HomeTechSoftwareStock Market Today: PANW, TSLA Strength & ZM, TWTR Weakness
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Stock Market Today: PANW, TSLA Strength & ZM, TWTR Weakness

Dow Jones today finished in the red along with the S&P 500 Index or SPX and Nasdaq-100. Specifically, the SPX was down for the third straight trading session. Certain commodities that influence inflation like crude oil, gasoline, and gold were positive. The crypto product, bitcoin price was up over 2% and finished in the $21K level. Real estate was the worst performing sector, while the energy sector rose 3%. Stocks that showed strength included Tesla (TSLA), Amazon (AMZN), Freeport-McMoran (FCX), Exxon Mobil (XOM), and Chevron (CVX). On the other hand, stocks that showed weakness included Meta Platforms (META), Twitter (TWTR), UnitedHealth (UNH), Eli Lilly (LLY), and Crown Castle (CCI). Next, Scott Connor weighs in on Zoom Video (ZM) stock price as it plummeted after their earnings report was released. Also, Palo Alto Networks (PANW) stock price rallied on a strong earnings call and three-for-one stock split. Finally, Connor discusses economic data like the PMI Composite Flash.

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24 Aug 2022

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