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Top Stock Movers Now: Gartner, Axon Enterprise, Palantir, and More - Investopedia

Retrieved on: 2025-08-05 22:25:00

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Summary

This financial market report covers midday U.S. equity performance and highlights key earnings results, including Palantir Technologies' strong quarterly performance.

U.S. stock markets declined midday due to weak services industry data and President Trump's tariff comments, with major indices dropping 0.3-0.5%. Semiconductor stocks like Nvidia fell on anticipated chip industry tariffs, while several companies delivered strong earnings beats. Market volatility reflected ongoing trade policy concerns affecting investor sentiment across multiple sectors.

  • Palantir Technologies exceeded profit and sales forecasts, raising guidance on AI product demand and increased government contracts
  • Axon Enterprise and DuPont also beat earnings expectations and boosted their outlooks for strong performance
  • Nvidia and semiconductor stocks declined following Trump's announcement of upcoming chip industry tariffs
  • Major stock indices fell 0.3-0.5% amid weak services data and tariff uncertainty impacting market sentiment

Article found on: www.investopedia.com

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