Previous close | 102.93 |
Open | 104.54 |
Bid | N/A x N/A |
Ask | N/A x N/A |
Day's range | 104.54 - 106.20 |
52-week range | 104.54 - 106.20 |
Volume | |
Avg. volume | N/A |
Market cap | 2.692B |
Beta (5Y monthly) | 0.46 |
PE ratio (TTM) | 0.31 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
All three of the major indexes (^DJI, ^IXIC, ^GSPC) are falling after the March Consumer Price Index report showed prices rose more than expected last month. Prices rose 0.4% from February and 3.5% from last year. Both measures were higher than economists had been expecting. The data has led to traders mostly ruling out a rate cut at the Federal Reserve’s June meeting. One stock on the move is Meta Platforms (META). The social media company unveiled its latest Meta Training and Inference Accelerator, which is designed to work with the company’s ranking and recommendation models. Other trending tickers on Yahoo Finance include Delta Air Lines (DAL), Boeing (BA), and Alibaba Group (BABA). Top guests today include: 3:05 p.m. ET - Brett Ryan, Deutsche Bank Senior U.S. Economist 3:40 p.m. ET - Eric Hansotia, AGCO CEO 4:20 p.m. ET - Jay Timmons, National Association of Manufacturers CEO 4:45 p.m. ET - Bill Shufelt, Athletic Brewing CEO
European Union (EU) regulators are opening a probe into Alibaba's (BABA) Ali Express marketplace under its new Digital Services Act. UBS analysts slash Tesla's (TSLA) price target to $165 per share. Cybersecurity firm SentinelOne (S) shares move lower after reporting earnings that included narrower-than-expected losses per share. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The S&P 500 (^GSPC) opened lower on Tuesday thanks to a decline in tech stocks and concerns about when the Federal Reserve will start cutting rates. It's a different story for bitcoin (BTC-USD), however, with the cryptocurrency notching a new all-time high. Alibaba (BABA) shares are on the move. The Chinese internet giant is one of the companies investing in Chinese AI startup MiniMax, according to a report from Bloomberg. Stitch Fix (SFIX) shares are trading lower after posting a wider-than-expected loss in the second quarter. The online styling company also cut its full-year sales outlook. AT&T (T) received an upgrade to Outperform from Peer Perform at Wolfe Research, which cites the telecom's fundamentals and the fact that it's paying down debt and becoming more efficient. Shares of SoFi Technologies (SOFI) are falling sharply after announcing a new debt offering. Yahoo Finance's Brad Smith and Seana Smith break down some of Tuesday's trending tickers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.