One Hour AgoWharton’s Jeremy Siegel believes S&P 500 is not overvaluedJeremy Siegel, a finance professor at Wharton, stated that the market doesn’t appear to be expensive in the longer term, despite the S&P 500 reaching the 5,000 milestone. “For the long run, there’s going to be volatility. I don’t advise playing the game of being a short-run trader,” he mentioned on CNBC’s “Closing Bell” on Thursday. “I don’t think right now the market is overvalued for a long-term investor by any means.”— Yun Li, Lisa HanOne Hour AgoCloudflare experiences an 18% surge in shares after reporting strong resultsCloudflare’s shares soared by 18% in after-hours trading on Thursday following the release of strong results and quarterly guidance, exceeding analysts’ expectations. The company achieved a new annual contract value record due to significant deals with both new and existing customers.— Jordan Novet
