#s&p500

Palantir Technologies' stock saw significant gains on Tuesday, leading the S&P 500, after a bullish outlook from Ark Invest, which indicated software companies could have more upside in the ongoing AI boom. Rahul Bhushan, Managing Director at Ark Invest Europe, shared insights during a CNBC...

1. S&P 500 Returns to Record Levels The S&P 500 hit a new intraday and closing high on Thursday, with a 0.4% gain. The Dow Jones and Nasdaq Composite both rose 0.6%. Key economic data releases, including U.S. personal income and consumer sentiment, are expected sentiment 2. Election...

Palantir Technologies (NYSE: PLTR) has had a strong year, with its stock up over 100% and a market capitalization of $80 billion. The company's revenue is accelerating, it has begun generating positive earnings, and free cash flow is improving. Palantir recently announced it will join the S&P...

1. CPI Data Expected to Show Cooling Inflation The August Consumer Price Index (CPI) report is due, with economists forecasting a 2.6% year-over-year rise, down from July's 2.9%. This cooling inflation could pave the way for the Federal Reserve to cut rates during its upcoming meeting. 2. Trump...

Palantir Technologies (PLTR) has reached a significant milestone with its inclusion in the S&P 500 Index, effective before the start of trading on September 23, 2024. This development, announced by S&P Dow Jones Indices, has been eagerly anticipated by investors, signaling Palantir’s growing...

The S&P 500 fell over 2%, and the Nasdaq Composite dropped more than 3%, marking their largest daily declines since early August. Investors pulled back on their enthusiasm for AI-related stocks, contributing to a broad sell-off. Chip stocks were particularly affected, with Nvidia seeing a...

Tesla (TSLA) is taking a significant step to expand its energy business in Texas by partnering with Sunrun (RUN), a leading provider of solar and home energy solutions. This collaboration is designed to help homeowners in Texas build "virtual power plants" by leveraging Tesla’s Powerwall battery...

Nvidia (NVDA) shares experienced a notable rebound in early Wednesday trading, buoyed by strong Q2 earnings from AMD and an optimistic research note from Morgan Stanley. Nvidia, which saw a significant market value loss of nearly $500 million this month—its worst performance in almost two...

Nvidia shares tumbled, extending the stock's one-month decline to around 23%, amid a major pullback in global tech stocks and reports of a delay in the delivery of its newly-designed AI chips known as Blackwell. Blackwell Chips: Nvidia unveiled the Blackwell line of processors earlier this...

Meta’s Strong Q2 Performance Meta Platforms Inc. reported better-than-expected sales for the second quarter, achieving $39.1 billion compared to analysts’ estimates of $38.3 billion. This success, driven by effective AI-driven ad targeting, led to a 5% increase in Meta's shares during late...

Key Takeaways: Apple's highly anticipated AI features will not be included in the initial launch of its upcoming iPhone and iPad software updates. Apple plans to release Apple Intelligence in October as part of software updates, a few weeks after the September launch of iOS 18 and iPadOS 18...

Federal Reserve Rate Decision: The Federal Reserve will announce its latest rate decision on Wednesday, with no changes expected to the current 5.25%-5.5% range. Big Tech Earnings: Apple, Meta, Amazon, and Microsoft are set to report earnings this week. Additional Earnings Reports: Updates are...