Market Buzz: D-Wave & Applovin Lead Tech Surge, Exxon Mobil Gains, Flutter Dips in Active US Trading
NEW YORK, United States – The United States stock market is a hive of activity this morning, May 8th, with significant moves across various sectors. Technology stocks, particularly in quantum computing and mobile tech, are seeing explosive gains, while energy giant Exxon Mobil is also posting a solid performance. Conversely, the gaming sector sees some pressure with Flutter Entertainment trading lower.
Exxon Mobil Corp (NYSE: XOM) Climbs
Energy major Exxon Mobil Corp is experiencing a positive trading session. As of 10:58 AM GMT-4, XOM shares were priced at 105.95 USD, an increase of +1.34 USD or 1.28 percent. The stock opened at 105.34 USD, reaching an intraday high of 106.64 USD and a low matching its open. Its previous close was 104.61 USD. Exxon Mobil has a market capitalization of 45.64KCr, a P/E ratio of 14.02, and a dividend yield of 3.74 percent. The 52-week range for XOM is 97.80 USD to 126.34 USD.
D-Wave Quantum Inc. (NYSE: QBTS) Explodes Higher
D-Wave Quantum Inc. continues its phenomenal surge. As of 10:30 AM GMT-4, QBTS shares were trading at 9.13 USD, a remarkable increase of +2.24 USD or 32.51 percent. The stock opened at 8.67 USD, with an intraday high of 9.15 USD and a low of 7.71 USD, significantly above its previous close of 6.89 USD. D-Wave’s market capitalization is 255.22Cr. Its 52-week high is 11.95 USD and its 52-week low is 0.75 USD.
Applovin Corp (NASDAQ: APP) Shares Soar
Applovin Corp stock also maintains its strong rally. By 10:10 AM GMT-4, APP shares reached 355.63 USD, up by an impressive +52.17 USD or 17.19 percent. The stock opened at 344.00 USD, with a daily high of 357.59 USD and a low of 339.03 USD. Applovin’s market cap stands at 11.87KCr, with a P/E ratio of 78.43. The stock’s 52-week range is between 60.67 USD and 525.04 USD.
Palantir Technologies Inc (NASDAQ: PLTR) Makes Strong Gains
Palantir Technologies Inc. is also performing well. As of 10:08 AM GMT-4, PLTR stock was trading at 116.02 USD, reflecting a gain of +5.54 USD or 5.01 percent. Palantir’s market capitalization is 27.47KCr, and it has a P/E ratio of 506.66. The 52-week high for Palantir is 125.41 USD, with a low of 63.40 USD.
Amazon.com Inc (NASDAQ: AMZN) Edges Up
E-commerce leader Amazon.com Inc. is showing modest gains. At 10:21 AM GMT-4, AMZN shares were priced at 189.98 USD, an increase of +1.26 USD or 0.67 percent. Amazon’s market cap is 2.02LCr, with a P/E ratio of 30.98. The 52-week high for AMZN is 242.52 USD, and the low is 151.61 USD.
Broadcom Inc (NASDAQ: AVGO) Sees Slight Increase
Semiconductor company Broadcom Inc. is trading slightly higher. As of 10:39 AM GMT-4, AVGO stock was at 205.76 USD, up by +0.95 USD or 0.46 percent. Broadcom has a market capitalization of 96.78KCr, a P/E ratio of 99.22, and offers a dividend yield of 1.15 percent. The 52-week range for the stock is between 128.50 USD and 251.87 USD.
Flutter Entertainment PLC (NYSE: FLUT) Dips
In contrast to the broader tech enthusiasm, Flutter Entertainment PLC is trading lower. As of 10:48 AM GMT-4, FLUT stock was priced at 238.25 USD, a decrease of -4.11 USD, or 1.70 percent. Flutter Entertainment has a market capitalization of 4.20KCr and a P/E ratio of 997.32. Its 52-week high is 299.73 USD and low is 174.03 USD.
