Thursday’s Market Movers: Tech and Fintech in Focus
Disney shares fluctuated as the company severed ties with Penn Entertainment on a sports betting partnership. E.l.f. Beauty faced investor backlash after a disappointing earnings report, while Marvell Technology surged on takeover speculation.
Alphabet dipped despite expanding access to its cutting-edge AI chips. Forge Global's stock skyrocketed following an acquisition announcement, contrasting sharply with DIH Holdings' plunge after a delisting notice.
Amazon retreated despite bullish analyst commentary, while Datadog soared on strong earnings. Nvidia declined amid CEO remarks about artificial general intelligence, and Super Micro Computer tumbled after earnings miss.