Stock market today: Dow, S&P 500, Nasdaq slide as rising bond yields maintain pressure, tech stocks retreat
In interviews with Bloomberg on Tuesday, JPMorgan’s global chair of investment banking and the co-heads of Goldman Sachs’ international business said the uncertainty around artificial intelligence and the conflict in Iran haven’t done much to dent rosy outlooks on Wall Street.
Even as the war in Iran has stymied global energy markets,
Read MoreThe market powerful enough to sway stocks and Trump is rumbling again
By STAN CHOE, AP Business Writer
NEW YORK (AP) — The bond market is usually a quiet corner of Wall Street, one where moves get measured in hundredths of a percentage point. But the warning signals it sends can be powerful enough to drag stock markets up and down and in the past have even convinced President Donald Trump and other world leaders to back off some of their most extreme actions.
» Read more about: The market powerful enough to sway stocks and Trump is rumbling again »
Read MoreWarren Buffett said 90% of his wife's inheritance will go into a single investment. Here's why and how you can do it too
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Legendary investor Warren Buffett has generated substantial returns for the shareholders of his company, Berkshire Hathaway. From 1964 to 2023, Berkshire delivered an overall gain of 4,384,748% (1).
Given that astonishing track record,
Legendary investor Jeremy Grantham says AI is the only thing that's prevented a recession and a market crash
The US economy would have tumbled down a difficult path were it not for AI, Jeremy Grantham says.
The GMO founder and investing legend issued a cautious message on the state of the US economy and markets last week.
Read MoreUS Stock Market Today: NASDAQ and S&P 500 Climb Ahead of NVIDIA Earnings, Oil Prices Pull Back
The NASDAQ Composite rose 0.43% to 25,981.68, outperforming the Dow Jones Industrial Average which gained 0.07% to 49,396.51 and the S&P 500, which climbed 0.25% to 7,373.20.
Technology shares drove the market higher, with NVIDIA (NVDA.O) up 0.7% ahead of its earnings release. Marvell Technology advanced 7.8%,
Read MoreThe Burst
Is Archer Aviation the Next Breakout Stock?
Palantir Technologies (NYSE: PLTR) has become one of the most talked-about names in artificial intelligence and not just because of its work with governments and Fortune 500s.
Investors have started to view a Palantir partnership as something of a credibility stamp. So when the company joined forces with a lesser-known player like Archer Aviation (NYSE: ACHR),
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Read MoreThe Ivy
From Market Darling to Punchline and Back Again?
Every few years, investors rediscover Plug Power (NASDAQ: PLUG) and wonder if the long-suffering hydrogen pioneer is finally about to turn the corner. Today, it’s officially a penny stock, which means under $5 per share technically.
And that’s a painful reminder that, adjusted for reverse splits, Plug’s pre-dot com IPO price of $150 feels almost mythical compared to where the stock sits today.
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Read MoreThe Spotlight
The Pet Care Powerhouse Flying Under Wall Street’s Radar
With the S&P 500 having advanced by about 23.7% year-to-date, deals among large-cap companies appear few and far between.
One stock that may be attractive, however, is Idexx Laboratories (NASDAQ:IDXX). This company specializes in veterinary diagnostic devices as well as poultry and livestock testing, among other animal-care essentials. Idexx also makes water testing supplies to monitor and maintain water quality.
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