The inventory current market is in its longest stretch without the need of a 2% offer-off considering that the economical crisis

The inventory current market is in its longest stretch without the need of a 2% offer-off considering that the economical crisis


Crucial Points
  • The S&P 500 has long gone 377 times without the need of a 2.05% market-off.
  • That is the longest extend for the benchmark given that the wonderful financial disaster, according to FactSet facts compiled by CNBC.
  • This market lull arrives as traders pile into megacap tech shares, this kind of as Nvidia, amid bets that artificial intelligence will raise revenue.



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Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more

Check out the companies making headlines in extended trading. Affirm — Stock in the buy now, pay later company pulled back nearly 8%. Affirm issued fiscal fourth- quarter revenue guidance ranging between $815 million and $845 million, with a midpoint of $830 million. That’s short of the consensus estimate of $841 million, per LSEG. Pinterest […]

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Check out the companies making headlines in midday trading. AppLovin — The mobile ad tech company jumped 12% after first-quarter results that beat analyst expectations. AppLovin also announced it would sell its mobile gaming business in a $400 million deal. Carvana — Shares jumped more than 11% after the online used car marketplace posted better-than-expected […]

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Stocks making the biggest moves premarket: Shopify, AppLovin, Peloton, Tapestry and more

Check out the companies making headlines in premarket trading. Shopify — Shares of the commerce technology platform dove 8.7% even after first-quarter revenue came in at $2.36 billion, beating the FactSet consensus estimate of $2.33 billion. Shopify had risen 20% over the past month, and its full year guidance set operating expenses at 39%-40% of […]

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