Digital ad verification company Integral Ad Science (NASDAQ:IAS) reported Q3 CY2025 results exceeding the market’s revenue expectations, with sales up 15.6% year on year to $154.4 million. Its GAAP profit of $0.04 per share was 42.2% below analysts’ consensus estimates.
Bitmine Immersion Technologies Inc (AMEX:BMNR) shares are plummeting on Tuesday afternoon, dragged down by a marked sell-off across the cryptocurrency market.
A number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. The tech-heavy Nasdaq fell approximately 1.4% as a wave of caution swept through the market. A key example of this trend is Palantir Technologies, which saw its shares drop around 7% despite reporting record quarterly results that surpassed analyst estimates and raising its full-year revenue outlook. This seemingly contradictory movement highlighted a broader sentiment shift. Investors appeared to be engaging in profit-taking, concerned that the recent surge in AI-related stocks had led to stretched valuations. This broader market caution affected high-growth technology companies that had previously surged on AI optimism but faced increased scrutiny, signaling a potential cooling-off period for the sector.
Adding serious weight to this caution, leadership at both Goldman Sachs and Morgan Stanley highlighted the possibility of a correction in the equity markets over the next couple of years.
Despite the euphoria driven by AI optimism and the promise of future rate cuts, these banks viewed this cooling-off period not as a disaster, but as a necessary and healthy feature of a long-term bull market.
A number of stocks fell in the morning session after markets became increasingly wary of high valuations following a significant AI-driven rally. The tech-heavy Nasdaq fell approximately 1.4% as a wave of caution swept through the market. A key example of this trend is Palantir Technologies, which saw its shares drop around 7% despite reporting record quarterly results that surpassed analyst estimates and raising its full-year revenue outlook. This seemingly contradictory movement highlighted a broader sentiment shift. Investors appeared to be engaging in profit-taking, concerned that the recent surge in AI-related stocks had led to stretched valuations. This broader market caution affected high-growth technology companies that had previously surged on AI optimism but faced increased scrutiny, signaling a potential cooling-off period for the sector.
Adding serious weight to this caution, leadership at both Goldman Sachs and Morgan Stanley highlighted the possibility of a correction in the equity markets over the next couple of years.
Despite the euphoria driven by AI optimism and the promise of future rate cuts, these banks viewed this cooling-off period not as a disaster, but as a necessary and healthy feature of a long-term bull market.
Price volatility in cryptocurrencies will likely continue to increase. Also, it is reasonable to expect the volatility to be disproportionate. Ethereum and Ripple will experience larger percentage gains and losses relative to Bitcoin.
A sharp tech selloff wiped out over $500B as Palantir, Nvidia, and others tumbled. Valuation concerns grow with CAPE ratio nearing dot-com bubble highs.
Papa John's International Inc (NASDAQ:PZZA) shares are plunging on Tuesday after Reuters reported Apollo Global Management Inc (NYSE:APO) has withdrawn its bid to take the company private.
The dollar index (DXY00 ) on Tuesday rose by +0.37% and posted a 3-month high. Tuesday's slump in equity markets has boosted liquidity demand for the dollar. The dollar also had carry-over support from Fed Chair Powell's warning last week that anot...
Starbucks grapples with sluggish performance in its second-largest market, where economic pressures and nationalist preferences have favored homegrown rivals.
December WTI crude oil (CLZ25 ) on Tuesday closed down -0.49 (-0.80%), and December RBOB gasoline (RBZ25 ) closed up +0.0067 (+0.35%). Crude oil prices moved lower on Tuesday amid pressure from a stronger dollar, as the dollar index (DXY00 ) rallied...
December Nymex natural gas (NGZ25 ) on Tuesday closed up +0.077 (+1.80%). Dec nat-gas prices extended their week-long rally on Tuesday to a 7.75-month nearest-futures high. The outlook for colder US weather, which will boost nat-gas heating demand,...
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