Dow Surpasses 49K Amid Tech Rally: A New Year’s Overture of Greed

Palantir Technologies (PLTR +3.26%) vaulted on analyst upgrades and the curious alchemy of “agentic AI,” a phrase that sounds like a Victorian parlor trick repurposed for boardrooms. Sandisk Corporation (SNDK +27.39%) soared after Nvidia (NVDA 0.35%)’s Jensen Huang declared the memory storage chip market “underserved”-a term that might as well mean “profitable to those who shout loudest.” Software stocks RingCentral (RNG +3.45%) and HubSpot (HUBS +4.32%) advanced, buoyed by the delusion that cloud demand, when prefixed with “AI-driven,” suddenly becomes immune to gravity.




