NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024. Chip Somodevilla | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow…
People always ask me why I dislike parabolic moves. The answer is simple: When a stock rises significantly in a short period — resulting in a price chart that resembles the curve of a parabola — it goes down far faster than it can creep up, for whatever reason. Consider a parabolic move from a…
First the reflex, then the rethink. The fast-twitch rush for risk that jolted markets following the decisive election result and excitement over potential growth-stoking policies gave way last week to a modest retrenchment and reassessment as some tradeoffs and unknowns encroach. The list of assets that went vertical on a geyser of speculative juices in…
Alex Karp, CEO of Palantir Technologies speaks during the Digital X event on September 07, 2021 in Cologne, Germany. Andreas Rentz | Getty Images Palantir shares continued their torrid run on Friday, soaring as much as 9% to a record, after the developer of software for the military announced plans to transfer its listing to…
Check out the companies making headlines in midday trading: Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which helped develop a Covid vaccine with…
My top 10 things to watch Friday, Nov. 15 1. President-elect Donald Trump’s decision to nominate prominent vaccine skeptic Robert F. Kennedy Jr. to lead the Department of Health and Human Services has vast implications for drug companies. That’s why shares of pharma stocks, and vaccine makers in particular, sold off late Thursday when reports…
My top 10 things to watch Thursday, Nov. 7 1. It’s Fed Day. Two days after the election. Wow, what a week. To those who say we don’t need another interest rate cut, I say that you have not been listening to companies’ post-earnings conference calls. Manufacturing has been weak, and there’s a freight recession….
Check out the companies making headlines in midday trading: Trump Media & Technology — Shares of the Truth Social parent, which is majority owned by former President Donald Trump, climbed 12% on Election Day . The stock is viewed as a proxy for betting on the former Republican nominee’s likelihood of winning the race for…
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were little changed in overnight trading ahead of Tuesday’s high-stakes U.S. presidential election Futures tied to the Dow Jones Industrial Average added 6 points. S&P 500 futures and Nasdaq-100 futures hovered near the flatline. Palantir popped 13% in overnight trading on…
Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares jumped 13% in extended trading on Monday after the data analytics software maker reported robust third-quarter results and revenue guidance. Here’s how…