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EHYnMH
9 days ago
To say Danaher Corp.
DHR
+6.76%
had a downbeat reaction to earnings is an understatement. We regret the timing of our
stock pick
, though investors with longer time horizons will want to stay the course.
DHR
+6.76%
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#corp #downbeat #reaction
rfhqhqlmjwh
15 days ago
US stocks declined on Friday, putting the major indexes on track for weekly losses, as the semiconductor sector continued to drag markets lower.
The Dow Jones Industrial Average (^DJI) dropped 1%, while the S&P 500 (^GSPC) fell roughly 0.8%. The Nasdaq Composite (^IXIC) shed around 1.6% following a downbeat day on Wall Street and the release of the world's most powerful open AI model.
Chip stocks, as tracked by the PHLX Semiconductor Index (^SOX), tumbled over 3% on Friday, entering a bear market after Asian stocks fell, with ****** an's Nikkei 225 (^N225) falling 4%.
The market's tech-driven rally from March lows has stalled as investors reassessed companies' spending on artificial intelligence, clouding optimism for the AI trade. Adding to AI jitters on Friday, Chinese AI startup Moonshot on Friday unveiled Kimi K3, a powerful open AI model that it says is the world's largest, rivaling Anthropic's frontier Fable model.
Netflix stock (NFLX), meanwhile, declined by 12% in the first minutes of trading after the company's third quarter revenue forecast disappointed the Street as the streaming giant battles a "dynamic and competitive" entertainment landscape.

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