Morning Market Digest: Tech Moves and Solar Slumps
Amazon''s four-day Prime event announcement failed to ignite broader market enthusiasm as the S&P 500 slid on disappointing retail data. Solar stocks led declines after Republican opposition to tax credits, with Sunrun (RUN) dropping sharply.
Meta Platforms (META) unveiled smartglasses in partnership with Oakley, signaling continued AR investment. Meanwhile, CoreWeave (CRWV) defied analyst skepticism with another rally, demonstrating cloud computing''s resilience.
Specialty pharma names outperformed as Acurx (ACXP) surged on clinical trial results and Salarius (SLRX) rocketed following its public offering announcement. The TRUMP Organization''s $499 smartphone gambit and SoFi''s (SOFI) golden cross pattern drew trader attention without moving major indices.
