Previous close | 9.50 |
Open | 9.50 |
Bid | 8.20 |
Ask | 8.30 |
Strike | 14.00 |
Expiry date | 2024-10-18 |
Day's range | 9.50 - 9.50 |
Contract range | N/A |
Volume | |
Open interest | 116 |
Shares of Palantir Technologies (PLTR) fell sharply during Tuesday's trading session after reporting its first quarter earnings results. Despite surpassing revenue estimates by posting $634.34 million, beating the projected $615.85 million, the company's weaker-than-expected full-year outlook cast a shadow over its performance, weighing heavily on shares. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
U.S. stock indexes rose on Tuesday, on track for a fourth straight positive session fueled by renewed expectations that the Federal Reserve will cut interest rates this year, despite declines in Walt Disney shares weighing on overall market gains. Walt Disney fell 9.8%, on track for its biggest percentage fall since November 2022, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office. Despite Disney's drag, the three main U.S. stock indexes were trading at a more than three week high after a weaker-than-expected labor market report last week fueled bets that the U.S. central bank will cut rates.
Palantir posts better-than-expected first-quarter earnings, Walt Disney beats quarterly earnings estimates but the stock slumps, and Peloton surges on a report that private-equity firms have been considering a buyout of the at-home fitness company.