{"id":18638,"date":"2023-06-05T23:18:35","date_gmt":"2023-06-06T03:18:35","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/apple-tesla-palantir-palo-alto-and-more-stock-market-movers\/"},"modified":"2023-06-05T23:18:36","modified_gmt":"2023-06-06T03:18:36","slug":"apple-tesla-palantir-palo-alto-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=18638","title":{"rendered":"Apple, Tesla, Palantir, Palo Alto, and More Stock Market Movers"},"content":{"rendered":"
\n
<\/p>\n
<\/p>\n
<\/div>\n<\/figure><\/div>\n

U.S. stocks closed in the red on Monday after the
\n S&P 500
\n enjoyed its best week since the end\u00a0<\/strong>of March.<\/p>\n

These stocks were moving the most Monday:<\/p>\n

\n Apple
\n (ticker: AAPL) fell 0.8% to $179.58 after revealing a mixed-reality headset at its Worldwide Developers Conference. <\/p>\n

\n

\n Tesla
\n (TSLA) rose 1.7% to $217.61. The electric vehicle maker received a price target raise to $215 from $175 by analysts at Citi. <\/p>\n

\n Palantir Technologies
\n (PLTR) was\u00a0<\/strong>5% higher amid news of a multiyear contract with the U.S. Special Operations Command. C3.ai (AI) rose 9.5%.<\/strong> AI-related companies remained in focus following a recent surge higher.<\/p>\n

\n Palo Alto Networks
\n (PANW) stock climbed 4.4% on news it will join the S&P 500 on June 20, as part of the index\u2019s quarterly rebalancing. The cybersecurity company will take the place of
\n Dish Network
\n (DISH), S&P Dow Jones Indices said late Friday. Shares in the television service company fell 2.7%.<\/p>\n

\n EPAM Systems
\n (EPAM) slid 22% after the software design company cut its earnings guidance. <\/p>\n

\n Dollar General
\n (DG) lost 4.4%. Analysts at Morgan Stanley downgraded the retailer to Equal Weight from Overweight. <\/p>\n

\n Est\u00e9e Lauder
\n (EL) slid 3.8%. Oppenheimer analysts cut their rating on the makeup company to Perform from Outperform. <\/p>\n

\n Ford
\n (F) gained 1.6%<\/strong>. Analysts at Citi upgraded shares of the car maker to Buy from Neutral.<\/p>\n

Oil stocks were mixed after\u00a0Saudi Arabia pledged to cut oil production by another one million barrels a day in July, while the Organization of the Petroleum Exporting Countries (OPEC) and its allies agreed to extend their current oil-production target through 2024.\u00a0
\n Chevron
\n (CVX) lost\u00a0<\/strong>0.5%,
\n Exxon Mobil
\n (XOM) was down\u00a0<\/strong>0.4%<\/strong>,
\n Ovintiv
\n (OVV) gained 1.2%,
\n Kosmos Energy
\n (KOS) was 1.5% lower, and
\n ConocoPhillips
\n (COP) lost 0.3%.<\/p>\n

Write to Callum Keown at callum.keown@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. stocks closed in the red on Monday after the S&P 500 enjoyed its best week since the end\u00a0of March. These stocks were moving the most Monday: Apple (ticker: AAPL) fell 0.8% to $179.58 after revealing a mixed-reality headset at its Worldwide Developers Conference. Tesla (TSLA) rose 1.7% to $217.61. The electric vehicle maker received […]<\/p>\n","protected":false},"author":1,"featured_media":18639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-18638","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nApple, Tesla, Palantir, Palo Alto, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"U.S. stocks closed in the red on Monday after the S&P 500 enjoyed its best week since the end\u00a0of March. 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