Stock Market Today: NASDAQ Rises to New Record
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Indeed, the rise of artificial intelligence (AI) should be a tailwind for the technology sector, and most Wall Street analysts anticipate substantial gains in these Nasdaq stocks: Among 31 analysts who follow AppLovin ( APP -1.86%), the median target price of $470 per share implies 40% upside from the current share price of $335.
For mutual funds, investors send checks to the asset manager, which are invested by the portfolio manager at the end of the day. The investors get “units” of the fund at the end-of-day unit price, which is calculated from the “net asset value” of the fund.
The stock's fall snapped a three-day winning streak.
One stock that managed to outmaneuver the various headwinds torturing the markets throughout the year, however, is data mining specialist Palantir Technologies (NASDAQ: PLTR). With shares soaring by 80% during the first six months of 2025, Palantir was the top-performing stock across both the S&P 500 and Nasdaq-100.
Palantir bulls point to this as a reason why the stock could reach a $1 trillion valuation by 2035. However, the bears have another key point to consider, and it could derail the entire investment thesis.
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Investor's Business Daily on MSNDow Jones Futures: S&P 500, Nasdaq Hit Highs; CoreWeave Sell-Off Leads Growth LosersDow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures.The stock market rally erased early losses Thursday to close modestly higher, with the S&P 500 and Nasdaq hitting fresh all-time highs.
Although Alibaba stock looks reasonably priced, Amazon's lower business risk from the U.S.-China tensions gives it the edge as the better long-term investment. The drop in its P/E ratio in recent months makes now a good time to pick up shares.
Google is proving that Tesla isn’t the only game in town when it comes to self-driving. The Waymo robotaxi service has a head start over Tesla’s robotaxi and does over 1 million fully autonomous, paid rides each month across Phoenix,