Accenture rallies more than 20% after earnings beat, heads for best day ever
Shares of Accenture surged Thursday after the company's fiscal fourth-quarter results beat estimates.


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Shares of Accenture surged Thursday after the company's fiscal fourth-quarter results beat estimates.

The three major averages jumped to start the week's trading, catching a tailwind from a rally in AI-related stocks, as well as lower yields and oil prices.

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Shares of Hewlett Packard Enterprise surged 27% Tuesday morning, pacing its biggest daily gain ever as the company posted its biggest earnings beat since 2018.

Dell reported its fastest pace of revenue growth since returning to the public market in 2018, with AI server revenue soaring 757% over last year.

The bank upgraded the cloud computing name to buy from hold.

The Snowflake rally also lifted shares of ServiceNow, Oracle and Palantir, while Salesforce bucked the trend.

Application-software stocks are getting more love from Wall Street.
Shares rose 26% Wednesday, the biggest surge since the Dutch chipmaker went public in 2010.

Texas Instruments beat on earnings and revenue and gave upbeat guidance.

Investors searched for bargains Monday, analysts say, after last week's sharp selloff over worries about the threat from Anthropic's Claude Mythos
Fidelity and Morgan Stanley's Bitcoin ETFs also saw a combined $68.2 million in inflows, while four other Bitcoin ETFs also tallied inflows on Thursday.

The latest reading of the personal consumption expenditure price index, the Fed's favored inflation gauge, is due out at 8:30 a.m. ET Thursday morning.

Arm could dominate the CPU market the way Nvidia has come to dominate the GPU market, an analyst says.
BlackRock CEO Larry Fink said staying invested through periods of turmoil has historically delivered far stronger returns.

The WisdomTree Cloud Computing Fund (WCLD) gained 4.5% on the session, putting the exchange-traded fund on track for its best day since April 24, 2025.

Asia-Pacific markets opened higher Thursday, rebounding after several days of steep losses.

D.A. Davidson worries that Rivian's guidance would require the company to see an unusually strong debut of its R2 EV.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.

Nvidia's stock was on pace to break a five-day losing streak on Friday.
Not to my taste

Wall Street cheered news that Southwest's transformation appears to be taking hold.
Analysts pointed to an upcoming health care conference and cancer data study release as potential catalysts for Moderna's ongoing rally.

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