Dow Jones Gains As Tesla, Palantir Pop; Cathie Wood Snaps Up This AI Stock Amid 35% Plunge (Live Coverage)

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The Dow Jones Industrial Average was strongest amid a broad rally for all three major indexes Monday. Palantir Technologies (PLTR) soared while Tesla (TSLA) led the Magnificent Seven on the stock ...

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Palantir Technologies (PLTR) soared while Tesla (TSLA) led the Magnificent Seven on the stock ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-palantir-technologies-cathie-wood-ai-stock/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jones Gains As Tesla, Palantir Pop; Cathie Wood Snaps Up This AI Stock Amid 35% Plunge (Live Coverage)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones Gains As Tesla, Palantir Pop; Cathie Wood Snaps Up This AI Stock Amid 35% Plunge (Live Coverage)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-10 00:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-palantir-technologies-cathie-wood-ai-stock/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average was strongest amid a broad rally for all three major indexes Monday. Palantir Technologies (PLTR) soared while Tesla (TSLA) led the Magnificent Seven on the stock ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-palantir-technologies-cathie-wood-ai-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"L","symbol_name":"洛斯公司","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/dow-jones-sp500-nasdaq-palantir-technologies-cathie-wood-ai-stock/","article_id":"2466113295","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2021/11/Stock-CathieWoods-company-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2466113295","pubTimestamp":1725897918,"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"The Dow Jones rallied on the stock market today. Palantir stock soared on its S&P 500 nod. Cathie Wood snapped up a plunging AI stock.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"L":"洛斯公司","ARKK":"ARK Innovation ETF","PLTR":"Palantir Technologies Inc.","AAPL":"苹果","OEF":"标普100指数ETF-iShares","AMZN":"亚马逊","IVV":"标普500指数ETF","MTG":"MGIC Investment Corp","GOOGL":"谷歌A","RSP":"平均加权指数ETF-Rydex S&P","TSLA":"特斯拉","COIN":"Coinbase Global, Inc.","TEM":"Tempus AI","VOO":"Vanguard标普500ETF","TSLL":"Direxion Daily TSLA Bull 2X Shares",".SPX":"S&P 500 Index","OEX":"标普100","BK4551":"寇图资本持仓","BK4122":"互联网与直销零售","FFTY":"Innovator IBD 50 ETF","SDS":"两倍做空标普500ETF","NVDA":"英伟达","MARA":"Marathon Digital Holdings Inc","SSO":"两倍做多标普500ETF","RXRX":"Recursion Pharmaceuticals, Inc.","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","3NVD.UK":"LS 3X NVIDIA","ERIE":"伊瑞保险","MSFT":"微软","GD":"通用动力","TTD":"Trade Desk Inc.","TYL":"泰勒科技","SPY":"标普500ETF","GRAL":"GRAIL, Inc.","TEM.AU":"TEMPEST MINERALS LTD","META":"Meta Platforms","2NVD.UK":"2X NVIDIA ETP","TWST":"Twist Bioscience Corp","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC"},"translate_title":"特斯拉、Palantir流行，道琼斯指数上涨；Cathie Wood在暴跌35%的情况下抢购了这只人工智能股票（现场报道）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GD":1,"RSP":1,"RXRX":1,"MTG":1,"TEM":1,"GRAL":1,"TEM.AU":1,"FFTY":1,"ERIE":1,"TSLL":1,"TYL":1,"TWST":1,"TTD":1,"ARKK":1,"PLTR":0.95,"SPY":0.9,"VOO":0.9,"TSLA":0.9,"NVDA":0.8,"MARA":0.7,"AAPL":0.7,"COIN":0.7,"META":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,"MSFT":0.6,".SPX":0.6,"L":0.6,"IVV":0.6,"GOOGL":0.6,"ESmain":0.6,"AMZN":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6},"content_text":"The Dow Jones Industrial Average was strongest amid a broad rally for all three major indexes Monday. Palantir Technologies (PLTR) soared while Tesla (TSLA) led the Magnificent Seven on the stock market today. And famed investor Cathie Wood snapped up a plunging artificial intelligence stock.\n\n\n\n↑\nX\n\n\n\n\nWant To Snag A 10-Bagger Stock Like Nvidia? Here's How One Trader Did It.\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nWant To Snag A 10-Bagger Stock Like Nvidia? Here's How One Trader Did It.\n\n\n\n\nAfter a hard fall Friday, stocks tried to fight back, with the Dow industrials gaining more than 500 points amid strength in blue chips. This equates to a gain of 1.4%. Boeing (BA) was the strongest member of the index as it rallied 4% after reaching a labor deal that averted a potential strike.\nThe Nasdaq composite rose 1.1% but remains well below its key 50-day moving average. Grail (GRAL) was among the top performers here as it jumped more than 6%.\nThe S&P 500 was also solid with a gain of 1.2%, but also trades below its 50-day line. Moderna (MRNA) was shining here thanks to a lift of 6%. The Invesco S&P 500 Equal Weight (RSP) exchange traded fund rose more than 1% amid broad gains.\nMonday's move came after the S&P 500 suffered its worst week in more than a year. The Nasdaq had its worst week since 2022.\nStock Market Today: Consumer Discretionary Stocks Shine\nAnother plus for the stock market today was the fact that the S&P 500 sectors were all positive. Financials and industrials fared best. Technology and communication services made the slimmest gains.\nSmall caps struggled to keep up with the major indexes, but the Russell 2000 still managed to climb 0.6%.\nGrowth stocks fared better, with the Innovator IBD 50 (FFTY) exchange traded fund soaring more than 2%. It was off its scorching initial gains though. The fund is rooted below its 200-day moving average.\nTesla Stock, Nvidia Lead Magnificent Seven\nThe so-called Magnificent Seven stocks were having mixed fortunes Monday. Tesla stock was out in front as it rallied nearly 3%. But it remains below its 50-day moving average after falling below the benchmark Friday.\n\nAI play Nvidia was also solid here, rising around 2%. The Leaderboard stock, which has an ideal EPS Rating of 99, is above its 200-day moving average but lags the 50-day line.\nAmazon.com (AMZN) climbed more than 2% while Meta Platforms (META) and Microsoft (MSFT) each recorded gains of just under 1%.\nBut Apple (AAPL), which is expected to unveil its new iPhone 16 models and some other products at its Glowtime event at 1 p.m. ET, was down slightly. It was down 0.3%, but was off session lows. Apple stock trades just below its 50-day moving average and lags a consolidation entry of 237.23, MarketSurge analysis shows.\nGoogle parent Alphabet (GOOGL) struggled even more, falling nearly 1%.\nBitcoin Rallies, Crypto Stocks Gain\nBitcoin has been hit amid broad weakness, but rallied Monday. It was up nearly 2% as it traded at just over the $55,000 per coin level, according to CoinDesk. The digital currency retains a solid year-to-date gain of more than 24%.\nCryptocurrency stocks also made up some ground. Crypto exchange play Coinbase Global (COIN) jumped more than 3%, but sits more than 23% below its 200-day moving average amid recent negative action.\nFormer IBD 50 member CleanSpark (CLSK) rallied more than 5%, but its 50-day moving average has now fallen below its 200-day line, a bearish signal known as the death cross. Fellow bitcoin miner Riot Platforms (RIOT) rose more than 3% on the stock market today\nMarathon Digital (MARA) was shining, rallying more than 8%. But it resides within the bottom 16% of stocks in terms of price performance over the past 12 months.\n\n10:51 a.m. ET\nCathie Wood Snaps Up Tempus AI Stock Amid Plunge\nSome adventurous investors would have seen last week's pullback as a buying opportunity. That was the case with ARK Invest Chief Executive Cathie Wood, who snapped up Tempus AI (TEM) stock on Friday,\n\nHer firm, where she also serves as chief investment officer, snapped up more than 111,000 shares in Tempus for the ARK Innovation (ARKK) ETF on Friday.\nTempus, which had its initial public offering in June, boasts an IBD Composite Rating of 45. The IPO stock has been residing in the top 10% of issues in terms of price performance over the past 12 months. But at Friday's close the stock had fallen 35% from its high of 77, reached on Aug. 22. Shares plunged more than 11% in morning action Monday.\nThe ARKK fund also bought nearly 89,000 shares in Recursion Pharmaceuticals (RXRX) but sold more than 50,000 Trade Desk (TTD) shares and sold a tiny sliver of Twist Bioscience (TWST) stock.\nStock Market Today: Palantir Pops Amid S&P 500 Nod\nA trio of stocks were rallying on the stock market today amid news they will join the vaunted S&P 500.\nPalantir Technologies surged nearly 12% and now sits well above its 50-day moving average. The AI stock currently holds a best-possible Composite Rating of 99 from Investor's Business Daily. It has rebounded since getting support at its 200-day moving average on Aug. 5.\nComputer hardware play Dell Technologies (DELL) rallied nearly 4% on news of its inclusion in the benchmark index. However it still trades near its 200-day line. Its EPS Rating of 57 out of 99 is poor.\nThe third to join the list, insurance carrier Erie Indemnity (ERIE), was up nearly 4% on the stock market today. Shares are well extended after previously hitting their 20% profit target from a 411.72 entry.\nThree Stocks Show Strength Near Entries\nWhile the stock market action has been challenging of late, another trio of stocks are showing strength near buy points. Tyler Technologies (TYL), General Dynamics (GD) and MGIC Investment (MTG) are each moving toward near entries.\n\nTyler Technologies is near a flat-base buy point of 593.50, according to MarketSurge analysis. This is a second-stage base, which still counts as early.\nAll-around performance is strong for the information technology management play, which is reflected in the stock's IBD Composite Rating of 93 out of 99. Tyler is in the top 6% of issues in terms of price performance over the past 12 months.\nGeneral Dynamics is eyeing a flat base entry of 302.75. This is also an early stage pattern. The stock has an Earnings Per Share Rating of 84 out of 99. Analysts see earnings jumping 21% this year and rising a further 13% next year.\nGeneral Dynamics is a member of the highflying Aerospace/Defense industry group. Big Money has been snapping up shares lately, with its Accumulation/Distribution Rating coming in at B-.\nFinally, MGIC Investment has also formed a flat base. The potential entry point here sits at 25.93. The relative strength line sits at fresh heights on its weekly chart, MarketSurge analysis shows.\nThe mortgage insurance stock boasts a Composite Rating of 93. On the stock market today, it sits among the top 7% of issues in terms of price performance over the last 12 months.\nPlease follow Michael Larkin on X, formerly known as Twitter, at @IBD_MLarkin for more analysis of growth stocks.\nYOU MAY ALSO LIKE:\nHow Wall Street, Silicon Valley See Their Fate Under Trump Or Harris\nThese Are The Five Best Stocks To Buy And Watch Now\nStock Market Forecast: AI Investing And Four More Predictions\nJoin IBD Live Each Morning For Stock Tips Before The Open\nThis Is The Ultimate Warren Buffett Stock, But Should You Buy It?","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2466113295"}