S&P 500 Hits Record High: Investor Sentiment Improves, Fear & Greed Index Moves to ‘Neutral’ Zone
U.S. stocks climbed as the Fear & Greed Index reached neutral at 47; the S&P 500 hit a record, while Constellation Energy surged 12%.
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Northland Capital Markets analyst Bobby Brooks upgrades Richardson Electronics (NASDAQ:RELL) from Market Perform to Outperform and raises the price target from $14 to $24.
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U.S. stocks climbed as the Fear & Greed Index reached neutral at 47; the S&P 500 hit a record, while Constellation Energy surged 12%.
Stocks in focus: Levi Strauss and Applied Digital report earnings; Caribou halts programs; Constellation raises guidance; Richardson reports.
Will S&P 500 open higher? Polymarket odds reach 62% as Wall Street awaits FOMC mins, monitors $101 Brent crude, tracks October's win streak.
Richardson Electronics (RELL) is well-positioned for sustained growth driven by semiconductor wafer fabrication, wind energy, and battery energy storage. The company's Power and Microwave Technologies segment saw fiscal Q4 revenues jump 28.1% to $47.5M, while backlog reached $164.4M (up 22.5% YoY). Management expects continued revenue growth and margin improvement in fiscal 2027, with BESS becoming a meaningful revenue driver by fiscal 2028.