Shares of Palantir Technologies (NYSE: PLTR) tumbled 6% even after the company secured a coveted spot in the S&P 100 index. The drop came as a surprise to many investors who expected the milestone to drive a rally. Instead, the stock closed at $76.38, leaving traders wondering what’s causing the sell-off. Palantir Joins the S&P…

Shares of Chinese electric vehicle maker NIO Inc. (NYSE: NIO) climbed 5.1% despite a wave of analyst downgrades and reports that institutional investors have been reducing their stakes in the company. The stock closed at $4.44, signaling investor optimism even as Wall Street remains skeptical. Wall Street Turns Bearish on NIO Several major financial institutions…

Stock markets took a major hit as uncertainty surrounding President Trump’s economic policies rattled investor confidence. The Dow Jones Industrial Average tumbled more than 890 points, shedding over 2% in a single day. The S&P 500 and Nasdaq followed suit, falling 2.7% and 4%, respectively, erasing much of the market’s recent gains. The sharp decline…

As fears of a stock market downturn grow, Wall Street may have a powerful tool to fight off further losses—a staggering $1 trillion safety net that could stabilize markets and prevent a deeper sell-off. In times of economic uncertainty, investors look for signals that could stop the bleeding in the stock market. While inflation concerns,…

In a move that signals growing concerns over the U.S. economy, Citigroup has downgraded its recommendation on American stocks, citing rising risks of a recession. Meanwhile, the bank has turned more optimistic about China’s market, upgrading its outlook for the country’s equities. The decision reflects growing volatility in U.S. markets, where major indexes have taken…

US stock futures rose on Tuesday, indicating the start of a comeback after another harsh sell-off as investors’ concerns about economic growth worsened. Futures for the S&P 500 (ES=F) and the Dow Jones Industrial Average (YM=F) both climbed by roughly 0.3%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.5%. On Monday, the three major…

Delta Air Lines is facing turbulence—this time, in the stock market. The airline’s shares took a nosedive after announcing a downward revision in its profit forecast for the first quarter of 2025. Investors reacted swiftly, plummeting Delta’s stock by nearly 13% in after-hours trading. Lower Profit Expectations Delta had previously projected strong revenue growth of…

Stock markets across Asia took a hit today as fears of a slowdown in the U.S. economy sent investors scrambling for safer assets. The uncertainty pushed the Japanese yen to a five-month high against the U.S. dollar, reflecting a growing sense of caution in global financial markets. Markets in Decline Japan’s Nikkei 225 index dropped…

The “Magnificent Seven” stocks were at the heart of another sell-off that hammered the US stock market on Monday. Nvidia (NVDA), Tesla (TSLA), Alphabet (GOOG, GOOGL), Amazon (AMZN), Meta (META), Apple (AAPL), and Microsoft (MSFT) all saw share price declines, with Tesla losing 15% to lead the way. Five of the seven megacaps fell by…

Citigroup Inc (C) reduced its position on US shares while upgrading China to overweight, highlighting the widening gap in the outlook for the world’s top two economies. “US exceptionalism is at least pausing” for the coming few months, Citi’s strategists, including Dirk Willer, its global head of macro research and asset allocation, said in a…