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US stocks: Dow, S&P 500 close at record highs as AI earnings impress, oil prices tumble
Stock markets soared to all-time highs on Tuesday, fueled by stellar earnings from corporations. AI-focused entities like Palantir and the esteemed Caterpillar delivered eye-popping results. The drop in oil prices and Treasury yields created a favorable backd…
Stocks Rally, Oil Drops after Bessent Signals Iran Deal on Hormuz
Plus, Palantir shares surge and the AI trade roars back.
Palantir Leads the Way as Wall Street Hits New Records
The US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased. The S&P 500 rose 136.02 points, or 1.8%, to 7,736.52, and the main measure of Wall Street's health topped its prior all-time high set a...
Wall Street Is Paying Attention to Palantir (PLTR) Again
Palantir Technologies Inc. (NASDAQ:PLTR) soared by 29.45 percent on Tuesday to close at $162.66 apiece, after reporting a stellar earnings performance that e...
Trading Day: The only way is up
ORLANDO, Florida, Aug 3 : World stocks leaped to record highs on Tuesday, boosted by a relentless stream of strong U.S. and global earnings, with another slump in oil prices on Middle East peace hopes pushing down on bond yields and boosting investor sentimen…
Wall Street Is Paying Attention to Palantir (PLTR) Again
Palantir Technologies Inc. (NASDAQ:PLTR) soared by 29.45 percent on Tuesday to close at $162.66 apiece, after reporting a stellar earnings performance that exceeded analyst expectations and posting a highly optimistic outlook that signaled its AI-driven softw…
Jim Cramer says this investing mistake is costing you big gains
CNBC's Jim Cramer warned that staying out of the market because of fear is costing investors big gains.
Louis Navellier sees uncommon August rebound after Palantir blowout
Notable earnings came from Palantir (PLTR), which took some air out of the short seller’s narrative that AI is going to replace all software stocks. For a while, that worry hurt Microsoft (MSFT). But between Microsoft's recent beat from monetizing OpenAI and …
SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally
Asian technology stocks rallied on Wednesday after Wall Street's record-setting session fueled optimism around artificial intelligence and growth stocks.
Palantir Shares Surge 20% After ‘Otherworldly’ Earnings Report
Treasury Secretary Scott Bessent said there was a chance the U.S. could announce a deal with Iran to reopen the Strait of Hormuz ...
Palantir funnels earnings to US to avoid European taxes, report finds
A new study finds that Palantir, which boasts of high profit margins in the U.S., barely scrapes a margin in Europe, which helps slash its tax bill.
US stock market hits record high amid hopes for Strait of Hormuz reopening
Oil prices fall as US officials tout progress in talks to reopen critical waterway.
Tech back in fashion as Asian markets extend rebound
Strong earnings and positive forecasts from market heavyweights including Amazon, Microsoft and data-mining giant Palantir have injected fresh interest in tech, helping overcome worries about massive spending on AI. The post Tech back in fashion as Asian mark…
South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloff
South Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled by record highs on Wall Street led by AI earnings, easing oil prices amid US-Iran peace deal talks, and strong fundament…
Global Market: Japan's Nikkei jumps over 3% as AI stocks rally, upbeat earnings lift sentiment
Japan’s Nikkei surged over 3%, led by AI-related stocks tracking Wall Street’s overnight rally. Strong corporate earnings and upgraded forecasts further lifted sentiment, while softer oil prices and lower US Treasury yields also supported markets amid hopes o…
Dow Surges 900 Points, S&P 500 Closes Above 7,700 as Oil Falls on Iran Deal Hopes
Stocks closed at records Tuesday, Aug. 4, as the Dow Jones Industrial Average surged 907.47 points and the S&P 500 finished above 7,700 for the first time, according to CNBC. The Dow rose 1.71% to 54,085.88, while the S&P 500 gained 1.79% to 7,736.52 and the …
Palantir Is Winning: Rapid AIP Adoption, Margin Expansion, Soaring FCF
Software analytics company Palantir (PLTR) had another record-breaking quarter in Q2'26, driven by accelerating adoption of its Foundry platforms and AIP, Palantir's Artificial Intelligence Platform. Because Palantir crushed top and bottom line estimates for …
This 2x Palantir ETF Lost $3,400 on Every $10,000 Invested Over One Year
The post This 2x Palantir ETF Lost $3,400 on Every $10,000 Invested Over One Year appeared first on 24/7 Wall St.. Palantir (NASDAQ:PLTR) stock is essentially flat over the past year. The 2x leveraged ETF that tracks it is down a third. Welcome to the math of…