OpenAI, Amazon and Stock Market
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Stock market today: Dow, S&P 500, Nasdaq futures sink after tech sell-off, AMD slides after earnings
US stock futures dropped Tuesday night following a rough trading session that saw all three major averages close deeply in the red. On the data front, traders will look to the ADP private payrolls report on Wednesday for clues about the labor market,
Given these high growth rates, Palantir has a stretched valuation, trading at trades at 248 times the adjusted earnings-per-share expected for the next 12 months, and 88 times forward sales. The stock is up 174% this year, versus a 16% rise for the S&P 500 index.
In the penultimate quarter before Warren Buffett is set to step down as CEO, Berkshire sold over $6 billion in common stock.
One year after President Donald Trump’s reelection, the US stock market continues to notch record highs. The S&P 500 has gained 19.6% over the past 12 months, boosted by strong corporate earnings and investors’ enthusiasm about artificial intelligence.
Uber Technologies delivered strong Q3 results with EPS and revenue beating estimates and robust growth in gross bookings and trips. Learn more on UBER stock here.
Fresh off hitting a record high, analysts and investors are figuring where -- and how high -- Amazon goes from here. While the path forward is always risky, the retail giant's stock is still historically cheap by several key measures.
Blackstone shares are now at the seventh day of an ongoing losing streak, accumulating total losses of -9.3% during this timeframe
Norway’s $1.9 trillion dollar sovereign-wealth fund voted against Elon Musk’s trillion-dollar pay package. That could make some investors nervous.