Dow, Inflation and Stock Market
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The White House warned late Friday in a social-media post that fresh inflation data next month may not emerge because of the ongoing government shutdown. The stock market cheered Friday's release of a mild September reading of the consumer-price index,
The company delivered impressive performance in the second quarter of fiscal 2026 (ended July 31). Revenue jumped 32% year over year to $1.1 billion. While not yet profitable, the company had $6.9 billion in remaining performance obligations (RPO) at the end of the quarter. This implies strong revenue visibility for the future years.
Wall Street is getting a buzzy new AI data center stock soon, but investors looking for Nvidia-like returns may want to look elsewhere.
Shares of Palantir are trading lower Wednesday morning amid overall tech stock weakness, and moving against a backdrop of recent strategic validation and partnership news.
Iren is one of several artificial intelligence infrastructure stocks that rose quickly on faith that AI spending will continue to soar. Signs of a bubble in that sector had investors selling earlier this week.
AMD stock popped today following news that International Business Machines sees uses for the company's chips in quantum computing applications. The company's share price also got a boost from better-than-expected inflation data.