The S&P 500 is a market-capitalization-weighted index of 500 of the largest publicly traded companies in the United States. It covers a diverse range of industries including technology, finance, energy, and consumer goods. Launched in 1957 by Standard & Poor’s, it is considered one of the best representations of the overall U.S. equity market. The S&P 500 is widely used as a benchmark for mutual funds, ETFs, and institutional investors, and is often regarded as the most accurate reflection of U.S. corporate performance.
Shares of Corning Incorporated (NYSE:GLW | GLW Price Prediction) are down 12% to $145.61 in Monday afternoon trading after the company disclosed a $2 billion at-the-market equity distribution program. The selloff makes Corning the…
Shares of Netflix (NASDAQ:NFLX | NFLX Price Prediction) are climbing Monday afternoon after the streaming giant helped launch a new policy coalition focused on how digital platforms compete for live entertainment and sports rights.…
AeroVironment (NASDAQ:AVAV | AVAV Price Prediction) stock is up 6% to $155.22 midday Monday, extending a post-earnings recovery the rest of the drone group hasn’t joined. The move follows the defense contractor’s fiscal first-quarter…
GE Vernova (NYSE:GEV | GEV Price Prediction) stock is down 9% to $873.89 in midday trading Monday after GLJ Research initiated coverage with a Sell rating and a $470 price target. That target sits…
Bloom Energy (NYSE:BE) stock is down 8% to $253.72 midday Monday, as the artificial intelligence (AI) power bid unwinds days before the stock’s scheduled S&P 500 addition. The move interrupts a run that had…
Roblox (NYSE:RBLX | RBLX Price Prediction) stock is surging midday Monday after a Wall Street price target raise from an analyst who still won’t recommend buying the name. Roblox shares are up 10% to…
Shares of Caterpillar (NYSE:CAT | CAT Price Prediction) are down 4% to $783.15 in Monday trading, leading industrial names lower. The slide caps a rough stretch, with Caterpillar stock down 8% over the past…
CrowdStrike (NASDAQ:CRWD | CRWD Price Prediction) stock is up 12% to $232.08, Zscaler (NASDAQ:ZS) stock is rising 12% to $183.97, and Palo Alto Networks (NASDAQ:PANW) stock is jumping 11% to $366.40 in midday Monday…
Coinbase Global (NASDAQ:COIN | COIN Price Prediction) shares are up 6% to $185.34 Monday morning after Compass Point analyst Ed Engel upgraded the exchange operator to Neutral from Sell ahead of a scheduled Senate…
Chip equipment stocks are the center of Monday morning’s selling. Applied Materials (NASDAQ:AMAT | AMAT Price Prediction) stock is down 6% to $429.71, Lam Research (NASDAQ:LRCX) stock is falling 6% to $279.18, and ASML…
Hewlett Packard Enterprise (NYSE:HPE | HPE Price Prediction) stock is down 9% to $56.47 in early trading Monday after a Wall Street downgrade landed on top of a triple-digit run for the artificial intelligence…
ChargePoint Holdings (NYSE:CHPT) stock is up 38% year to date (YTD) and trades at $9.18 midday Friday, putting the EV-charging name within striking distance of $10. ChargePoint stock is up 46% over the past…
Deere and Caterpillar have each lapped the industrial sector by roughly four times over, yet the broader group never joined the party. Whether that narrowness is a warning sign or a competitive edge changes…
Nike shares have shed nearly half their value this year, yet the chart hides a detail that reframes whether this is a company in crisis or a category caught in a broader storm. The…
Seagate just gave back a chunk of its monster year-to-date run with no news attached, and the reason Micron is doing the opposite tells you everything about where the smart money actually sits in…