CLOSING BELL
U.S. Markets
  • S&P 500-0.34%
  • Dow Jones Industrial Average-0.20%
  • Nasdaq Composite-0.58%

Tech took the brunt of it again: the Nasdaq's 0.58% slide was nearly triple the Dow's loss, a split that keeps widening as hotter inflation data pushes December rate hike odds higher. Growth multiples are the first thing to crack if yields keep climbing.

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APPSDigital Turbine
Regular session
$7.07
-13.04%off the open $8.13

A day after Digital Turbine's Q2 FY2027 earnings beat, the stock is giving back 13% from its $8.13 open to $7.07.

Before the movelast 24 hours
  1. Earnings release

    Digital Turbine Q2 FY2027 earnings beat

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NVIDIA Fallout, Anthropic IPO and Hot CPI Hit Markets

  • Panel calls Nvidia's slide quant-driven, not fundamental, with analyst targets barely moving and Microsoft retaking the market cap lead
  • Josh Brown: AI isn't one trade, pointing to Amazon up 17% year to date against Nvidia's decline
  • Anthropic marketing its IPO at $70-$78 for a $1.4T valuation, oversubscribed, with AMD, Nvidia and Microsoft in the placements
  • Claude's new Sheets, Whiteboards and Meetings tools knocked Microsoft and other software names lower on the spot

Anthropic going public at a $1.4 trillion target while shipping office software makes Microsoft both an investor in and a target of its own holding. Nvidia is in buyback blackout until its November earnings report, so it cannot defend itself as hot CPI lifts the two-year yield.