Stock market, trending picks and more
Stock Market Today marked gains after Jobs Report Comes in Hot
Senate approved deal raising the debt ceiling as Indexes poised for weekly gains
Tweet on trending stocks
Marketwatch:
Lululemon (LULU): Shares climbed around 12%
Amazon (AMZN): Amazon's stock was up 2.5%
Dish Network (DISH): Dish's stock surged around 19%
MongoDB (MDB): shares jumped nearly 30%
Dell (DELL): revenue plunged 20% as shares rose 4.3%#StockMarket pic.twitter.com/8YhykriOmL— The_Journalbiz (@the_journalbiz) June 2, 2023
Factset chart on trending stocks
Lululemon Athletica (LULU): The athletic-gear maker raised its annual outlook on sales growth in China. Shares climbed around 12%, snapping a nine-day losing streak.
AT&T (T), Verizon (VZ) and T-Mobile (TMUS): Traditional telecom stocks tumbled after Bloomberg News reported that Amazon was considering offering mobile to Prime subscribers.
Amazon (AMZN), Dish Network (DISH): Amazon’s stock was up 2.5% after the Bloomberg report. Dish’s stock surged around 19%; the Journal reported in May that the satellite company was in talks to sell mobile services through Amazon.
MongoDB (MDB): The database-software company reported better-than-expected first-quarter results; shares jumped nearly 30%.
Dell (DELL): The PC manufacturer’s revenue plunged 20% on the year in the first quarter, but beat expectations. Shares rose 4.3%.
SentinelOne (S): Shares of the cybersecurity company plunged to an all-time low a day after it guided investors toward lower-than-expected revenue growth in the second quarter and for the year.
