Dow Jones Surges 400 Points As Apple, Tesla Stock Slide; Palantir Rallies As AI Demand Grows

Dow Jones futures were little changed ahead of Tuesday’s open after the Dow Jones Industrial Average surged more than 400 points Monday. Apple (AAPL) and Tesla stock skidded Monday, extending their recent losses, while AI stock Palantir Technologies (PLTR) briefly plunged on a sales miss before reversing higher. On the economic front this week, investors are looking ahead to […]

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A Bull Market Is Coming: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold Forever

The S&P 500 (SNPINDEX: ^GSPC) has reversed course and ripped 18% higher this year as investor sentiment has improved in response to signals of economic resilience and enthusiasm surrounding artificial intelligence (AI). That leaves the index just 5% from a record high, meaning stocks have nearly clawed their way back to bull market territory. Looking ahead, AI will […]

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ServiceNow Earnings Beat, But Software Bellwether Falls As Revenue Edges Lower

ServiceNow (NOW) reported second-quarter earnings that handily beat analyst estimates while revenue only edged by views. NOW stock dipped on the financial results and its outlook. Reported after the close on Wednesday, ServiceNow earnings came in at $2.37 per share, up 46% from the year-earlier period. Total revenue climbed 23% to $2.15 billion, said the Santa […]

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Alphabet shares jump on beat and strong cloud growth

Shares of GOOG rose 6% in pre-market trading Wednesday, driven by stronger-than-expected second-quarter earnings and marked year-over-year growth in cloud computing revenue. The company on Tuesday reported adjusted earnings per share of $1.44, more than the $1.34 expected by a Refinitiv survey of analysts. Revenue for the second quarter came in at $74.6 billion, beating a consensus estimate of […]

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Tesla books record revenue of $24.9 billion with margin declining after price cuts

Tesla reported earnings after the bell, showing a record for quarterly revenue but lower margins thanks to price cuts and incentives. The stock price remained flat after the initial report, but began dropping during the earnings call as CEO Elon Musk and other executives failed to deliver precise specs and start of delivery dates for the Cybertruck, and […]

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