Tuesday, September 1

Business & Finance

Next-generation business services company QuinStreet’s (NASDAQ: QNST) business is thriving these days, as indicated by its latest quarterly earnings report. Obviously impressed by QuinStreet’s performance, bullish investors bought into its stock to push it to a nearly 39% gain on Friday

Space Exploration Technologies (NASDAQ:SPCX), a rocket launch, spacecraft manufacturing, and satellite broadband services provider, closed at $133.11, up 15.83%. The stock rose after lockup fears eased, analysts turned more positive, and the company provided an update on its joint Terafab plans with Tesla. Trading volume reached 236.7M shares, coming in about 91% above its three-month…

DraftKings (NASDAQ:DKNG), a digital sports betting, fantasy sports, and iGaming platform, closed at $24.03, up 8.39%. Investors focused on prediction-market and customer-activity growth after Q2 results missed expectations. Trading volume reached 36.1M shares, coming in about 173% above its three-month average of 13.2M shares. DraftKings IPO’d in 2019 and has grown 145% since going public

Palantir Technologies (NASDAQ:PLTR), an AI-powered decision software provider, closed at $172.01, up 10.32%. Today’s gains built on its post-earnings strength and Bank of America’s (NYSE:BAC) upbeat view, while investors are watching further upside after the quarter and commercial AI demand.Trading volume reached 76.2 million shares, coming in about 75% above its three-month average of 43.5…

Economy News

Fashion’s demand signals can change on a dime. With quick trend cycles and consumer behavior shifts, a style that seemed in-demand during planning and production can flop by the time it reaches retail. On the flip side, a design with a shallow buy could unexpectedly take off, requiring a quick read on interest to ramp…

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