Major US stock indices are closing mixed with the Dow industrial average lower, the S&P and NASDAQ indices are higher:
- Dow industrial average fell -225.55 points or -0.47% at 47337.32.
- S&P index rose 11.84 points or 0.17% at 6852.04.
- NASDAQ index rose 109.77 points or 0.46% at 23834.72.
Amazon struck a $38 billion cloud computing deal with OpenAI or. The stock price closed at a new record high of $254.03 of 4.02%.
The Nvidia shares also closed at a new record high with a gain of $4.39 or 2.17%.
Meta continues to suffer after falling sharply after last week's earnings told of higher capital spending. The price moved from a high on Wednesday at $759.16, to a low today of $636.18. That's a decline of -16.65%. The price is now up 8.92% on the year.
Some other winners included:
Western Digital: +5.21%
Micron: +4.88%
Amazon.com: +4.03%
Palantir: +3.42%
Uber Tech: +3.40%
SoFi Technologies: +3.20%
SLB NV: +2.69%
Tesla: +2.59%
Lam Research: +2.40%
NVIDIA: +2.20%
United Airlines Holdings: +2.20%
Delta Air Lines: +1.97%
Palantir just announce earnings
- EPS $0.21 versus estimates $0.17
- Revenues $1.18 billion versus estimates of $1.09 billion.
- The company sees Q4 revenues of $1.327 billion – $1.331 billion versus estimates of $1.19 billion.
- Fiscal year revenues 4.396 – $4.400 billion versus expected $4.15 billion
The stock price is trading up 3.3% at $240.04.
