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Below are Today's Key Takeaways.
Top News Move the Market
U.S. stocks ended modestly higher on Wednesday and the S&P 500 notched its second straight all-time closing high as investors scrutinized the minutes from the Federal Reserve's January policy meeting and digested U.S. President Donald Trump's tariff plans.
Quantum computing stocks jumped. SEALSQ Corp up 12%; D-Wave Quantum Inc., Quantum Computing up around 8%; Rigetti Computing rose 5%. Microsoft Corp. announced its first quantum computing chip, a major step in the companyβs effort to produce devices that might someday solve problems beyond the reach of modern computers.
Palantir Technologies Inc. shares fell 10% on Wednesday, and continued to slide in after-hours trading, following a report that US Defense Secretary Pete Hesgeth plans to slash military spending.
Grab Holdings shares fell 11% in after-hours trading. The company predicted full-year revenue that trailed estimates, suggesting caution around a Southeast Asian ride-hailing and food delivery market where GoTo Group remains a formidable rival.
Super Micro Computer shares jumped another 8% on Wednesday. The shares spiked 16.5% on Tuesday, exactly one week before its February 25 deadline to file its 2024 annual report, along with its quarterly reports for the September 2024 and December 2024 periods. The shares have soared 32% last week.
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πππ Bet on Alibaba U.S Stock Movement and Win Tiger Coins!
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Betting on Alibaba U.S. stocks rising and falling today(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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