Previous close | 11.47 |
Open | 8.80 |
Bid | 8.40 |
Ask | 8.50 |
Strike | 14.00 |
Expiry date | 2024-11-15 |
Day's range | 8.80 - 8.80 |
Contract range | N/A |
Volume | |
Open interest | 63 |
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
The S&P 500 and Dow Jones Industrial Average both clung onto gains to close higher on Tuesday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve will cut interest rates this year. The advances pushed the S&P 500 to a fourth straight higher close, and its best winning run since March. For the Dow , it is now on its longest positive run since December 2023, gaining for the fifth session in a row.
Wall Street experienced a quiet session during morning trading on Tuesday, influenced by a lack of significant economic data and minimal updates on earnings from major large-cap companies. Traders largely disregarded the latest hawkish comments from Minneapolis Fed President Neel Kashkari, who noted progress on inflation seen in the latter half of 2023 had stalled and mentioned the Federal Reserve might raise rates if inflation becomes persistent. Kashkari also revealed he initially predicted tw