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Snowflake's stock soars toward a record gain after an earnings beat, a raised outlook and a $6 billion commitment to expand its collaboration with Amazon's AWS.
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Shares of Zscaler were headed for a record one-day decline of more than 31% after the cybersecurity company shocked investors with a downbeat revenue outlook.
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Dow rises nearly 200 points to new record close as oil retreats on Iran truce optimism: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq post record highs as oil prices drop Yahoo FinanceStock Market Today: Chip Stocks Pare Recent Gains; Oil Drops on Hopes of Mideast Deal — Live Updates WSJS&P 500, Nasdaq muted as investors await Mideast peace deal progress Reuters
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Shares of travel names Delta, United and MGM were among the S&P 500's biggest gainers on Wednesday. But one strategist called the market's optimism misplaced.
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S&P 500, Nasdaq futures jump as oil falls, Micron continues epic run: Live updates CNBCStock market today: S&P 500, Dow, Nasdaq rise, oil falls amid US-Iran talks Yahoo FinanceStock Market Today: Micron Climbs Further; S&P 500 Loses Momentum — Live Updates WSJWall St opens higher on AI optimism, Mideast truce hopes ReutersStock Market Today: Dow Rises As Oil T
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Since the start of the war in Iran, investors have favored U.S. stocks over international equities, but a deal could help to reduce the gap.
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Concerns include international growth and margin compression as well as pressures from inflation, energy costs and potential supply chain disruptions.
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Hopes for AI-related tie-ups and good news for its ailing European business are some of the elements boosting Ford's stock recently.
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