Palantir, MicroStrategy, Axon Stocks Fall on Their First Day in Nasdaq 100
Shares of Palantir Technologies, MicroStrategy, and Axon Enterprise traded lower in their first day on the Nasdaq 100 index.
Shares of Palantir Technologies, MicroStrategy, and Axon Enterprise traded lower in their first day on the Nasdaq 100 index.
(Bloomberg) -- Volatile weather and the US bird-flu outbreak are making the upcoming holiday menu more expensive as the price of coffee, cocoa and eggs soar. Meanwhile, OPEC expects oil demand to climb in 2025, driven by China, India and other Asian nations. Electricity use also is rising, with a key North American agency revising its projections significantly upward. Also revised higher is demand for coal, contrary to earlier estimates that said its use peaked last year.Most Read from Bloomberg
(Bloomberg) -- Wall Street is taking its cues from the Federal Reserve, forecasting short-term US Treasury yields to fall in 2025 despite the looming threat of President-elect Donald Trump’s trade and tax policies on the bond market.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Mo
Wall Street's main indexes were mixed at the start of a holiday-shortened week on Monday, after a stopgap government funding bill averted a partial shutdown and investors braced for a slower pace of rate cuts from the U.S. central bank next year. At 09:45 am ET, the Dow Jones Industrial Average fell 132.48 points, or 0.32%, to 42,704.92, the S&P 500 gained 1.04 points, or 0.01%, to 5,931.36, and the Nasdaq Composite gained 57.63 points, or 0.31%, to 19,630.23. Most heavyweight megacap and growth stocks gained, with Nvidia adding 1.6% and Meta Platforms up 1.4%, buoying the S&P 500 and the tech-heavy Nasdaq.
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Apple’s (AAPL) artificial intelligence rollout could drive demand for the iPhone 16 this holiday season — and send the tech giant’s market value to a new record high.