Wall Street, Palantir and crypto stocks
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Stock index futures pared earlier gains on Friday, a day after Wall Street witnessed a red day, driven by concerns about the labor market. S&P 500 futures (SPX), Nasdaq 100 futures (US100:IND), and Dow futures (INDU) were all flat.
Stocks fell on Wall Street, pulled down by losses in the same big tech companies that have been the main drivers of the market's rally so far this year.
The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," has bounced back above 20 on Friday as investors fret about still-high stock-market valuations and the possible economic fallout from what has become the longest government shutdown in U.
US stocks tumbled Thursday as concerns mounted about expensive tech stocks and a risk-off sentiment spread through markets after new data showed a bleak outlook for the job market.
Johnson Associate predicted chunkier pay-outs last year after the US economy began to roar back into life after three years of COVID-inspired, debt-laden economic malaise
U.S. stocks pushed lower on Friday, amid an AI-tech trade that continued to decline, fears about a deteriorating labor market, and the ongoing U.S. government shutdown. The major indexes are on track to post losses this week.
Driving Netflix's soaring stock price was impressive operating results. Over the past decade, Netflix's revenue has climbed an impressive 538%, fueling a 5,800% increase in net income. This, in turn, fueled a stock price that surged 922% (as of this writing), setting the stage for its much-ballyhooed stock split.