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Vertiv, Atkore, and Kimball Electronics Shares Are Falling, What You Need To Know
StockStory117d agobearish
Vertiv, Atkore, and Kimball Electronics Shares Are Falling, What You Need To Know

A number of stocks fell in the afternoon session after the May jobs report sent the 30-year Treasury yield above 5%, a threshold that directly increases the cost of financing the large-scale grid infrastructure, data centre power distribution, and industrial electrification projects underpinning the sector's growth story.

Why ServiceNow (NOW) Shares Are Falling Today
StockStory117d agobearish
Why ServiceNow (NOW) Shares Are Falling Today

Shares of enterprise workflow automation company ServiceNow (NYSE:NOW) fell 5% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Why CrowdStrike (CRWD) Stock Is Falling Today
StockStory117d agobearish
Why CrowdStrike (CRWD) Stock Is Falling Today

Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) fell 4.2% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Why Oracle (ORCL) Shares Are Sliding Today
StockStory117d agoneutral
Why Oracle (ORCL) Shares Are Sliding Today

Shares of enterprise software giant Oracle (NYSE:ORCL) fell 8% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Cloudflare (NET) Stock Trades Down, Here Is Why
StockStory117d agoneutral
Cloudflare (NET) Stock Trades Down, Here Is Why

Shares of cloud security and performance company Cloudflare (NYSE:NET) fell 5.8% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Why Polaris (PII) Stock Is Falling Today
StockStory117d agobearish
Why Polaris (PII) Stock Is Falling Today

Shares of off-Road and powersports vehicle corporation Polaris (NYSE:PII) fell 3.1% in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.

Why Qualcomm (QCOM) Stock Is Nosediving
StockStory117d agoneutral
Why Qualcomm (QCOM) Stock Is Nosediving

Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 6% in the morning session after the AVGO earnings overhang and the stronger-than-expected jobs report combined to drive one of the broadest global chip selloff of the year.

StockStory117d agoneutral
Why Xerox (XRX) Shares Are Sliding Today

Shares of document technology company Xerox (NASDAQ:XRX) fell 3.4% in the morning session after the May jobs report showed a much larger-than-expected increase in payrolls, fueling concerns that the Federal Reserve will keep interest rates elevated for a longer period.