Stocks have clawed their way to another record high this week as investors continued to extend increasingly precarious bets on trade.

Indeed, the rise of artificial intelligence (AI) should be a tailwind for the technology sector, and most Wall Street analysts anticipate substantial gains in these Nasdaq stocks: Among 31 analysts who follow AppLovin ( APP -1.86%), the median target price of $470 per share implies 40% upside from the current share price of $335.

Catalyzing the rally was Goldman Sachs analysts commemorating the Snack Wrap’s comeback by upgrading their rating on McDonald’s stock from neutral to a buy.

Wall Street looked to keep momentum from a tech-fueled rally that saw Nvidia leap to become the world's first $4 trillion public company.

A day after Nvidia set a new record by reaching a $4 trillion market cap, at least three Wall Street analysts issued new reports that rated the stock a buy, according to Bloomberg data. The bulls pointed to Nvidia’s role as the premier chipmaker and the fact that compared to its fundamentals, the stock is still trading at a fair price.

TRADERS BET AGAINST RECESSION AS TRUMP'S ECONOMIC POLICIES CONTINUE TO SHOW REMARKABLE STRENGTH. Paul Donovan, chief economist at UBS Global Wealth M