Wall Street sentiment bearish, but IPO market strong, tech stocks rebound, potential bullish shift

From Nasdaq: 2025-04-24 14:18:00

Wall Street sentiment is historically bearish with indicators like the AAII Sentiment Survey showing record levels of bearish sentiment. The CNN Fear & Greed Index is also at an extreme fear reading of 3. NAAIM exposure has dropped significantly from over 100% to under 40% in recent months.

The IPO market is showing signs of animal spirits reappearing, with 98 IPOs so far in 2025, a 69% increase from the previous year. Despite concerns about AI demand, CoreWeave (CRWV) and Cantor Equity Partners (CEP) have seen strong performances post-IPO, with CEP jumping by 155% in just one week.

Big tech stocks like Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL) are rebounding as trade tensions between the U.S. and China ease. This positive development, along with a healthy IPO market and bearish sentiment, is signaling a potential shift in Wall Street sentiment towards bullishness.

Zacks has named a top semiconductor stock with strong growth potential in the AI, machine learning, and IoT sectors. With projections for the global semiconductor market to reach $803 billion by 2028, this stock is positioned for significant growth.



Read more at Nasdaq: Sentiment Says Bear, Market Hints Otherwise