Investors are concerned with future stock performance over the next one, five, or 10 years. While most Wall Street analysts will calculate 12-month forward projections, it is clear that nobody has a consistent crystal ball, and plenty of unforeseen circumstances can render even near-term projections irrelevant. 24/7 Wall St. aims to present some further-looking insights based on CrowdStrike's own numbers, along with business and market development information that may be of help with your own research.
For the Nasdaq Composite, if it can hold onto its momentum, it will mark weekly gains for the tech-heavy index. The Dow Jones Industrial Average is on pace for its third straight win, while the S&P 500 is looking to close above the psychologically sensitive 6,800 level. Most all sectors of the economy are trading in the green today. Year to date, the Nasdaq Composite has advanced by 20% as the AI trade continues to drive the market cycle.