Dow Jones futures edged higher early Wednesday, while S&P 500 futures and Nasdaq futures rose. Micron Technology (MU) earnings due after the close. FedEx (FDX) and AI chip IPO Cerebras (CBRS) tumbled overnight on results.
The stock market rally saw sharp losses Tuesday among leading AI names amid a global sell-off and with Micron Technology (MU) earnings due late Wednesday. The Nasdaq closed below key support for the first time in over two months, even with ******* eX (SPCX) providing some support.
Outside of AI, Guardant Health (GH), Fortinet (FTNT), Ezcorp (EZPW) are near buy points.
Late Tuesday, Google-parent Alphabet (GOOGL) rose slightly on news it'll join the Dow Jones Industrial Average on June 29, replacing Verizon (VZ) on June 29. Google stock edged higher before the open.
Guardant Health stock is on Leaderboard. Micron stock, Guardant Health are on the IBD 50. Fortinet stock and Micron are on the IBD Big Cap 20. Ezcorp was Tuesday's IBD Stock Of The Day. The video embedded in the article reviews Tuesday's market action and ******* yzes Guardant Health stock, Fortinet and Ezcorp.
The stock market rally saw sharp losses Tuesday among leading AI names amid a global sell-off and with Micron Technology (MU) earnings due late Wednesday. The Nasdaq closed below key support for the first time in over two months, even with ******* eX (SPCX) providing some support.
Outside of AI, Guardant Health (GH), Fortinet (FTNT), Ezcorp (EZPW) are near buy points.
Late Tuesday, Google-parent Alphabet (GOOGL) rose slightly on news it'll join the Dow Jones Industrial Average on June 29, replacing Verizon (VZ) on June 29. Google stock edged higher before the open.
Guardant Health stock is on Leaderboard. Micron stock, Guardant Health are on the IBD 50. Fortinet stock and Micron are on the IBD Big Cap 20. Ezcorp was Tuesday's IBD Stock Of The Day. The video embedded in the article reviews Tuesday's market action and ******* yzes Guardant Health stock, Fortinet and Ezcorp.
4 months ago
