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via finance.yahoo.comMarkets

Palantir, Datadog and chip stocks bounce as Amazon lifts Wall Street

FROM THE WIRE · FINANCE.YAHOO.COM

Tech stocks got off the mat Monday. Most of Wall Street stayed pinned down. Palantir (PLTR) and Datadog (DDOG) jumped over 4% each, joined by Snowflake (SNOW) and a broad recovery in chip stocks after last week's beating. Western Digital (WDC) and Sandisk (SNDK) led the storage…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA broad tech recovery after a difficult week can influence short-term market sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Palantir and Datadog each rose over 4% while chip stocks recovered.
  2. 02Bernstein upgraded Datadog citing stronger AI-related demand.
  3. 03Palantir announced a government-cloud partnership and its rebound reached a potential selling zone near 195-200 dollars.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Palantir Technologies Inc.PLTRStock194.15 USDMarket closedtoday +4.36%Positive Datadog, Inc.DDOGStock260.36 USDMarket closedtoday +5.36%Positive NVIDIA CorporationNVDAStock217.09 USDMarket closedtoday +1.38%Positive Micron Technology, Inc.MUStock904.90 USDMarket closedtoday +2.97%Positive Intel Corp.INTCStock92.03 USDMarket closedtoday +2.43%Positive NASDAQ CompositeINDEX:IXICIndex26,430.89Market closedtoday +1.11%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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