Stock Market Update
06-Nov-25 14:30 ET
S&P 500 falls 0.6% as PTC, Coinbase, and Copart lag; Datadog jumps 24% on strong AI-driven results
Dow -245.10
at 47065.69,
Nasdaq -266.56
at 23233.26,
S&P -41.92
at 6754.36
[BRIEFING.COM] The S&P 500 (-0.62%) is in second place on Thursday afternoon, down about 42 points.
Briefly, S&P 500 constituents PTC (PTC 173.75), Coinbase Global (COIN 301.07, -18.23, -5.71%), and Copart (CPRT 39.90, -2.03, -4.84%) pepper the bottom of the standings. PTC falls as investors react to the sale of its Kepware and ThingWorx IoT businesses to TPG, with strong Q4 results and FY26 guidance overshadowed by concerns over lost growth potential and portfolio narrowing.
Meanwhile, Datadog (DDOG 192.34, +37.36, +24.11%) is today's top performer after posting strong Q3 results and upbeat guidance that topped estimates, driven by solid demand and growing adoption of its new AI observability and security products.
