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Why Palantir Stock Is Sinking This Week
Key PointsPalantir stock is falling even though the company reported strong Q3 results this week. Concerns about AI valuations and macroeconomic dynamics are driving the pullback. News that Michael Burry's hedge fund has bet against the stock is also impacting Palantir's valuation. 10 stocks we like...
The Motley Fool
Fri, Nov 7
U.S. STOCKS ON THE MOVE-Akamai Technologies, Enbridge, KKR
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street's main indexes extended losses to a second session on Friday, and were set for weekly declines, as concerns about the economy and sky-high valuations in the technology sector...
Reuters
Fri, Nov 7
AI Blockchain Project Near Protocol Surges 38% Friday, but Not for the Reason You May Think
Key PointsAI-forward blockchain project Near Protocol has seen significant volatility in its token price in recent days.Investors appear to be pulling back on valuations that have skyrocketed in recent months, with concerns around future profitability.However, Near Protocol's Intent layer appears to...
The Motley Fool
Fri, Nov 7
Ethereum Ends the Week Strong, but Not Strong Enough to Avoid a 5% Drawdown
Key PointsEthereum's speed and transaction costs have been a pain in the side of investors for years.An upcoming upgrade intends to at least partially solve for some of these core issues.In the meantime, worries around market share gains or losses have some investors on the sidelines willing to wait...
The Motley Fool
Fri, Nov 7
LIVE MARKETS-S&P 500 earnings beat rate still at highest since 2021
US equity indexes lower; Nasdaq down ~1.1%Comm csrv weakest S&P 500 sector, energy best performerDollar down; gold, crude up; bitcoin gains ~1.5%US 10-Year Treasury yield edges down to ~4.07% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share...
Reuters
Fri, Nov 7
Where Will Micron Technology Stock Be in 1 Year?
Key PointsMicron Technology stock has nearly tripled in value this year.The stock trades at a modest valuation.The spending in AI data centers is a growth opportunity for Micron.10 stocks we like better than Micron Technology › Micron Technology (NASDAQ: MU) has been one of the best-performing semic...
The Motley Fool
Fri, Nov 7
Trump Media falls after wider Q3 loss, declining sales
Shares of Truth Social owner Trump Media and Technology DJT.O fall 3.6% to $12.85 after co reports wider Q3 lossDJT posts Q3 loss of $54.8 mln, from a loss of $19.25 mln a year earlier Co reports a 3.8% decline in Q3 net sales to $972,900DJT also reports impact from legal expenses of $20.3 mln relat...
Reuters
Fri, Nov 7
Acadia Healthcare falls after brokerages cut PT on stock
Shares of healthcare firm Acadia Healthcare ACHC.O fall 5.9% to $19.1At least 4 brokerages, including Barclays, Stepehens, Deutsche Bank and UBS, cut PT on stock after co lowered its FY forecasts late Wednesday Barclays cut its PT to $17 from $20, Stephens cut its PT to $23 from $28, DB cut its PT t...
Reuters
Fri, Nov 7
The "Original Ethereum" Ethereum Classic Surges 28% Friday, Trouncing Ethereum. Here's Why.
Key PointsProof-of-work blockchain projects appear to be coming back into vogue with a vengeance.Ethereum Classic has seen strong trading activity in recent days, coupled with even stronger investor demand for its token.Let's dive into what's driving this outsize interest in ETC today.10 stocks we l...
The Motley Fool
Fri, Nov 7
Why QuantumScape Stock Soared Another 50% in October to a 52-Week High
Key PointsQuantumScape reported its first-ever customer billings, paving the way for first revenue.QuantumScape's anchor customer, Volkswagen, will begin field testing of QSE-cell Ducati motorcycles in 2026.The commercialization of its solid-state battery technology could attract more customers and ...
The Motley Fool
Fri, Nov 7
Street View-Monster Beverage rises on successful Q3, new launches
Shares of Monster Beverage MNST.O up 5.2% at $69.77 in afternoon tradingMonster Beverage beat revenue and profit estimates helped by resilient demand for its sugar- free energy drinks amid economic uncertaintyAt least 7 brokerages raised PT after results this ThursdayMedian PT of 24 brokerages is $7...
Reuters
Fri, Nov 7
What Is One of the Best Tech Stocks to Buy Now?
Key PointsAlphabet's stock price has more than doubled since hitting a 52-week low in April.Alphabet is competitively positioned in the cloud market due to its world-class artificial intelligence (AI) infrastructure.10 stocks we like better than Alphabet › Share prices of Google parent Alphabet (NAS...
The Motley Fool
Fri, Nov 7
BofA raises Datadog PT on strong AI-driven security demand
BofA Global Research raises cloud security firm Datadog's DDOG.O PT to $215 from $180, maintains rating at "buy"New PT a 12.7% premium to stock's last closeThe company on Thursday forecast Q4 profit and revenue above estimates, betting on surging demand for its cloud-security product...
Reuters
Fri, Nov 7
Why Micron Stock Rocketed 34% Higher in October
Key PointsMicron's profits are booming as demand for DRAM outpaces supply.DRAM supply will get tighter next year, pushing prices up further.While Micron stock looks cheap, the memory chip industry is cyclical and prone to downturns.10 stocks we like better than Micron Technology › Shares of memory c...
The Motley Fool
Fri, Nov 7
Why EverCommerce Stock Is Plummeting Today
Key PointsEverCommerce's Q3 earnings were in line with expectations, but sales missed Wall Street's target. The company lowered its full-year sales forecast. While the business increased its adjusted EBITDA target for the year, investors aren't impressed in light of a weakening sales base. 10 stocks...
The Motley Fool
Fri, Nov 7
Why Is BigBear.ai Holdings Stock Plummeting This Week?
Key PointsAI stocks across the board are getting hit hard this week as investors react to troubling economic news.BigBear.ai's valuation is weighing on the stock.10 stocks we like better than BigBear.ai › Shares of BigBear.ai Holdings (NYSE: BBAI) are falling this week, down 21.2% as of 12:38 p.m. E...
The Motley Fool
Fri, Nov 7
LIVE MARKETS-Investor optimism wanes in latest week - AAII
US equity indexes lower; Nasdaq down ~1.5%Comm csrv weakest S&P 500 sector, cons staples best performerDollar, crude down; gold up; bitcoin gains ~1.3%US 10-Year Treasury yield edges down to ~4.07% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can...
Reuters
Fri, Nov 7
Why Progyny Stock Is Soaring Today
Key PointsProgyny's third-quarter results were exceptional.Sales grew by 9% and were up by 23% on an adjusted basis, accounting for the loss of a major customer last year.Progyny's best-in-class benefits continue to generate strong retention rates among its clients.10 stocks we like better than Prog...
The Motley Fool
Fri, Nov 7
GLOBAL MARKETS-Stocks extend recent fall on AI rally fears, US yields dip
Asian markets hit by negative China export dataSentiment shifting for AI rallyWall Street stocks sharply lowerBy Caroline Valetkevitch NEW YORK, Nov 7 (Reuters) - Major stock indexes extended sharp declines on Friday, with the Nasdaq on track for its biggest weekly percentage decline since Ma...
Reuters
Fri, Nov 7
Why Block Stock Is Plummeting Today
Key PointsBlock's sales and earnings missed Wall Street's targets in the third quarter.Revenue performance came in far weaker than expected.Block raised its full-year gross profit target, but higher costs in other areas and weak sales growth are driving sell-offs.10 stocks we like better than Block ...
The Motley Fool
Fri, Nov 7
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