader market—and its AI story may just be getting started.
🚀 Add in projections of a 28% profit gain for U.S. corporations this year, and it’s no surprise Wall Street is rallying.
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