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Market timers have never before been this optimistic — contrarians will probably get the last laugh

The U.S. stock market has been on a tear over the past five months — and more gains may be in store for the technology-heavy Nasdaq Composite Index, if history is any guide, according to Bespoke Investment Group.

Nvidia and Broadcom shares are BofA’s leading ways to play the AI trend within the chip sector, but several other players could carve out a “profitable niche.”

A barometer of business conditions at American manufacturers turned positive in March for the first time in 17 months in another sign the industrial side of the economy is on the mend.

Construction spending fell 0.3% in February, the Commerce Department reported Monday.

Microsoft may have an “open-ended” total addressable market if its Copilot assistant becomes the preferred AI interface.

The fuel-cell maker said it inked a deal with a European bus manufacturer to supply up to 1,000 hydrogen-fuel-cell engines — its largest supplier deal since it was founded in 1979.

CalPERS and Neuberger Berman are supporting Trian director candidates ahead of Wednesday’s vote deadline.

The domestic box office has had its best March in five years, according to AMC CEO Adam Aron.

UPS said it will become the primary air-cargo provider for the United States Postal Service.

Yields on longer-duration Treasurys ticked higher on Monday while short-dated yields declined as traders reacted to an inflation report and commentary from Federal Reserve Chair Jerome Powell from Friday.

Nio’s stock rallied Monday, as did those of other China-based electric-vehicle makers, after data showed March deliveries rose sharply from a year ago.