KGWV · U.S. MARKET INTELLIGENCE
AI application software stocks surged broadly amid reports that Workday is being acquired. Cloudflare and MongoDB rose more than 6%, while Palantir and Salesforce gained more than 4%. AppLovin and ServiceNow climbed more than 3%. The iShares Expanded Tech-Soft…
Reddit shares rose more than 10% in after-hours trading. The company was added to the S&P 500 index, Cailian Press reported.
CME's FedWatch tool puts the probability that the Federal Reserve will leave interest rates unchanged by September at 65.2%, while assigning a 34.8% probability to a cumulative 25-basis-point rate hike. By October, the probability of unchanged rates falls to 5…
U.S. stock indexes closed higher. The S&P 500 gained 50.49 points, or 0.65%, to 7,798.99. The Dow Jones Industrial Average rose 69.72 points, or 0.13%, to 53,885.10. The Nasdaq Composite advanced 214.54 points, or 0.81%, to 26,803.03. The Nasdaq 100 rose 1.15%…
Workday shares closed 18% higher, marking the stock’s best single-day performance since 2016.
A document shows that AMD has finalized the pricing terms for a $4.75 billion senior unsecured notes offering divided into four tranches.
Applied Materials reported third-quarter adjusted earnings per share of $3.50, compared with expectations of $3.42. The stock fell 3% in after-hours trading.
Reddit is set to be added to the S&P 500 index. The source does not provide a date for the inclusion.
The Nasdaq Golden Dragon China Index closed down 1.89%.\n\nAmong popular Chinese stocks, JD.com fell 7.31%, PDD Holdings dropped 5.46%, KE Holdings declined 2.64%, Alibaba Group fell 2.44%, H World Group slipped 1.79%, Li Auto lost 1.60%, Trip.com Group fell 1…
Citi’s U.S. consumer credit card business announced that it has reached an agreement to acquire Kard Financial, Inc.