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How major US stock indexes fared Wednesday, 5/21/2025

Wall Street slumped under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government's spiraling debt and other concerns. The S&P 500 fell 1.6% Wednesday. The Dow Jones Industrial Average dropped 1.9%, and the Nasdaq composite sank 1.4%.

How major US stock indexes fared Wednesday, 5/21/2025

Wall Street slumped under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government's spiraling debt and other concerns. The S&P 500 fell 1.6% Wednesday. The Dow Jones Industrial Average dropped 1.9%, and the Nasdaq composite sank 1.4%.

Domo: Fiscal Q1 Earnings Snapshot

AMERICAN FORK, Utah (AP) — Domo, Inc. DOMO) on Wednesday reported a loss of $18.1 million in its fiscal first quarter. On a per-share basis, the American Fork, Utah-based company said it had a loss of 45 cents.

Zoom lifts annual forecasts on robust demand amid AI push

(Reuters) -Zoom Communications raised its annual revenue forecast on Wednesday, benefiting from hybrid work trends and the integration of artificial intelligence into its products. The integration of AI into its tools and expansion of its range of services has helped Zoom. It added agentic AI Companion capabilities and AI updates across its platform in March.

CoreWeave Surges Past Analyst Targets as Citi Doubles Theirs

(Bloomberg) -- CoreWeave Inc.’s rally is running so hot it’s leaving analysts’ stock predictions in the dust. Citi Research more than doubled their 12-month price target on the stock to a Wall Street high Wednesday morning. When the market opened shares blew past it in the first 15 minutes of trading. Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni DebtNJ Transit Makes Deal With Engineers, Endin