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Mhg,,gbm,vk,mvkg,,h,vg,g, ,k m ,h,mv, MG,vm m ,o g

Post-Bell｜Dow Closes at Record High; This AI Search Company Tanked 24%

The Dow notched a record high close on Thursday in mixed trading following robust U.S. economic data, while artificial intelligence chipmaker Nvidia dropped after its largely in-line forecast failed t

Post-Bell｜Dow Closes at Record High; This AI Search Company Tanked 24%

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The S&amp;P 500 index ended barely changed at 5,591.96 points, just below its July record high close as expectations for a September interest rate cut remained robust. The Nasdaq declined 0.23% to 17,516.43 points.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e988ab5bfbe5801c4f3d9b66520b56fb\" title=\"\" tg-width=\"959\" tg-height=\"154\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>Ulta Beauty</strong> — The beauty products retailer saw its shares fall nearly 7% after missing top and bottom line expectations in the second quarter. Ulta’s earnings came out at $5.30 per share, while analysts polled by LSEG expected $5.46 per share. Revenue was $2.55 billion, also falling short of analysts’ forecast of $2.61 billion. The company also trimmed its full-year outlook.</p><p><strong>MongoDB</strong> – Shares of the database company rose nearly 13%. 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Analysts polled by LSEG anticipated 38 cents per share in earnings and $1.40 billion in revenue.</p><p><strong>Lululemon Athletica</strong> — Shares of the athletic apparel retailer added 6% after the company posted better-than-expected earnings but lackluster revenue for the second quarter. Lululemon reported earnings of $3.15 per share on revenue of $2.37 billion. Analysts polled by LSEG called for earnings of $2.93 per share on revenue of $2.41 billion.</p><p><strong>Elastic NV</strong> – Shares of the artificial intelligence search company tanked 24%. Elastic issued a weak outlook for fiscal second-quarter revenue, forecasting $353 million to $355 million, compared to analysts’ estimate of $361 million, per LSEG. Full-year revenue guidance was also soft. 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The S&amp;P 500 index ended barely changed at 5,591.96 points, just below its July record high close as expectations for a September interest rate cut remained robust. The Nasdaq declined 0.23% to 17,516.43 points.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e988ab5bfbe5801c4f3d9b66520b56fb\" title=\"\" tg-width=\"959\" tg-height=\"154\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><strong>Ulta Beauty</strong> — The beauty products retailer saw its shares fall nearly 7% after missing top and bottom line expectations in the second quarter. Ulta’s earnings came out at $5.30 per share, while analysts polled by LSEG expected $5.46 per share. Revenue was $2.55 billion, also falling short of analysts’ forecast of $2.61 billion. The company also trimmed its full-year outlook.</p><p><strong>MongoDB</strong> – Shares of the database company rose nearly 13%. MongoDB issued strong fiscal third-quarter guidance, forecasting adjusted earnings of 65 cents to 68 cents per share on revenue of $493 million to $497 million. Analysts polled by LSEG expected 60 cents per share in earnings and $479 million in revenue.</p><p><strong>Dell Technologies</strong> — Shares jumped 3.6% after the tech company handily beat quarterly expectations. Dell reported fiscal second-quarter adjusted earnings of $1.89 per share, beating analysts’ expectations of $1.71 per share, according to LSEG. Its revenue of $25.03 billion also surpassed analysts’ forecast of $24.53 billion.</p><p><strong>Marvell Technology</strong> — The semiconductor company jumped over 7%. Marvell issued fiscal third-quarter guidance that was ahead of analysts’ expectations, calling for adjusted earnings of 40 cents per share on revenue of $1.45 billion. Analysts polled by LSEG anticipated 38 cents per share in earnings and $1.40 billion in revenue.</p><p><strong>Lululemon Athletica</strong> — Shares of the athletic apparel retailer added 6% after the company posted better-than-expected earnings but lackluster revenue for the second quarter. Lululemon reported earnings of $3.15 per share on revenue of $2.37 billion. Analysts polled by LSEG called for earnings of $2.93 per share on revenue of $2.41 billion.</p><p><strong>Elastic NV</strong> – Shares of the artificial intelligence search company tanked 24%. Elastic issued a weak outlook for fiscal second-quarter revenue, forecasting $353 million to $355 million, compared to analysts’ estimate of $361 million, per LSEG. Full-year revenue guidance was also soft. Fiscal first-quarter results topped Wall Street’s expectations, however.</p><h2 id=\"id_3378142872\">Market News</h2><p><strong>Elon Musk, Tesla win dismissal of lawsuit claiming they rigged dogecoin</strong></p><p>Elon Musk and his electric vehicle company Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping the cryptocurrency dogecoin and conducting insider trading, causing billions of dollars of losses.</p><p>The decision was issued on Thursday night by U.S. District Judge Alvin Hellerstein in Manhattan.</p><p>Investors accused Musk of using Twitter posts, a 2021 appearance on NBC&#39;s &#34;Saturday Night Live&#34; and other publicity stunts to trade profitably at their expense through several dogecoin wallets that he or Tesla controlled.</p><p><strong>Apple, Nvidia in talks to join OpenAI funding round, media reports say</strong></p><p>Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising round that could value the ChatGPT maker above $100 billion, according to media reports on Thursday.</p><p>The Wall Street Journal first reported on Apple&#39;s interest, citing sources, while Bloomberg News reported on Nvidia&#39;s potential involvement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168036400","content_text":"The Dow notched a record high close on Thursday in mixed trading following robust U.S. economic data, while artificial intelligence chipmaker Nvidia dropped after its largely in-line forecast failed to impress investors.Market SnapshotThe Dow Jones Industrial Average rose 0.59% to 41,335.05 points, an all-time closing high. The S&P 500 index ended barely changed at 5,591.96 points, just below its July record high close as expectations for a September interest rate cut remained robust. The Nasdaq declined 0.23% to 17,516.43 points.Market MoversUlta Beauty — The beauty products retailer saw its shares fall nearly 7% after missing top and bottom line expectations in the second quarter. Ulta’s earnings came out at $5.30 per share, while analysts polled by LSEG expected $5.46 per share. Revenue was $2.55 billion, also falling short of analysts’ forecast of $2.61 billion. The company also trimmed its full-year outlook.MongoDB – Shares of the database company rose nearly 13%. MongoDB issued strong fiscal third-quarter guidance, forecasting adjusted earnings of 65 cents to 68 cents per share on revenue of $493 million to $497 million. Analysts polled by LSEG expected 60 cents per share in earnings and $479 million in revenue.Dell Technologies — Shares jumped 3.6% after the tech company handily beat quarterly expectations. Dell reported fiscal second-quarter adjusted earnings of $1.89 per share, beating analysts’ expectations of $1.71 per share, according to LSEG. Its revenue of $25.03 billion also surpassed analysts’ forecast of $24.53 billion.Marvell Technology — The semiconductor company jumped over 7%. Marvell issued fiscal third-quarter guidance that was ahead of analysts’ expectations, calling for adjusted earnings of 40 cents per share on revenue of $1.45 billion. Analysts polled by LSEG anticipated 38 cents per share in earnings and $1.40 billion in revenue.Lululemon Athletica — Shares of the athletic apparel retailer added 6% after the company posted better-than-expected earnings but lackluster revenue for the second quarter. Lululemon reported earnings of $3.15 per share on revenue of $2.37 billion. Analysts polled by LSEG called for earnings of $2.93 per share on revenue of $2.41 billion.Elastic NV – Shares of the artificial intelligence search company tanked 24%. Elastic issued a weak outlook for fiscal second-quarter revenue, forecasting $353 million to $355 million, compared to analysts’ estimate of $361 million, per LSEG. Full-year revenue guidance was also soft. 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