"The markets are mixed out of the gate as bulls and bears wrestle for control. The Nasdaq Composite is being pressured lower this morning, while the S&P 500 and Dow Jones Industrial Average attempt to go their own way. Precious metals remain on a wild ride, with the gold price headed back toward the $5,000/ounce level. The Nasdaq Composite is up 0.78% year-to-date."
"Palantir Technologies ( Nasdaq: PLTR) is soaring by 10% today on the heels of its better-than-expected Q4 earnings print, beating Wall Street estimates on both the top and bottom lines. The software wonder also forecasts robust full-year revenue growth of 60%. Baird analysts lifted their rating on the stock to "outperform" from "neutral" with a price target of $200 attached."
"PayPal ( Nasdaq: PYPL) is a drag on the Nasdaq Composite, shaving off nearly 20% of its value in today's session amid a C-suite shakeup and lackluster earnings. Here's a look at where things stand as of morning trading: Dow Jones Industrial Average: 49,598.97 Up 191.31 (+0.39%) Nasdaq Composite: 23,541.17 Down 54.07 (-0.23%) S&P 500: 6,976.01 Down 1.68 (-0.02%) Market Movers"
Markets opened mixed as bulls and bears compete for control, with the Nasdaq Composite pressured lower while the S&P 500 and Dow Jones Industrial Average diverge. Gold remains volatile and the price is moving back toward $5,000 per ounce. Palantir Technologies jumped 10% after beating Q4 estimates and forecasting 60% full-year revenue growth; Baird upgraded the stock to outperform with a $200 target. PayPal fell nearly 20% amid a C-suite shakeup and disappointing earnings. Piper Sandler added Microsoft to top ideas. Rocket Companies rallied 9% on soaring mortgage loan volume, Disney named Josh D'Amaro as CEO, and Teradyne gained 11.2% on AI-driven demand.
Read at 24/7 Wall St.
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