by Luzi Ann Santos | moomoo News Google parent$Alphabet-A(GOOGL.US)$,$Microsoft(MSFT.US)$and Nvidia led the slump in Magnificent Seven stocks, dragging down the S&P 500 and the Nasdaq amid mounting speculation big money is moving from this year's biggest gainers to unloved equities. The$S&P 500 Index(.SPX.US)$slipped 0.5% to close Thursday at 5,399.22, while the tech-heavy$Nasdaq Composite Index(.IXIC.US)$declined 0.9...
Good afternoon, traders. Happy Thursday, July 25th. The market is turning sideways, but big tech is climbing back up after dropping Wednesday: earnings season is hurting stock gains enjoyed so far this year. My name is Kevin Travers, here are stories from the herd on Wall St today. $Ford Motor(F.US)$stock is moving 18% lower on Thursday after the company missed analyst EPS estimates for the 2024 fiscal year's second quarter. The co...
Bitcoin and Ether experienced declines as risk aversion spread to the crypto market following the worst$S&P 500 Index(.SPX.US)$drop since 2022. Ether, the second-largest cryptocurrency, fell about 7%, while Bitcoin dropped around 3%. The downturn in equities, particularly in technology shares, affected investor sentiment globally. New spot-Ether ETFs launched in the US, while the Grayscale Ethereum Trust converted to an ETF, leading...
“We do have a lot of uncertainty right now … Also, I would call it an air of skepticism in terms of what [artificial intelligence] can deliver in terms of profitability and productivity, at least in the near term. And the market right now is a very much in a ‘show me’ state and wants to see this happen or see proof on a more accelerated timeframe,” Yung-Yu Ma, chief investment officer for BMO Wealth Management, said on CNBC’s “Closing Bell.” There are healthy areas of the market, such as cruise...
104476495 : hi
104476495 : hi
Josh Massey : Hi
73153837 : Hello.
Mac Giraffe_5465 : It is a sad part to witness Ford’s earnings dropped tremendously despite their strong financial management.
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