It didn’t take long for Palantir stock to rally back near highs after a quick pullback to the 50-day moving average. Palantir Technologies (PLTR) headlines another busy week of earnings in the technology sector, along with Amazon.com (AMZN), Google parent Alphabet (GOOGL) and Fortinet (FTNT). Other top-performing growth stocks on the earnings calendar include Apollo…
Perplexity AI, a new rival to Alphabet’s Google in the internet search market, on Saturday submitted a bid to TikTok parent ByteDance seeking a merger with the U.S. business of the social media firm, according to a CNBC report. With TikTok, Perplexity could emerge as a stronger rival to Alphabet (GOOGL) , a potential blow…
Alphabet Cl A Alphabet Cl A GOOGL $9.80 5.59% 113% IBD Stock Analysis Stock breaking out of cup-with-handle base Relative strength line rising, but well off highs Composite Rating Industry Group Ranking Emerging Pattern Cup with Handle * Not real-time data. All data shown was captured at 12:16PM EST on 12/10/2024. Google-parent Alphabet (GOOGL) is…
Bulls remained in control of blue chips midday Friday as the Dow Jones Industrial Average marched higher, adding another 280 points, or 0.6%. Other indexes were mixed on the stock market today. The S&P 500 trimmed its gains to 0.2% but the tech-weighted Nasdaq traded unchanged. Both indexes are holding support at their 21-day exponential…
Artificial intelligence giants Alphabet (GOOGL) and Nvidia (NVDA) have earned a spot on the IBD Breakout Stocks Index. And both Google stock and Nvidia currently trade in or near new buy zones. Yet alongside those positive indicators, the two Magnificent Seven stocks have a third thing in common that offers a note of caution for…
The stock market rally suffered sharp losses on Thursday, pushing the major indexes to or below key levels following generally weak reactions to tech titans’ earnings, including Microsoft (MSFT). preelection concerns might also be playing a role, along with Treasury yields pushing up on key levels. But stocks bounced somewhat on Friday, buoyed by Amazon.com…
Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures, with Google-parent Alphabet (GOOGL) rising more than 4% late on earnings, moving many other techs. AMD, Visa and Reddit also were among the deluge of late-night earnings reports. The Nasdaq hit a fresh high Tuesday as the stock market rally…