Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, AbbVie, Broadcom, CyberArk, Palantir Technologies and More
Yahoo Finance·2025-11-04 14:11

Market Overview - The S&P 500 and NASDAQ futures are down over 1% following Palantir's 6.9% decline despite beating earnings expectations and providing strong forward guidance, raising concerns over an AI bubble [2] - The Dow Jones Industrial Average traded lower due to weakness in Merck Inc. and UnitedHealth Group Inc., while the NASDAQ surged to a new record high driven by major technology stocks [2] - Amazon.com jumped nearly 4% after announcing a $38 billion deal with OpenAI, utilizing chips from NVIDIA, indicating continued strength in mega-cap technology [2] Treasury Bonds - Treasury yields increased across the curve, with the 10-year note finishing at a 4.11% yield, up from 3.93% in late October, reflecting consistent selling pressure [3] - The combination of a rich stock market and a hawkish Federal Reserve is driving investors towards the 10-year note as a safe haven [3] Oil and Gas Sector - Oil prices rose modestly, with West Texas Intermediate closing at $61.05 and Brent Crude at $64.84, supported by OPEC+'s decision to halt production increases in January [4] - SM Energy Co. and Civitas Resources announced a $12.8 billion all-stock merger, creating one of the largest independent U.S. shale producers, signaling potential consolidation in the sector [4] Cryptocurrency Market - The cryptocurrency market experienced a sell-off, with Bitcoin and Ethereum trading lower, indicating ongoing volatility in this sector [5]