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Why Palantir Stock Led the S&P 500 Higher Today

Key Takeaways Palantir Technologies shares surged on Tuesday after Ark Capital said software companies could have more room to benefit from the AI boom. A managing director from Ark indicated that data analytics and software firms like Palantir are poised to take AI market share from the mega-capitalization tech giants. …

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What China’s fading stock rally could mean for investors

The recent surge in Chinese stocks hit the pause button on Tuesday after Beijing failed to roll out another large stimulus package, a surprise to investors hoping to add more fuel to the unprecedented rally. Hong Kong’s benchmark Hang Seng Index (^HSI), which is loaded with large Chinese stocks, dropped …

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Why Nvidia Stock is Rising Again Tuesday, Nearing Record High

Sam Yeh / AFP / Getty Images Nvidia CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024. Nvidia (NVDA) stock rose on Tuesday after Foxconn, the world’s largest contract electronics manufacturer, touted strong demand for artificial intelligence servers. Executives at Foxconn—officially named …

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