The DocuSign stock price retreated by over 6% after the market closed on Thursday, following the release of its third-quarter financial results. It fell to $66.50, down from the regular session high of $72.35, and 35% below its highest level in December last year. DocuSign growth has stalled DocuSign, a company that thrived during the
The blue-chip Schwab US Dividend Equity ETF (SCHD) has had a tough year as investors dumped value stocks for high-flying technology companies like Nvidia, Palantir, and Micron. The SCHD ETF has had a total return of just 4.68%, while the S&P 500 and Nasdaq 100 indices have jumped by 22% and 17%, respectively. This article
Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that the electric-vehicle maker’s valuation has reached unsustainable levels. According to a report from Fortune, which cited a post on his Substack newsletter, Burry described Tesla shares as “ridiculously overvalued” and warned that
In a reminder of how quickly tokenisation is transforming Brazil’s capital markets, the firm Fenynx completed its first capital raising by selling equity backed by B3 tokens through a crowdfunding platform. According to local media outlet InfoMoney, the sale marks a watershed moment for the Brazilian stock exchange: it is the first equity crowdfunding platform
US stocks rose on Friday as the Nasdaq Composite and S&P 500 each gained 0.2% and the Dow Jones Industrial Average added 124 points, or 0.3%, even as a data-centre failure briefly halted futures and options trading at the Chicago Mercantile Exchange. The disruption occurred during a historically low-volume, post-Thanksgiving session, raising the potential for
US equities advanced on Wednesday as Wall Street attempted to build on two straight days of gains, even as the broader market remains on track for a down month. The Dow Jones Industrial Average rose 171 points, or 0.4%. The S&P 500 gained 0.5%, while the Nasdaq Composite advanced 0.7%. Nvidia climbed more than 2%,
The Nasdaq Composite fell on Tuesday, giving back some of the prior session’s gains after a strong rally in artificial intelligence-linked names. The tech-heavy index lost 0.4%, while the S&P 500 hovered around the flatline. The Dow Jones Industrial Average outperformed, rising 205 points, or 0.5%. Sentiment was shaken by a report suggesting Meta Platforms may shift billions of
USs stocks rose on Monday, with Alphabet driving a broader rebound as the market attempted to stabilise after a sharp November decline driven by fading enthusiasm for artificial intelligence stocks. Major indices gained ground heading into the Thanksgiving holiday week, though volatility remains a concern given thinning trading volumes and persistent questions around elevated valuations.
US equities advanced on Friday after New York Federal Reserve President John Williams suggested the central bank may have room to cut interest rates again in December. The comments helped the stocks set onto a path to break a two-day slide driven by weakness in artificial intelligence stocks and renewed rate-policy uncertainty. The Dow Jones
US stocks surged on Thursday after Nvidia delivered a standout quarterly performance and issued a robust forecast that restored confidence in the artificial intelligence trade underpinning the current bull market. The Dow Jones Industrial Average rallied 621 points, or 1.3%, while the S&P 500 climbed 1.6%. The Nasdaq Composite outperformed with a 2.2% gain. Nvidia