Palantir, Wall Street and Stock Plunges
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CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned that equity markets could be heading toward a drawdown, underscoring growing concerns over sky-high valuations.
Live Updates Live Coverage Updates appear automatically as they are published. Updates will appear here as they are published. Most of the major indices are in the red this morning. Dow futures are up about 41 points.
Even though Berkshire Hathaway has lagged behind the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.
And right now, Wall Street forecasts suggest investors should buy one glorious growth stock hand over fist before 2026. Let's check it out.
The stock market marked its biggest decline in nearly a month after Wall Street shed highflying technology stocks. The S&P 500 dropped 1.2%. The Nasdaq Composite slid 2%. Both marked their biggest daily declines since Oct.
Stocks fell on Wall Street, pulled down by losses in the same big tech companies that have been the main drivers of the market's rally so far this year.
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US: Wall Street ends higher as solid data, strong earnings offset valuation concerns
NEW YORK] US stocks rebounded on Wednesday as jitters over inflated tech stock valuations abated and upbeat earnings and better-than-expected economic data fueled investors’ risk appetite. Read more at The Business Times.
Palantir stock sold off after earnings despite solid results, while comments from bank CEOs have raised concerns about a more severe pullback.
Evercore analyst Julian Emanuel has outlined a base-case scenario in which the S&P 500 reaches 7,750 in 2026, which implies nearly 13% upside from its current level of 6,875. But he says the stock market could do something extraordinary next year under the right conditions.
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Andrew Ross Sorkin on worrying similarities between Wall Street today and 1929's pre-crash market
DealBook founder and Squawk Box co-host Andrew Ross Sorkin takes a look at the crash of 1929 in his new book. He tells 60 Minutes what may it may indicate about today's stock market.