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Welcome to Daily Discussion! This is the place for you to share your trading ideas and win coins!
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Palantir (PLTR) Potential Reversal In Sight (Bullish)
Market Highlights π‘ - 24 April 2024
2.Here are the stocks mentioned by the above Tigers: $Palantir Technologies Inc.(PLTR)$ $Alphabet(GOOGL)$ $Alphabet(GOOG)$ $General Motors(GM)$ $Meta Platforms, Inc.(META)$ $Snap Inc(SNAP)$ (Not investment advice)
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Below are Today's Key Takeaways.
Top News Move the Market
Benchmark S&P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.
$Tesla Motors(TSLA)$ reported first-quarter adjusted earnings of 45 cents a share on revenue of $21.3 billion, missing analystsβ estimates that called for a profit of 49 cents a share on revenue of $22.2 billion. Net income in the quarter fell 55% from a year earlier to $1.1 billion, while revenue declined 9%. Operating profit margin in the period was 5.5%, below expectations of 6.6%. The stock, however, was rising 11% after the electric vehicle maker said it updated its βfuture vehicle lineup to accelerate the launch of new models,β including βmore affordable models.β
$Meta Platforms, Inc.(META)$ increased its spending estimates for the year and projected second quarter sales that were below Wall Streetβs expectations, once again raising questions about whether its futuristic technological bets will eventually pay off for investors. The shares tumbled more than 15% in extended trading. The stock was up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI.
$NVIDIA Corp(NVDA)$ on Wednesday said it has agreed to acquire Run:ai, a Tel Aviv-based provider of artificial intelligence computing workload management software. Shares of Nvidia fell over 3% on Wednesday.
Tiger Community TOP10 Tickers
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- nerdbull1669Β·04-25@Daily_Discussion Thank you for the mention and the coins!LikeReport