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  • Luke Kawa

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Stocks slip after economic data disappoints

Core PCE inflation rose 0.4% month on month to end the year, while economists had anticipated a rise of 0.3%. Source: Sherwood News.

AppLovin jumps on unconfirmed social media report that it’s working with OpenAI on ChatGPT ads

Market chatter about the potential partnership emanated from a post by hedge fund manager Jonah Lupton, who disclosed that he and his fund have a…

Opendoor Technologies jumps after posting better than expected Q4 results

The online real estate company is executing on its strategy of flipping homes much more aggressively. Source: Sherwood News.

AppLovin gains amid report on its plans to launch a social networking platform

It’s unclear whether recent gains have much to do with this potential foray or if traders are aiming to call a bottom in the stock…

Super Micro jumps above 50-day moving average on elevated call activity

As of 10:45 a.m. ET, call volumes of 114,333 are on track to handily surpass the 20-day average of 166,558 for a full session. Source:…

Klarna sinks after Q1 guidance for revenue and gross merchandise value comes in short of estimates

Buy now, pay later, issue guidance that Wall Street likes even later. Source: Sherwood News.

Palantir dips as stock removed from Bank of America’s list of best US investment ideas

Palantir is trading near its biggest discount to Wall Street’s average price target since 2022. Source: Sherwood News.

Herbalife rallies after Cristiano Ronaldo invests $7.5 million in its personal health and wellness software subsidiary

Ronaldo moves from product ambassador to investor with a 10% stake in Herbalife’s subsidiary. Source: Sherwood News.