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After emerging from the government shutdown unscathed, some of the most high-profile technology and AI stocks are taking a hit on Friday.
These hedge fund managers beat the S&P 500 over the last three years, and they both bought Palantir and sold Rigetti Computing in the second quarter.
The U.S. stock market continues to shake on Friday as Nvidia, bitcoin, gold and other high flyers on Wall Street swing.
Bitcoin dropped below $96,000 for the first time since May while major tech stocks continued to slide on Friday morning.
QuantumScape ( QS +2.80%) took a breather this week after shares of the electric vehicle (EV) battery maker more than tripled over the last six months. The stock has declined nearly 16% since market close last Friday, according to data provided by S&P Global Market Intelligence.
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Chegg, Etsy, Snap, Robinhood, and Alphabet Shares Are Falling, What You Need To Know
What Happened? A number of stocks fell in the afternoon session after the broader U.S. stock market declined amid investor caution and a pullback in technology stocks. The main story? Investors are cashing in on a good run and feeling a bit cautious.
Chancellor Rachel Reeves could find her rumoured plans to get Britain investing in UK Plc by cutting the cash ISA limit backfire as most savers have said they still wouldn’t switch to stocks and share
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Retail Investors Really Don’t Like Novo Nordisk (NVO) Stock
Shares of Novo Nordisk A/S (NYSE: NVO) dropped 1.9%today, closing at $48.25, just a whisker above the 52-week low of $45.05. Sometimes we see a divergence in share price and sentiment, but with Novo Nordisk they’re actually well correlated.
Major stock indexes ended sharply lower Thursday, a day after President Donald Trump signed a funding bill to end the longest federal shutdown in U.S. history, as technology shares dragged the Nasdaq.
US stocks were lower Thursday as investors sold shares in technology companies and assessed how long it might take for economic data releases to be rebooted after the end of the government shutdown.