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Investor's Business Daily on MSNDow Jones Futures: Tesla, Google Step Up With Earnings Due; AI Stock Breaks Out As Nvidia, AMD RunThe stock market is at highs thanks to Nvidia and AMD, but getting a little stretched. Tesla and Google are on tap.
Palantir (NASDAQ: PLTR) stock saw a massive rally across the first half of 2025's trading. The tech company's share price rose 80.3% across the stretch against the backdrop of a 5.5% gain for the S&P 500 index, according to data from S&P Global Market Intelligence
Nvidia took a $4.5 billion write-off in its latest quarter on unsold H20 chips that it was unable to repurpose for other markets. If sales of these high-volume chips to China resume, a reversal of this write-off could boost earnings.
Invesco shares surged Friday after the investment manager said it's looking to change the structure of its popular Invesco QQQ Trust exchange-traded fund, in a move that could make it more profitable for Invesco.
One stock that managed to outmaneuver the various headwinds torturing the markets throughout the year, however, is data mining specialist Palantir Technologies (NASDAQ: PLTR). With shares soaring by 80% during the first six months of 2025, Palantir was the top-performing stock across both the S&P 500 and Nasdaq-100.
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The IPO Pulse actually peaked last October and has been slowing since then. But the downturn certainly accelerated in March and April as the stock market sold off, with the IPO Pulse falling to a 1½-year low in April (chart below, blue line).