Markets News, Oct. 20, 2026: Dow Closes Up 500 Points; S&P 500 Rises, Nasdaq Ticks Lower; Oil Prices Pull Back
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The Dow Jones Industrial Average and S&P 500 closed higher on a big day of corporate earnings reports,
Read MoreStock Market Today, Oct. 20: IREN Slides on Funding Worries and Rate Fears
IREN (NASDAQ:IREN), a vertically integrated AI cloud and data center operator, closed at $26.62, down 4.00%. Premarket funding worries and rate fears pressured the stock, while investors are watching AI data center financing and guidance next.
Trading volume reached 69.7M shares, coming in about 52% above its three-month average of 45.9M shares.
» Read more about: Stock Market Today, Oct. 20: IREN Slides on Funding Worries and Rate Fears »
Read MoreSmall-cap mutual funds: Should you pick funds with high index overlap? What one-year returns show
Investors choosing small-cap mutual funds may look at how closely a scheme’s portfolio resembles its benchmark to understand its investment strategy. But a comparison of all small-cap funds by Value Research shows that a higher portfolio overlap did not necessarily translate into better returns over the past year.
Axis Small Cap Fund had the highest portfolio overlap at 31.5%,
Why Tesla Stock Probably Won’t Get a Big Boost From the Roadster
Tesla (TSLA) CEO Elon Musk recently stated that the company’s upcoming EV, Roadster, will be “sentient.” Taking a look at Dictionary.com’s definition,
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Read MoreBloom Energy Is 44% Below Its June Record. Here’s the Number That Sank It After Earnings
Key Takeaways
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Bloom Energy fell 11% on Oct. 23 to close about 44% below its June 22 record,
The Burst
Smartest AI Stock to Buy Now
It’s easy to get caught up in the hype of Nvidia but perhaps the smartest stock to buy now is Alphabet (GOOGL). Across the gamut of products and services offered by Alphabet, a whole new world of revenues opens up when AI is factored in.
We delve in to explore just how large the opportunity is for Alphabet and potentially for shareholders over the next few years.
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Read MoreThe Ivy
What Oracle CEO Said 55 Hours Ago Will Shock You
I’m old enough to remember when Oracle was $13 per share in 2003 and by 2006 it was still $13 per share.
The company seemed as old and boring and stodgy as any tech company could become. It was almost like an IBM relic that would gather dust, selling software to enterprises and producing a boatload of cash flow but really doing nothing to excite investors or innovate.
» Read more about: What Oracle CEO Said 55 Hours Ago Will Shock You »
Read MoreThe Spotlight
Is Sea Limited The Next Amazon?
As one of the few trillion-dollar companies in history, many investors and traders wish nothing more than to be able to go back in time a decade to when Amazon stock sold for under $200 a share. As a matter of fact, it would be even better to go back two decades to when the company’s stock was barely over $10 a share.