Shares of computer hardware and IT solutions company Dell (NYSE:DELL) fell 6.9% in the morning session after Morgan Stanley issued a double downgrade on the stock, cutting its rating from ‘Overweight’ to ‘Underweight’ and slashing its price target. The investment bank lowered its price target to $110 from $144. The downgrade stemmed from concerns over…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Monday and what’s on the radar for Tuesday’s session. Mohammed bin Salman comes to…
The Club’s top 10 things to watch Monday, Nov. 17 1. Stock futures are relatively muted early this morning. The market is coming off a volatile week, driven by doubts about the sustainability of AI spending and whether a December interest rate cut is still on the table. 2. Morgan Stanley issued a double downgrade…
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 1.8% in the afternoon session after the company confirmed its two NASA-backed spacecraft successfully launched and began their journey to Mars. The probes, developed for the ESCAPADE mission in collaboration with the University of California, Berkeley’s Space Sciences Laboratory, lifted off from Cape Canaveral. Rocket…
A top market analyst’s warning in late October about a looming “prisoner’s dilemma” and an “AI wobble” in the stock market became chillingly prescient this week as even bullish earnings from Palantir failed to stop a dramatic tech-led selloff. The remarks came from Tony Yoseloff, managing partner and chief investment officer at Davidson Kempner Capital…
This article first appeared on GuruFocus. Shares of Advanced Micro Devices (AMD, Financials) fell on Tuesday after Morgan Stanley’s negative commentary made investors less optimistic before the company’s third-quarter earnings report. Analyst Joseph Moore gave the stock a Hold rating and a price objective of $246, which means that it won’t go up much from…
Aerial view of vehicles being driven on the road through the central business district in Beijing, China. Vcg | Visual China Group | Getty Images Asia Pacific markets were mostly set to fall Wednesday, mirroring losses on Wall Street, which was pressured by declines in artificial intelligence-related names like Palantir. Australia’s S&P/ASX 200 started the…
US stocks fell Tuesday as the CEOs of Goldman Sachs and Morgan Stanley warned that markets are due for a correction – adding to investor fears that AI stocks have become overvalued. The Dow Jones Industrial Average plunged 450 points, or 1%, while the S&P 500 and Nasdaq slid 1.2% and 1.7%, respectively. “It’s likely…
Topline Shares of Palantir fell more than 8% after market open on Tuesday, leading a broader market decline after the software firm reported better-than-expected earnings, as some economists warned of “rally exhaustion” after a meteoric rise for several stocks this year. One analyst suggested stocks may be suffering from “rally exhaustion.” AFP via Getty Images…
A small replica of the Charging Bull statue is seen on a street vendor stall outside the New York Stock Exchange on July 11, 2025. Jeenah Moon | Reuters Global markets may be due for a reality check after this year’s relentless rally, as Goldman Sachs and Morgan Stanley on Tuesday cautioned investors to brace…