US stocks closed higher; Technology leads while Consumer Staples lags
- S&P 500+0.3%
- Nasdaq 100+0.6%
- Dow-0.4%
- Russell 2000+0.2%
Chip stocks rallied, per CNBC, as the S&P 500 snapped a three-day skid on Election Day.
Chip stocks rallied, per CNBC, as the S&P 500 snapped a three-day skid on Election Day.
Per Bloomberg, the Nasdaq 100 fell 1.5% as AI trade shows new cracks, and per Kiplinger the Nasdaq dropped on Alphabet's rare double miss.
Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) shares are down about 13% this morning, trading near $283, after third-quarter results disappointed. CNBC reported the stock was on course for its biggest post-earnings drop…
Bank of America clients are fleeing communication services stocks at a pace not seen since the sector existed, and the fund most exposed to the fallout just broke below a critical price…
Citi’s new Buy rating and a reported investment from Tesla (NASDAQ:TSLA | TSLA Price Prediction) CEO Elon Musk haven’t been enough to steady Skydance (NYSE:SKYD) shares. Skydance stock is trading at $7.33,…
Engagement doubts are outweighing an earnings beat at Netflix (NASDAQ:NFLX | NFLX Price Prediction), and the selling is spreading across streaming and media stocks. Netflix stock is at $63.54, down 4% in…
A revenue shortfall is eclipsing a quarter of strong subscriber gains at Verizon Communications (NYSE:VZ | VZ Price Prediction), and the market is siding with the top line. Verizon stock is at…
A Q3 2026 earnings beat on October 20 hasn’t repaired the damage at Netflix (NASDAQ:NFLX | NFLX Price Prediction), where softer advertising and revenue guidance overshadowed the headline numbers and sent the…
A report that SpaceX (NASDAQ:SPCX | SPCX Price Prediction) wants access to 80,000 U.S. cell sites is hitting every major national wireless carrier at once. Shares of T-Mobile (NASDAQ:TMUS) fell 5% to…
A third-quarter subscriber count that exceeded its own guidance has put Spotify Technology (NYSE:SPOT | SPOT Price Prediction) at the front of a soft media group. Spotify stock is at $579.49, up…
A sharp retracement is lifting Skydance (NYSE:SKYD) after its warrants began trading separately. This bounce is coming while the rest of the media group drifts lower. Skydance shares are up 10% to…
A quarter that topped forecasts and lifted the profit outlook isn’t protecting AT&T (NYSE:T | T Price Prediction), whose shares are falling harder than those of its biggest wireless rivals. AT&T stock…
A Q4 2026 revenue forecast that fell short of Wall Street’s expectations is overshadowing an earnings beat at Netflix (NASDAQ:NFLX | NFLX Price Prediction), and a string of lowered analyst targets is…
The steep post-merger slide in Skydance (NYSE:SKYD) shares is taking a pause. Shares of Skydance are up 5% to $7.15 this afternoon, a rebound that breaks a stretch of sustained selling. That…
A leadership shake-up in its content division is weighing on Netflix (NASDAQ:NFLX | NFLX Price Prediction) shares, one day after the streaming giant cut jobs. Netflix stock is down 3% to $70.35…
Skydance Corporation (NYSE:SKYD) stock is regaining ground as a selloff tied to a warrant adjustment blows over. Skydance stock is up 5% to $7.42, recovering part of the drop that hit when…
Skydance (NYSE:SKYD) stock is sinking sharply in morning trading as its shares begin changing hands without the right to a recently issued warrant. The drop looks dramatic on a quote screen. Yet,…