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Dow drops over 300 points amid a tech stock rout
Stock market today: Wall Street slips as the 'Magnificent 7' weighs down the market
Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size.
Stocks slip as the 'Magnificent 7' tech firms weigh down the market
Stocks closed lower as Wall Street ended a holiday-shortened week on a down note. The S&P 500 fell 1.1% Friday and the the Dow Jones industrial average lost0.8%.
Stock market today: Dow drops over 300 points amid a tech stock rout
The tech-heavy Nasdaq Composite fell 1.58% while the S&P 500 lost 1.12%. The Dow Jones shed 333 points to end the day.
Tech Slide Weighs on U.S. Stocks
Apple stock has 26% upside
Apple stock has 26% upside as its AI strategy unlocks a 'new era' of growth, Wedbush says
Dan Ives' supply chain checks indicate that consumers like Apple's AI strategy, suggesting that the iPhone 16 cycle could be "a historical one."
Apple Stock Hits All-Time High Thursday as Analyst Sees 'Golden Era of Growth' With AI
Apple shares closed at an all-time high Thursday after Wedbush analysts raised their price target for the stock, telling clients they expect the iPhone maker could be headed for a "golden era of growth" driven by demand for artificial intelligence.
Apple Stock Price Target Gets Boost as AI-Driven Growth ‘Renaissance’ Approaches
Apple is on the cusp of an artificial-intelligence-fueled “golden era of growth,” Wedbush analysts argued Thursday as they raised their price target on shares of the tech giant. The analysts increased their price target to $325,
15h
Intel Stock Downside Of $10?
The surge in demand for GPU chips for AI applications - an area where Intel has a relatively limited presence - has also hurt ...
13h
The stock market slumped today. Why is the 'Santa rally' over?
Investors became gloomy on Friday, threatening to derail a long winning streak for stocks, as inflation remained high.
14h
on MSN
Stock market today: Indexes slip as bond yields disrupt holiday gains
US stocks slumped Friday morning after a decent run across the holiday-shortened week. Investors have pared back gains after ...
Money Morning
11h
Palantir Stock Surges 350% in 2024, Crushing NVIDIA: Here’s Why It’s Just Getting Started
Newly minted highs of nearly $85 per share will be far in the rearview mirror as Palantir strikes its way towards a price ...
8h
Stock market today: Dow, S&P, Nasdaq slide on Big Tech losses, but weekly gains hold
Despite the negative day, the S&P 500 logged a weekly gain of 1.8%. The Nasdaq also posted a win of 1.8%, while the Dow ...
15h
What's Happening With HSBC Stock
HSBC’s stock (NYSE: HSBC) has gained 32% YTD as compared to the 27% rise in the S&P500 index over the same period. This ...
13h
The year’s hottest Massachusetts stock? GE is in the name, and AI is the game.
Despite a setback when one of its wind turbines broke on its Vineyard Wind project, General Electric’s energy businesses are ...
7h
on MSN
Amazon.com Inc. stock underperforms Friday when compared to competitors
Shares of Amazon.com Inc. shed 1.45% to $223.75 Friday, on what proved to be an all-around poor trading session for the stock ...
1d
Stock futures inch down, but major averages are on pace for weekly gains: Live updates
Futures tied to the Dow Jones Industrial Average shed 50 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures dipped 0.16% ...
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