Finance
U.S. stocks ended lower on Thursday, with tech stocks leading the decline as investors digested a batch of earnings from big tech companies and weighed Federal Reserve Chairman Jerome Powell’s hawkish comments from the previous day. All three major indexes ended in negative territory. The Dow Jones Industrial Average (DJI) declined 0.2% or 109.88 points…
(RTTNews) – Netflix (NFLX) announced a 10-for-1 stock split aimed at making its high-priced shares more accessible to employees and retail investors. Shareholders of record on November 10 will receive nine additional shares for each one held, with distribution set for November 14. The stock will begin trading on a split-adjusted basis starting Monday, November…
The stock market rally had a trick-or-treat October. Now Palantir (PLTR), Robinhood (HOOD), Advanced Micro Devices (AMD), AppLovin (APP) and Astera Labs (ALAB) headline another big week of earnings. Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Berkshire Hathaway (BRKB) will report earnings on Saturday, with BRKB stock…
Few businesses have captured the AI moment this year quite like Palantir (PLTR). Once dismissed as merely a niche government contractor, it has evolved into a true market juggernaut, with its software offerings at the center of data-driven defense, logistics, and corporate AI. The stock’s … Source link
Netflix on tv with remote by freestocks via Unsplash Netflix (NFLX) shares are inching up on Friday after the streaming giant announced plans of a 10-for-1 stock split. According to its press release, the split will take effect on Nov. 17. A stock split does not fundamentally make a company more attractive, but the strategic…
Key Takeaways The U.S. economy has grown increasingly concentrated in AI, with the biggest tech companies now making up about a third of the value of the entire stock market. Companies are investing in AI at a titanic scale, building colossal data centers all over the country to the tune of $400 billion in 2025….
The stock market ended a potentially troublesome week on a high note and booked strong gains for October. Amazon.com (AMZN) earnings boosted an industry group, while Palantir Technologies (PLTR) results loom. The Nasdaq composite on Friday outperformed the other major indexes, rising 0.6%. The index finished the week with a 2.2% lift and a 4.7%…
By Chuck Mikolajczak NEW YORK (Reuters) -Global stocks were on pace for their third straight week of gains and seventh consecutive monthly advance on Friday buoyed by strong gains in megacap Amazon after its quarterly earnings, while the dollar climbed after hawkish comments from some Federal Reserve officials. Amazon surged 9.6% after reporting cloud revenue…
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) jumped 5.8% in the afternoon session after Amazon announced robust demand for its Trainium processors, which are manufactured by Marvell. The update came from Amazon CEO Andy Jassy, who highlighted an impressive 150% quarter-over-quarter growth for the Trainium2 chip. This rapid expansion turned the processor line…
Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 3.7% in the afternoon session after the company announced a 10-for-1 stock split. The move was intended to make its shares more accessible to employees participating in the company’s stock option program and to retail investors, as the price had topped $1,000. Following the announcement, Netflix…