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Marketwatch stocks, bonds and more!

U.S. stocks were lower around noon Tuesday,  after the release of consumer-price index data that showed annual inflation cooling for a seventh straight month.

The S&P 500: -0.8%, according to FactSet.

Tweet on Trending stocks

Factset Chart on trending stocks

The Dow industrials: -1% while the Nasdaq Composite: -0.7%.

The major U.S. stock indexes opened in positive territory but later moved lower, and today the trending stocks are

Palantir Technologies: The data-analysis company recorded its first quarterly profit and forecast revenue in 2023 could reach as much as $2.23 billion. Shares gained about 17% premarket.

Ford: The automaker plans to slash 3,800 jobs in Europe over the next three years to lower costs and boost profit as it continues to shift toward electric vehicles. Ford stock gained less than 0.2% premarket.

Berkshire Hathaway: Warren Buffett’s company is expected to release its 13F filing for the fourth quarter later Tuesday. Investors are likely to scrutinize the disclosure for details on Berkshire’s overall pace of investment, its holdings of Taiwan’s TSMC and its stance on financial stocks, among other matters.

Coca-Cola: The drinks giant said profit fell in the fourth quarter from a stronger dollar, while revenue rose 7% as higher prices offset a decline in sales volume. Coca-Cola stock gained 0.7% premarket.

*Airbnb: The company is among those scheduled to release results later Tuesday

 

@thejournalbiz
Source:WSJ/Factset
Image:Nasdaq