All articles tagged with #doximity
Stock futures edged higher as investors weighed U.S.-China diplomacy; Cisco jumped on AI restructuring and raised guidance, boosting its shares and sentiment for AI infrastructure plays, while POET Technologies jumped about 24%. Doximity and Enovix slid on weaker guidance and profitability concerns, with Take-Two, Kodiak Gas Services and Bullish among other movers.
Tech stocks led a rally that sent the S&P 500 and Nasdaq to closing records, while futures hinted at mixed moves after hours as April’s producer price index surprised to the upside. Cisco jumped after strong quarterly results and job cuts, Doximity sank on weak guidance, and Cerebras priced its AI chip IPO above expectations, highlighting AI-sector enthusiasm. Investors eye April retail sales, price data, and jobless claims ahead of more earnings this week.
Several stocks are making significant moves in the stock market, including Upstart, Penn, Marqeta, Lyft, and Doximity.
Stock futures are slightly higher as investors await news on the U.S. debt ceiling negotiations. The Dow led the major indexes down with a 1% drop in Tuesday's regular session. Treasury Secretary Janet Yellen reiterated her warning that the government needs to raise the limit immediately as the country faces the possibility of defaulting as early as June 1. In addition to tracking any updates on debt ceiling negotiations, investors will watch for data on housing starts and building permits on Wednesday. Western Alliance and Keysight shares rose in after-hours trading, while Doximity slid after issuing weak guidance for the current quarter.