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As of 9:51 AM EST, major stocks across various sectors displayed mixed movements in the early trading session. NVIDIA Corporation saw a 0.36% increase, trading at 140.61 USD, with a market capitalization of 3.44 trillion USD, the stock’s surge in the early morning came after closing Thursday with a red signal.
Palantir Technologies Inc. rose by 1.65% to 108.02 USD, reaching a market cap of 253.35 billion USD. The stock is on a rise after it was declining on Thursday due to probable U.S. defense budget cuts. However, UnitedHealth Group Incorporated experienced a significant decline of 8.74%, dropping to 458.50 USD, with a market value of 421.95 billion USD. According to the Wall Street Journal, the Justice Department is investigating the healthcare giant’s Medicare billing practices in recent months.
Tesla, Inc. dipped 0.75% to 351.73 USD, maintaining a market cap of 1.13 trillion USD. Meanwhile, Microsoft Corporation edged down 0.06%, trading at 415.86 USD, with a valuation of 3.09 trillion USD.
Meta Platforms, Inc. climbed 0.91% to 701.20 USD, holding a market capitalization of 1.78 trillion USD. On the other hand, Hims & Hers Health, Inc. saw a sharp decline of 20.06%, trading at 53.09 USD, with a market cap of 11.6 billion USD, the stock was slipping into red even during pre-bell after US FDA declared that Ozempic, Wegovy shortages have ended.
Apple Inc. was slightly down 0.03%, reaching 245.75 USD, with a valuation of 3.69 trillion USD. Additionally, Super Micro Computer, Inc. gained 0.73%, trading at 59.71 USD, with a market cap of 34.96 billion USD.
Lastly, Amazon.com, Inc. dropped 0.70%, trading at 221.32 USD, with a market capitalization of 2.35 trillion USD.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.