Teradata, nCino, Appian, Wix, and Commvault Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
WillScot Mobile Mini, Lincoln Electric, Bel Fuse, ESAB, and Columbus McKinnon Shares Are Falling, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Array, Vicor, nLIGHT, Comfort Systems, and Concrete Pumping Shares Are Falling, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Bloom Energy, Redwire, FuelCell Energy, Flowserve, and Tutor Perini Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. The tech-heavy Nasdaq fell approximately 1.4% as a wave of caution swept through the market. A key example of this trend is Palantir Technologies, which saw its shares drop around 7% despite reporting record quarterly results that surpassed analyst estimates and raising its full-year revenue outlook. This seemingly contradictory movement highlighted a broader sentiment shift. Investors appeared to be engaging in profit-taking, concerned that the recent surge in AI-related stocks had led to stretched valuations. This broader market caution affected high-growth technology companies that had previously surged on AI optimism but faced increased scrutiny, signaling a potential cooling-off period for the sector.
Adding serious weight to this caution, leadership at both Goldman Sachs and Morgan Stanley highlighted the possibility of a correction in the equity markets over the next couple of years.
Despite the euphoria driven by AI optimism and the promise of future rate cuts, these banks viewed this cooling-off period not as a disaster, but as a necessary and healthy feature of a long-term bull market.
Novanta, Northwest Pipe, Hillman, ChargePoint, and L.B. Foster Shares Are Falling, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Vishay Precision, Stratasys, Gates Industrial Corporation, Rivian, and Tecnoglass Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. The tech-heavy Nasdaq fell approximately 1.4% as a wave of caution swept through the market. A key example of this trend is Palantir Technologies, which saw its shares drop around 7% despite reporting record quarterly results that surpassed analyst estimates and raising its full-year revenue outlook. This seemingly contradictory movement highlighted a broader sentiment shift. Investors appeared to be engaging in profit-taking, concerned that the recent surge in AI-related stocks had led to stretched valuations. This broader market caution affected high-growth technology companies that had previously surged on AI optimism but faced increased scrutiny, signaling a potential cooling-off period for the sector.
Adding serious weight to this caution, leadership at both Goldman Sachs and Morgan Stanley highlighted the possibility of a correction in the equity markets over the next couple of years.
Despite the euphoria driven by AI optimism and the promise of future rate cuts, these banks viewed this cooling-off period not as a disaster, but as a necessary and healthy feature of a long-term bull market.
AAON, EMCOR, Caterpillar, WESCO, and Quanex Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Ameresco, Advanced Energy, Vertiv, Rocket Lab, and American Superconductor Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Winnebago and Commercial Vehicle Group Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Asana, Elastic, Bandwidth, Domo, and 8x8 Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
UiPath, GitLab, DigitalOcean, Braze, and Twilio Shares Are Falling, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Rapid7, RingCentral, MongoDB, Unity, and Five9 Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Snowflake, PagerDuty, monday.com, Oracle, and HubSpot Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
SentinelOne, Confluent, Amplitude, Upland Software, and Samsara Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Amtech, Impinj, Nova, Himax, and Kulicke and Soffa Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after investors reassessed stretched valuations following a period of strong gains.
Allegro MicroSystems, Amkor, Entegris, Semtech, and Photronics Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after investors reassessed stretched valuations following a period of strong gains.
Qorvo, Intel, Micron, Seagate Technology, and Western Digital Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after investors reassessed stretched valuations following a period of strong gains. The tech-heavy Nasdaq fell as much as 1.6%, with the S&P 500 also declining.
Microchip Technology and onsemi Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after investors reassessed stretched valuations following a period of strong gains.
Xponential Fitness and Adtalem Stocks Trade Down, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. The tech-heavy Nasdaq fell approximately 1.4% as a wave of caution swept through the market.
WeightWatchers, Figs, Peloton, Levi's, and Gray Television Shares Are Falling, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. The tech-heavy Nasdaq fell approximately 1.4% as a wave of caution swept through the market.
Wynn Resorts, Funko, Caleres, E.W. Scripps, and Sonos Shares Are Falling, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Arlo Technologies, Kyndryl, CDW, Grid Dynamics, and Hewlett Packard Enterprise Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
Xerox, Magnite, Pitney Bowes, and PAR Technology Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
EchoStar, Mirion, Amphenol, Pure Storage, and Jabil Shares Plummet, What You Need To KnowA number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally.
