The Dow Jones and other major stock indexes plunged in morning trades Tuesday, as the markets braced for a key inflation report. Meanwhile, Tesla rose as investors weighed major developments at the electric-car maker, and Nvidia fell on the stock market today in spite of analysts’ bullish views on its China sales. X The Dow Jones
Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday. X Reddit CEO Steve Huffman sold 500,000 shares on Monday at an average $32.30 price, receiving $16.15 million. CFO Vollero Andrew sold
An analyst downgraded data analytics software maker Palantir Technologies (PLTR) on Thursday on views its valuation is inflated amid investor buzz over generative artificial intelligence. Palantir stock fell in morning trading, X Brian White, analyst at Monness, Crespi, Hardt & Co., downgraded Palantir stock to sell from neutral. He set a price target of 20
Amazon (AMZN) said Wednesday that it has invested an additional $2.75 billion in Anthropic, completing a $4 billion deal with the artificial intelligence startup from late last year. Amazon stock edged higher in afternoon trades. X In a deal first announced in September, Amazon committed an initial $1.25 billion to Anthropic for an investment deal
Software firm Adobe (ADBE) on Tuesday introduced a new application powered by generative artificial intelligence that can serve as a single destination for advertising and marketing professionals. Adobe stock rose on the news. X At its Adobe Summit conference in Las Vegas, the company announced Adobe GenStudio. The application provides a virtual place for brands
ServiceNow ServiceNow NOW $10.38 1.34% 20% IBD Stock Analysis Stock with flat base with 815.32 buy point. NOW was one of the first stocks to break out in current rally. Early entries at 785.88 and 807.77. Composite Rating Industry Group Ranking Emerging Pattern Flat Base * Not real-time data. All data shown was captured at
One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Tractor Supply (TSCO) stock now clears that threshold, with a jump from 80 to 83 Friday. X This proprietary rating tracks technical performance by showing how a stock’s price movement over the last 52 weeks measures up against
Uniform maker Cintas (CTAS) and investment bank Jefferies (JEF) headline the latest earnings calendar amid fresh all-time highs for the Dow, S&P 500 and Nasdaq. Cruise line Carnival (CCL) is also on the earnings calendar, along with enterprise software firm Braze (BRZE). X Royal Caribbean (RCL) is the leader among cruise line operators at this
Benchmark: MSCI EAFE NR USD 18.24% 4.02% 8.16% 4.28% Wasatch Emerging India Investor WAINX 20.84 9.15 11.72 14.36 US Fund India Equity 1.5% Matthews India Investor MINDX 23.1 9.41 8.62 11.65 US Fund India Equity 1.15 Guinness Atkinson Global Innovators Inv IWIRX 39.34 5.99 17.31 11.52 US Fund Global Large-Stock Growth 1.24 Eaton Vance Greater
New market leadership from the likes of Airbnb (ABNB) stock and Duolingo (DUOL) may provide investors with shelter if tech names might start getting tired even as the stock market rally continues. X Stocks faded from intraday highs but continued their advance on Thursday, boosted by comments from Fed Chair Jerome Powell signaling rate cuts