Dow Jones Today: Stock Futures Point Sharply Lower; Palantir Leads Tech Share Declines
Stock futures pointed sharply lower Tuesday, with shares of Palantir Technologies leading declines even though the AI software firm reported strong quarterly results.
Futures associated with the tech-heavy Nasdaq, benchmark S&P 500, and blue-chip Dow Jones Industrial Average were down 1.3%, 1%,
Read MoreStock market today: Trade setup for Nifty 50, Q2 results, Groww IPO to gold prices – 8 stocks to buy
Stock market news: The Indian stock market on Tuesday saw a flat closing for the Nifty 50 index, while the Bank Nifty ended on a positive note, indicating a mixed but cautiously optimistic market mood. The Nifty 50 closed around the 25,763 mark, showing limited movement and reflecting investors’ cautious stance amid ongoing consolidation following strong gains last month.
Trump’s undeniable stock market victory that no one saw coming
One year after President Donald Trump’s reelection,
» Read more about: Trump’s undeniable stock market victory that no one saw coming »
Read MoreCathie Wood’s Ark Invest Adds $12M to Bullish Crypto Exchange Position
TLDR
- Ark Invest purchased $11.98 million in Bullish shares across ARKK, ARKW, and ARKF on Monday
- This follows Ark’s $172 million initial investment when Bullish debuted on NYSE in August
- Bullish stock has fallen 47.48% since going public and declined 22.45% over the past month
- The Peter Thiel-backed exchange launched U.S.
» Read more about: Cathie Wood’s Ark Invest Adds $12M to Bullish Crypto Exchange Position »
Read More1 Glorious Growth Stock to Buy Hand Over Fist Before 2026, According to Wall Street
Key Points
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This company is serving one of the biggest needs in the artificial intelligence market today.
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The tech player has reported double-digit growth in its AI business in recent quarters.
The Burst
Uber’s $1 Trillion Moonshot
Uber isn’t just about getting you from point A to point B anymore. It’s stealthily becoming one of the most powerful tech platforms of the next decade, and the lynchpin in that transformation is autonomy.
While most investors still think of Uber as a ride-hailing and food delivery app, under the hood, the company is evolving fast.
» Read more about: Uber’s $1 Trillion Moonshot »
Read MoreThe Ivy
4% Dividend + 12x Earnings = Blockbuster in the Making
Merck has long been a pillar of stability in the pharmaceutical world, thanks in large part to the staggering success of its cancer drug Keytruda. But behind that success lies a quietly growing concern of what happens when the patents expire?
In a move that could reshape its future, Merck just announced a $10 billion acquisition of Verona Pharma.
» Read more about: 4% Dividend + 12x Earnings = Blockbuster in the Making »
Read MoreThe Spotlight
When Will Walmart Join The Trillion Dollar Club?
At today’s $673 billion valuation, Walmart’s metrics track remarkably close to Microsoft’s pre-trillion phase, though through a distinctly retail-centric lens.
Where Microsoft achieved its milestone through software margins expanding from 28% to 35% over five years, Walmart charts its course through scale economics and business mix evolution, as evidenced by its operating margin expansion from 4.6% to 4.7% year-over-year.
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