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Palantir and Amazon are two of the most popular artificial intelligence (AI) stocks, but Wall Street analysts are bearish on ...
PM Eastern, the S&P 500 fell 1.2%, the Dow Jones Industrial Average fell 1%, and the Nasdaq Composite fell 1.6%.
The Nasdaq rides a 5-day winning streak and is +17.2% in Q2 — its best performance since Q2 2020 — while the S&P 500 is up 4 of 5 sessions. The Dow remains -2.7% from fresh all-time highs.
Two companies have recently seen their stock prices head higher on optimism about the future growth in AI spending. Palantir ...
Helped by higher advertising and a growing user base on its social media platforms, Meta earned $18.34 billion in the quarter ...
The Nasdaq advanced 153.78 points or 0.7 percent to 20,884.27, the S&P 500 climbed 33.66 points or 0.5 percent to 6,297.36 and the Dow rose 229.71 points or 0.5 percent to 44,484.49.