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 going up 1.1%, Nvidia rising 0.91% and Amazon climbing by 0.81%.

In the absence of macro jobs data due to the U.S. government shutdown, traders are piling into AI stocks, ING told clients this morning. “Financial market volatility is falling across the board, partly driven by the US government shutdown and the delay to key data releases such as the September jobs data. Instead, investors remain transfixed by the AI-driven rally in m

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