Happy Wednesday! As Wall Street rushes toward the latest AI darlings, Bank of America is spotlighting a surprising group of under-the-radar stocks that have momentum. Discover all 16 picks that look ready to outperform.

Also, the S&P 500 is more concentrated than at any point in history, with just 20 companies driving over half the market’s value. Yet these same firms account for only a fraction of total earnings. Can this trend last, or is the market building a precarious house of cards?

And Marjorie Taylor Greene just purchased this blue-chip stock near its 52-week low. Read on to see why this purchase was unique for her and why you should be paying attention.

Plus, if you’re looking for a front-row seat to the next evolution in index-based trading and the Magnificent 7, check out today’s sponsor.

Benzinga Survey: RTB readers’ perfect quarter came to an end after 67% predicted Oklo would beat estimates, which it ultimately missed. RTB readers will look to get back on track with earnings from Cisco and Walt Disney this week.

Next up: Walt Disney reports before the bell tomorrow. Will they beat estimates? Share your wisdom, vote and see the results.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

16 Stocks To Buy If You Want To Escape The AI Hype

As Wall Street piles into anything with an AI label, a surprising corner of the market is being left behind — and Bank of America says that’s exactly where the real value lies.

In a new report, Bank of America reveals 16 overlooked stocks with strong fundamentals, rising earnings expectations and prices that haven’t yet caught fire. These aren’t the flashy names dominating headlines, but they may be the ones poised for outperformance.

Click here to see all 16 under-the-radar stocks.

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Yesterday: U.S. indexes finished mixed on Tuesday, with the Dow surging to a record high while the Nasdaq slipped. The S&P 500 notched its third consecutive positive day as investors rotated out of big tech and into retail, consumer and health care stocks with Walmart, Home Depot, McDonald’s, Eli Lilly and Johnson & Johnson leading the way. Oil prices rose following a production halt by Russia, highlighting tighter global supply. With regards to earnings, 91% of S&P 500 companies have reported so far, with 81% beating estimates by an average of 7.2%. This has prompted Q3 earnings growth forecasts to rise to 12.6% from 7.3% at the start of the quarter.

On Our Radar: One of the busiest earning weeks of the season continues with a number of notable companies — Cisco (CSCO) and DLocal (DLO) — reporting after the market close today, while Walt Disney (DIS) reports before the market opens tomorrow.

Shares of Paramount (PARA) were soaring while two of Wall Street’s darlings in CoreWeave (CRWV) and AppLovin (APP) plunged. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Tuesday.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

Soft-’Tank’: SoftBank is cashing out on Nvidia and T-Mobile to fuel its high-stakes AI ambitions, including its big bet on OpenAI. Investors weren’t pleased as shares tanked as much as 10% on the news. Read on for all the details. 

Smooth Sinking: Goldman Sachs issued its latest warning for cruise lines in the Caribbean and why they appeared to be headed for choppy waters that could leave investors stranded.

Electric Slide: Tesla deliveries in China have plunged to a three-year low, signaling potential for the company’s first annual decline in the region. Here’s everything you need to know.

Quantum Rally: Quantum stocks are shaking up the market as Q3 earnings reveal surprising winners and losers. Click to see which companies are outperforming expectations and which ones to keep on your watchlist.

Open-Buys: Opendoor’s CEO is “putting his money where his listing is,” pledging to buy $1 million in company stock at the market open. Shares surged on the news, giving the meme stock more momentum. Here’s everything you need to know.

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On This Day In 1998…

The long-anticipated merger between Daimler-Benz AG and Chrysler Corporation was officially completed, creating DaimlerChrysler AG in what was then one of the largest industrial mergers in history, worth $36 billion. Investors initially celebrated the move as a bold step toward creating a global automotive powerhouse that could compete with Toyota and General Motors. However, cultural and operational clashes soon surfaced, and the expected synergies never fully materialized. Less than a decade later, Daimler sold Chrysler, marking the unraveling of a once-heralded transatlantic partnership and a cautionary tale about the complexities of cross-border mergers.

QUOTE OF THE DAY

“There is no point in being confident and having a small position.“

— George Soros

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