Artificial Intelligence Giant Oracle's Plunge
Oracle (ORCL), an artificial intelligence giant, tumbled more than 6% in extended trading after missing earnings and sales estimates on Monday. If this weakness persists into Tuesday morning, Oracle shares are likely to open at their 50-day line. Other key earnings movers like C3.ai (AI) and MongoDB (MDB) also saw significant movements. C3.ai shares surged nearly 14%, and MongoDB stock jumped 9.5% in extended trading.Later in the Week: Earnings Releases and Inflation Reports
Later in the week, Adobe (ADBE) and Costco Wholesale (COST) are scheduled to release their earnings results. Additionally, inflation reports will be in focus. Wednesday is expected to bring the consumer price index, and Thursday will see the producer price index. These reports offer a preview of the core personal consumption expenditures or PCE price index, which is regarded as the Fed's primary inflation gauge and is due on Dec. 20.Stock Market Today: Nvidia's Slide
On Monday, the Dow Jones Industrial Average declined by 0.5%, and both the S&P 500 and Nasdaq dropped 0.6%. Nvidia sold off 2.6% on Monday, closing right at the 10-week moving average line. This is a critical level to monitor. A sharp rebound could place Nvidia stock in a new buy zone, while a decisive close below this level would serve as a key sell signal. Tesla (TSLA) ended a volatile session with a slight gain, reaching its highest price since November 2021.AppLovin, Cava, MicroStrategy, and Palantir's Dive
AppLovin plunged nearly 15% on Monday, snapping a six-day winning streak. The app-monetization company failed to be added to the S&P 500, and Apollo Global (APO) and Workday (WDAY) took its place. Cava dived 12.1%, closing below the 50-day line for the first time since August, with volume nearly 200% above average. Bitcoin stock MicroStrategy tumbled 7.5% as the price of bitcoin traded below $96,600. Palantir reversed from new highs to fall more than 5% even after announcing an expansion of its contract with the U.S. Special Operations Command.What to Do Now in the Stock Market
Now is a crucial time to refer to IBD's The Big Picture column amid the ongoing stock market action. After Monday's session, make sure to check out today's The Big Picture and the updated exposure level. On Monday's "IBD Live" show, the team discussed the current trading conditions of the stock market rally. The market, especially the Nasdaq, appears stretched even after Monday's fall, but it's not overly concerning at this point. It's a factor to consider when taking profits in extended stocks. An extended Nasdaq increases the risks of new purchases. If the composite continues to pull back, new breakouts are likely to enter negative territory. Many extremely extended hot stocks could suffer sharp losses. IBD MarketSurge's "Breaking Out Today" list is an essential resource for daily breakouts, showing MarketSurge Growth 250 stocks breaking out past buy points. The MarketSurge "Near Pivot" list also highlights stocks nearing buy points in bases. To find more stock ideas, check IBD Stock Lists like IBD 50, Big Cap 20, and Stocks Near A Buy Zone. Be sure to follow Scott Lehtonen on X/Twitter at @IBD_SLehtonen for more on growth stocks and the Dow Jones Industrial Average.Empowering Local Talent in Law Enforcement
Graduates' Volunteer Work
The graduates of the Rochester Police Department's workforce development program have shown remarkable dedication through their hundreds of volunteer hours in the community. This selfless service has not only made a positive impact on the lives of those they served but has also prepared them for the demands of a career in law enforcement. By giving back to the community, they have demonstrated their values and commitment, which will serve them well in their future roles.
Volunteering has allowed these graduates to gain valuable experience and build relationships within the community. They have worked on various projects and initiatives, ranging from community outreach programs to crime prevention efforts. This hands-on experience has equipped them with the skills and knowledge needed to effectively serve and protect the community.
Career Paths
With six graduates set to join the Rochester Police Department and four joining the Monroe County Sheriff’s Office, these individuals are embarking on exciting career paths in law enforcement. The RPD and the Sheriff’s Office provide diverse opportunities for growth and development, allowing these graduates to pursue their passions and make a difference in their communities.
Joining the police force is a challenging and rewarding career choice. Graduates will undergo rigorous training at the police academy, where they will learn the necessary skills and knowledge to perform their duties effectively. They will also have the opportunity to work with experienced officers and learn from their expertise, further enhancing their skills and knowledge.
Department's Commitment
The Rochester Police Department's decision to invest in a workforce development program is a testament to their commitment to developing local talent and serving the community. By providing these graduates with the necessary training and support, the department is ensuring that they have the tools they need to succeed in their careers.
This commitment extends beyond the graduation ceremony. The department will continue to provide ongoing support and training to these graduates as they begin their careers. This includes mentorship programs, professional development opportunities, and access to resources and support services. By doing so, the department is helping these graduates to thrive and make a positive impact in their communities.