Stocks Mixed After PPI Data - Digital Realty and Adobe Fall, Applied Materials and Vulcan Rise
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S&P 500 dropped 0.5% on Friday after PPI data showed higher-than-expected wholesale price increases in January
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Digital Realty Trust shares plunged over 8% after missing revenue and funds from operations estimates
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Applied Materials stock jumped 6% as strong AI-driven demand drove better-than-expected profits and sales
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Adobe stock fell over 7% on competition fears after OpenAI launched video generator Sora
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Vulcan Materials shares gained over 5% after earnings and revenue beat estimates amid higher prices