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Tesla, AMD And Amazon Lead The Nasdaq Decrease Monday – Benzinga

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U.S. indices have been buying and selling greater Monday as Could buying and selling begins and as buyers await earnings studies this week.

Nonetheless, the Nasdaq fell for the day as a number of know-how corporations have been buying and selling decrease, probably amid a rotation out of the house and into reopening-related sectors. Traders additionally proceed to weigh current earnings studies within the sector.

  • The Invesco QQQ Belief Collection 1 (NASDAQ: QQQ) closed decrease by 0.53% at $336.19.
  • The SPDR Dow Jones Industrial Common ETF Belief (NASDAQ: DIA) completed greater by 0.64% at $341.11.
  • The SPDR S&P 500 ETF Belief (NASDAQ: SPY) closed greater by 0.22% at $418.20.

Listed here are the day’s winners and losers from the QQQ, in keeping with knowledge from Benzinga Professional.

A number of leaders for the QQQ have been from e-commerce and biotech: eBay Inc (NASDAQ: EBAY), Amgen, Inc. (NASDAQ: AMGN) and Biogen Inc (NASDAQ: BIIB).

eBay shares traded greater by 4.23% after eBay’s CEO mentioned how the big on-line public sale and transaction platform may play into the expansion of non-fungible tokens… Learn Extra

On the flip facet, Tesla Inc (NASDAQ: TSLA), Superior Micro Units, Inc. (NASDAQ: AMD) and Amazon.com, Inc. (NASDAQ: AMZN) have been among the many most hammered names for the Nasdaq.

Elsewhere On The Avenue

Verizon Communications Inc. (NYSE: VZ) confirmed it has bought its Verizon Media belongings, together with the AOL and Yahoo platforms, to Apollo World Administration, Inc. (NYSE: APO) for $5 billion. Verizon will retain a ten% stake within the firm and CEO Guru Gowrappan will retain the management function… Learn Extra

Palantir Applied sciences Inc (NYSE: PLTR) made its public debut on Sept. 30, 2020, and IPO buyers have considerably outperformed the market within the seven-plus months which have adopted… Learn Extra

Tilray, Inc. (NASDAQ: TLRY) and Aphria, Inc. (NASDAQ: APHA) have merged after months of negotiations, creating an organization with a mixed market cap of $3.3 billion… Learn Extra

© 2021 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.



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