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Day Traders Diary

5/17/24

The major averages closed mixed with the Dow Jones Industrial Average closing above the key 40,000 level for the first time in history, a day after hitting that benchmark the day before. The 30-stock average rose 134 points, or 0.34%, to 40,003. The S&P 500 rose 6 points or 0.12%,... Read More

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Diamonds and Dogs

5/17/24

Recent IPO, Reddit (RDDT) jumped 10% today after announcing a partnership with Microsoft-backed OpenAI to give them access to Reddit's Data API, letting the artificial intelligence startup learn from Reddit content in real time. OpenAI. The stock is up 50% in the last month since its 52. Meme... Read More

5/16/24

Shares of Walmart are surging 5% as the big-box retailer reported adjusted first-quarter earnings of 60 cents per share, topping expectations. Revenue rose to $161.5 billion, beating the $159.5 billion consensus estimate. Walmart said it made big gains in e-commerce and won over more high-income shoppers during the quarter.  were... Read More

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