Stocks fell sharply due to various factors including a 58.71% drop in the Defiance Daily Target 2x Short PLTR ETF, driven by strong gains in Palantir Technologies, which the ETF inversely tracks. AdaptHealth shares dropped 38.09% amid a legal investigation over financial guidance revisions, while Better Home & Finance Holding Company declined 36.74% as investors grew anxious ahead of its earnings report. Even positive news, like a new defense contract for Siren Nasdaq NextGen Economy ETF, couldn't prevent losses, highlighting diverse pressures affecting the market today.
Palantir reported a strong quarter with revenue up 93% year-over-year and net income tripling to $1.07 billion. The company also improved its profitability and raised its future outlook, despite its stock being down 29% for the year before the earnin...
US stocks surged with the Dow up 2% and the Nasdaq rising 2.4% after Treasury Secretary Scott Bessent indicated a potential deal with Iran to reopen the Strait of Hormuz, easing oil supply concerns and causing oil prices to fall over 5%. Palantir's s...
Palantir Technologies reported a remarkable 93% year-over-year revenue growth in Q2, significantly lifting the iShares Expanded Tech-Software Sector ETF (IGV) and the broader software sector. This strong performance, supported by robust forward guida...
The US is drafting a ban on importing Chinese optical transceivers to prevent security risks in data centers, causing shares of networking companies like Lumentum, Coherent, and Ciena to rise. CoreCivic secured a five-year contract with ICE to operat...
In Q2 2026, corporate earnings across the S&P 500 surged about 57%, more than double Wall Street's expected 23.6% growth, with 86% of companies beating estimates. Palantir Technologies and Alphabet reported significant earnings beats, with Alphabet's...
