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Stock market today: Stocks slide after GDP report prompts inflation, growth concerns

Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.

The News-Gazette · 47m

Stock market today: Wall Street falls on double dose of disappointing economic data, as Meta sinks

Stocks are falling on worries about a potentially toxic cocktail for financial markets, one where inflation remains stubbornly high but the economy’s growth flags. A sharp drop for Meta Platforms,

Reuters on MSN · 4h

Wall St drops as Meta Platforms, economic data weigh

U.S. stocks were sharply lower on Thursday, dragged down by growth stocks after dour quarterly results from Meta Platforms, while signs of persistent inflation dampened hopes of the Federal Reserve cutting interest rates anytime soon.

Dow Jones, Caterpillar

Investopedia · 7h

Dow Jones Today: Stock Futures Tumble as Meta Earnings Drag Down Tech

U.S. stock futures fell in premarket trading on Thursday after Meta spooked investors with its AI spending plans, raising concerns about what awaits when Microsoft and Google report after the bell.

Barron's · 1h

Stock Market News: Dow, S&P 500 Fall Sharply

Stocks came off session lows as market volatility calmed down following a firm print on inflation. The Dow Jones Industrial Average was down 480 points, or 1.2%. The S&P 500 was down 1%. The Nasdaq Composite led the losses, down 1.3%. All three indexes were off their worst levels of the day.

Investor's Business Daily on MSN · 36m

Dow Jones Cuts Losses After Plunging 700 Points, Stock Market Pounded As Meta, Caterpillar Plunge; Gold Price Edges Up

The Dow Jones index plunged 1.8% and near its session low. The blue chip average has seen its 2024 gains wither to less than 0.3%. Just two of the 30 stocks rose 1 point or more: defensive plays UnitedHealth and Merck in the health-care space. Nine others dropped 4 points or more in the price-weighted Dow. Continue reading

Rubrik, NYSE

Wall Street Journal · 3h

Rubrik Stock Jumps on First Day of Trading

Shares of Rubrik rose on their first day of trading Thursday, rising above the cybersecurity company's $32 IPO price. The stock opened trading Thursday afternoon at $38.60, according to Dow Jones Mark

Reuters on MSN · 1h

Microsoft-backed Rubrik's stock jumps 21% in NYSE debut

Rubrik's shares climbed nearly 21% in their debut on the New York Stock Exchange on Thursday, giving the Microsoft-backed cybersecurity firm a valuation of $6.77 billion. The startup joins a list of companies that have seen strong debuts recently as initial public offerings (IPOs) bounce back on hopes of a soft landing for the economy,

MarketWatch on MSN · 3h

Rubrik’s stock pops 20% in IPO debut

The cybersecurity company offered 23.5 million shares in its IPO to raise $752 million. Rubrik, founded in 2013, specifically focuses on data security. The company sees opportunities to help customers access and monitor their data,

Snap's Earnings Are Nearly Always a Wild Ride

Snapchat’s parent Snap is set to report quarterly results after the market closes on Thursday. The stock has a track record of wild reactions to quarterly results. Snap stock is down nearly 34% this ...

24/7 Wall St2h

Sell Any Rally Now and Grab These Passive Income Dividend Kings

The stock market has been on a massive roll since last October. The S&P 500 and the Nasdaq finished the first quarter up over ...

First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop

First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on ...

Markets Today: Earnings Are Failing To Impress Traders, Dow Jones Flirting With Critical Levels

European and US futures are trading lower on the second last day of the week as traders and investors digest the current earnings’ season while keeping a close eye on the economic data, which is very ...

Investor's Business Daily on MSN7h

Dow Jones Futures Fall As Meta Dives On Guidance; Chipotle Eyes Buy Point

The rally attempt paused Wednesday as Nvidia reversed lower. Meta, Chipotle and ServiceNow led key earnings late.

22h

American Airlines Group Inc. stock underperforms Wednesday when compared to competitors

Shares of American Airlines Group Inc. shed 2.18% to $13.92 Wednesday, on what proved to be an all-around mixed trading ...

Kiplinger on MSN23h

Stock Market Today: Stocks Run Out of Steam Ahead of Meta Earnings

Following a solid start to the week, stocks spent most of Wednesday struggling for direction. However, a mid-afternoon burst ...

Investor's Business Daily on MSN1d

Dow Jones Futures: Stock Market Rallies, But Big Tests Loom; Tesla Jumps On Affordable EV, Elon Musk

Dow Jones futures were little changed after hours, while S&P 500 futures and Nasdaq futures rose slightly. Tesla jumped despite bleak earnings as it said an "affordable" EV is coming soon. Elon Musk ...

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