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Stock Market Today: Dow Jumps 225 Points On Surprise Jobs Data; AMD Reverses Higher (Live Coverage)
The Dow rose 0.5%, or about 225 points, while the S&P 500 scaled higher by 0.4%. The Nasdaq composite gave back some of its gains but still ended the day up 0.7%. The Nasdaq got a lift from Advanced Micro Devices AMD, which reversed higher by 2.5% after an initial, post-earnings pullback.
The stock market rally has already defied expectations this year, shrugging off geopolitical strife, economic uncertainty and global trade tensions to reach fresh record highs. Some analysts say the rally might just be getting started.
Roku ( ROKU 2.27%) shares plunged immediately after the company reported its Q3 earnings report, only to furiously rally after the market opened. After the roller coaster ride, the stock now finds itself up about 45% on the year, as of this writing.
The megabank has lowered interest payments through refinancings and has increased productivity by investing heavily in AI technology.
US stocks advanced modestly on Wednesday as investors awaited the Federal Reserve’s latest policy decision and a series of major technology earnings. The S&
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Wall Street execs say the AI stocks dominating the market will soon be split into winners and losers
The days of all stocks relating to AI rising indiscriminately could be numbered.
Here are some of the stocks making notable moves in Friday's premarket action: Comfort Systems stock are climbing 18% after the ventilation and electrical services [posted a jump in third-quarter earnings.
At least three other analysts lowered their price target on the stock, though the market's reaction was more muted to those updates.
The fintech juggernaut’s stock plunged after weak guidance, a sharp slowdown in its Clover platform and mounting investor unease over customer losses.
As all eyes turn to the fourth quarter, analysts will be looking for $1.32 in adjusted earnings per share on revenue of $9.2 billion, according to the FactSet consensus. When it comes to graphics processing units for the data center,
Last week Share prices slid, with the main index closing below the 6,000-point mark, mainly due to trade tensions between the United States and China, geopolitical uncertainties, as well as the lack of local catalysts.
Stocks rose on Wall Street on Wednesday (November 5) as more US companies turned in their latest quarterly reports and several economic updates shed some light on the US economy. The S&P 500 rose 0.4%.