Palantir Leads Stock Decline As Shares Plummet

Palantir Leads Stock Decline As Shares Plummet

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…

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Bloomberg

US Stock Market today: Wall Street mixed on earnings and Fed caution, Meta Platforms tumbles 11%, Alphabet climbs 5%

Key stock indices on Wall Street were mixed on Thursday after mixed financial reports from major technology firms and comments from Federal Reserve Chair Jerome Powell raised doubts about further interest rate cuts this year. On Wednesday, the Federal Reserve lowered interest rates by 25 basis points but Chair Jerome Powell signaled a subtle shift…

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Dow, S&P 500, Nasdaq futures flat with Fed decision, slew of Big Tech earnings on deck

Dow, S&P 500, Nasdaq futures mostly up with Fed decision, slew of Big Tech earnings on deck

US stock futures made gains Wednesday morning, as investors braced for the Federal Reserve’s policy decision following another record-setting session on Wall Street. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1% while contracts tied to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) gained 0.2% and 0.3% respectively. The…

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