Traders work on the New York Stock Exchange floor on Feb. 20, 2025. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday night after the major averages slid following a lackluster earnings forecast from retail giant Walmart. Dow Jones Industrial Average futures added 28 points, or less than 0.1%. S&P 500…
Omar Marques | Lightrocket | Getty Images Investors continued to dump Palantir shares on Thursday, escalating concerns that the latest hot pick among retail traders could be fizzling out. Shares of the mysterious technology and defense stock retreated close to 5% on Thursday, regaining some ground into session close. Still, that builds on Wednesday’s slide…
Palantir ‘s high valuation leaves little rescue opportunities amid the ongoing sell-off , according to Ritholtz Wealth Management CEO Josh Brown. “It’s not like the value guys are waiting and saying, ‘OK, here is where we pounce,’” Brown said Thursday on CNBC’s “Halftime Report.” “It’s kind of in a no-man’s land — it’s either momentum,…
My top 10 things to watch Thursday, Feb. 20 1. Wall Street was heading for a lower open Thursday after the S & P 500 closed at another record. Following Wednesday’s strength, the Dow and Nasdaq finished less 1% off their all-time highs. It is Monthly Meeting Day for the Club. Kicking off at noon…
Traders walk the floor during morning trading at the New York Stock Exchange (NYSE) on May 14, 2024 in New York City. Spencer Platt | Getty Images Retail investors haven’t traded stocks this much since another mania took over Wall Street three years ago. Data compiled by JPMorgan shows that the share of small investors…
My top 10 things to watch Tuesday, Feb. 18 1. The holiday-shortened week is relatively quiet on economic data and earnings , but my Investing Club has its Monthly Meeting at noon ET on Thursday. A key theme I’ll be discussing: How to stay long Nvidia and Apple , for better or worse. 2. DeepSeek…
Piotr Swat | Lightrocket | Getty Images Shares of AppLovin closed more than 20% higher Thursday after the company reported a fourth-quarter earnings beat, causing many analysts to lift their price targets as the stock crossed the $500 mark for the first time ever. The ad tech company said on its earnings call it was…
Traders work on the floor of the New York Stock Exchange on Feb. 4, 2025. NYSE S&P 500 futures are near flat Wednesday night as traders analyzed the latest corporate earnings reports while awaiting more inflation stats. Futures tied to the broad index ticked up 0.1%, while Nasdaq 100 futures added 0.2%. Dow Jones Industrial…
The stock market is rather calm but can’t seem to relax. In a noisy and fast-shifting news environment, stocks were quietly flattish last week from point to point, even after Friday’s almost 1% drop, which extends a sideways three-month range during which the S & P 500 has traded no more than 3% above or…
The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Sunday, Jan. 12, 2025. Samuel Corum | Bloomberg | Getty Images If investors were to judge the stability of the economy by looking at the stock market, its two-day winning streak might lead investors to think that it’s business as usual. The market’s…