Tag: US stock market update

Intel, Boeing, and Nvidia Lead Top Dow Losers as Index Plunges 1,925 Points
5Apr By Hindustan Herald DeskNo Comments
US Stocks

Intel, Boeing, and Nvidia Lead Top Dow Losers as Index Plunges 1,925 Points

Key Highlights:Snapshot: April 4 Top Dow Losers1. Intel Corp (INTC): Worst Performer of the Day2. Boeing Co (BA): Aerospace Giant Grounded3. Nvidia Corp (NVDA): AI Darling Gets Hammered4. Dow Inc. (DOW): Chemical Sector in Decline5. Travelers Companies (TRV): Insurance Hit by Rate Shocks6. 3M Co (MMM): Industrial Bellwether Tumbles7. Chevron Corp (CVX): Energy Sector Joins the SlumpSector Summary: Broad Sell-Off Across the BoardTechnical Outlook: Dow Below Key SupportMarket Sentiment: Extreme Fear Mode ActivatedTop Losers Dow Jones Signal Market Breakdown on April 4Top losers Dow Jones Updates April 4, 2025: The Dow Jones Industrial Average (DJIA) witnessed a catastrophic drop of 1,925.08 points (-4.75%) on April 4, falling to 38,620.85, marking one of its steepest single-day decli...
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Palantir Stock Tumbles Nearly 8% as Market Reacts to Overvaluation Concerns
4Apr By Hindustan Herald DeskNo Comments
US Stocks

Palantir Stock Tumbles Nearly 8% as Market Reacts to Overvaluation Concerns

Palantir Technologies Inc. (NYSE: PLTR) saw a sharp correction in its share price today, with the Palantir stock price falling 7.93% to $76.97 as of 11:17 AM ET. The stock opened at $80.07, hit a day high of $80.98, and plunged to a low of $71.93 before staging a modest recovery.This drop comes after weeks of bullish momentum that pushed PLTR to its recent highs. However, analysts and investors appear to be reassessing the stock's valuation—especially with its P/E ratio sitting at a staggering 408.14, signaling potential overvaluation in a broader market environment that's increasingly cautious.What Triggered the Drop in Palantir Stock Price?Several key factors appear to be driving the Palantir stock price drop:1. Overheated Valuation MetricsPLTR’s price-to-earning...
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