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At 12:29 PM ET, the stock market is experiencing mixed movements, with NVIDIA Corporation (NVDA) continuing its positive momentum, while Tesla, Inc. (TSLA) and Lucid Group, Inc. (LCID) are seeing declines.
NVIDIA is up by +1.86%, trading at $147.96, a gain of $2.70. The company, valued at $3.63 trillion, continues to benefit from its strong position in the AI and gaming sectors. Despite the market volatility, NVIDIA’s stock remains robust, showing +192.53% growth over the past year. With 113.567 million shares exchanged today, investors remain bullish on the company’s future prospects.
In contrast, Tesla (TSLA) is down by -5.05%, trading at $332.34, after shedding $17.66. Tesla’s performance has been under pressure, with 83.523 million shares traded so far. The electric vehicle manufacturer’s market cap stands at $1.067 trillion, but recent market concerns have led to a -5.05% drop in stock price today. Despite a 47.42% gain over the last year, the stock faces turbulence as the EV market becomes more competitive.
Meanwhile, Shopify Inc. (SHOP) is seeing a sharp +26.52% jump, trading at $113.86, marking an impressive $23.87 increase. The e-commerce giant’s stock is benefiting from renewed investor interest, pushing its market value to $147.147 billion. Shopify’s growth continues, with the company showing +37.35% year-to-date.
On the other hand, Grab Holdings Limited (GRAB) is seeing a +10.39% surge, trading at $4.8350, a gain of $0.4550. The Southeast Asian tech company, which has seen a 31.93% increase over the past year, has reached a market cap of $19.151 billion.
Other notable stocks include SoFi Technologies (SOFI), which is down by -2.77%, trading at $13.72, while Palantir Technologies (PLTR) has lost -1.83%, bringing its price to $59.13. MARA Holdings (MARA) and Lucid Group (LCID) also saw losses, with the former dropping by -2.52% to $24.38, and the latter falling -7.48% to $2.1650.
Despite some of these losses, Riot Platforms, Inc. (RIOT) is down by -6.05%, with a $0.91 drop to $14.06, reflecting 53.85% growth over the past year.
Disclaimer: This article is for informational purposes only. All market-related content is based on the inputs provided and does not constitute financial advice. Always consult a licensed financial advisor before making any investment decisions.