A number of stocks fell in the afternoon session after the release of a much weaker-than-expected U.S. jobs report, which overshadowed hopes for a Federal Reserve interest rate cut by fueling concerns about the health of the economy.
Private equity is spending big to buy into a little-known building stock. Meanwhile, one of the biggest winners in tech just saw its CEO sell millions.
Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
"You get what you pay for" often applies to expensive stocks with best-in-class business models and execution.
While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
Interactive Brokers Group Inc (NASDAQ:IBKR) shares are trading higher in Monday's after-hours session after it was announced the company will join the S&P 500.
Shares of mobile app technology company AppLovin (NASDAQ:APP) jumped 5.1% in the afternoon session after the company's shares rose amid a broad market rally sparked by dovish comments from the Federal Reserve, with the move also supported by a price target increase from Wells Fargo. The positive momentum was supported by an analyst action from the previous day. Wells Fargo analyst Alec Brondolo maintained an "Overweight" rating on AppLovin's stock while increasing the price target to $491 from $480. The analyst's raised revenue estimates for 2026 and 2027 are reportedly due to rising web traffic to AppLovin's customer sites and the company attracting larger clients. This company-specific optimism was amplified by a broad market rally after Federal Reserve Chair Powell's remarks that "downside risks to employment are rising," which investors interpreted as a dovish shift, boosting equities across the board.
