Markets Move Higher with Tech Stocks Rallying Despite Inflation and Rate Concerns

Multiple Wall Street banks recommend buying protective puts to hedge portfolios in case of a market decline despite recent market gains.
Several leading analysts have upgraded their price targets for major companies in sectors like biopharma, payments, e-commerce, and semiconductors citing strong growth and competitive positions.
A handful of prominent investors and analysts warn stock valuations are stretched and recommend either taking profits or focusing on undervalued sectors.
IPO activity is picking up, though some notable unicorns have yet to come to market.
Inflation persists at higher levels, and while rates remain stable, slowing global growth poses risks to corporate earnings and equity prices according to some strategists.