Coatue Management's billionaire boss sliced Domino's Pizza out of his fund's portfolio and added a company with plenty of promise, yet steep operating losses.
DoorDash Inc. (NYSE: DASH), the dominant force in on-demand local commerce, is currently riding a wave of positive momentum. The company's stock has surged following a series of strategic multi-year agreements and initiatives, including a significant partnership with Criteo to bolster its retail media capabilities, an expansive deal with Kroger
A number of stocks jumped in the afternoon session after a key inflation data (PCE) aligned with forecasts, bolstering hopes for continued interest rate cuts from the Federal Reserve.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Friday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Wall Street moved modestly higher by midday Friday, yet major indexes remain on pace to break a three-week winning streak. At midday, the S&P 500 was up 0.4% to 6,630, while the Nasdaq 100 gained 0.2% to 24,440. The Russell 2000, the benchmark small-cap index, rebounded 0.5%.
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner.
Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
