S&P 500 Falls 56.95 Points (0.73%)
S&P 500 Falls 56.95 Points (0.73%)
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S&P 500 Rebounds as Oil Falls and Tech Leads
U.S. stocks rose after four straight losses as crude oil retreated below $100 a barrel, while technology shares led gains. Dell jumped 11.3% and Hewlett Packard Enterprise rose 9.1% on the AI infrastructure read-through from Oracle’s capex outlook.
Cognyte Q2 2027 revenue rises 12% as software sales grow
Cognyte Software reported second-quarter revenue of $109 million, up 12% year over year, with total software revenue growing 21% and recurring revenue rising 18%.
Nasdaq Falls Over 100 Points; Eli Lilly Shares Gain On Upbeat Earnings
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 100 points on Wednesday. The Dow traded up 0.79% to 54,514.16 while the NASDAQ fell 0.44% to 26,467.77. The S&P 500 also fell, dropping, 0.07% to 7,731.26. Leading and Lagging Sectors Materials shares jumped by 2% on Wednesday. In t