Posted 1/26/2024, 5:29:00 PM
Stocks See Record Highs But Tech Struggles on Mixed Earnings
- Stock market continues record rally as economic data shows strong growth and cooling inflation
- Tesla, Intel shares plunged on weak earnings/guidance; Netflix surged on subscriber growth
- United Rentals hit new highs as construction boom continues; GE rose ahead of conglomerate split
- China education stocks New Oriental, TAL rally on earnings beats, strong guidance
- Airlines bullish on 2024 amid mixed Q4 results; defense contractors split after latest quarter