Advertisement
As of 12:15 PM EST, major technology stocks experienced mixed performances, with some of them facing sharp declines during the midday trading session. NVIDIA Corporation traded at $126.87, falling by 3.36%, with a market capitalization of $3.11 trillion, as the tech company’s strong earnings report failed to impress Wall Street investors.
Continuing its fifth straight day of decline, the EV maker company Tesla, Inc. was priced at $286.84, down 1.36%, bringing its market cap to $922.63 billion. However, Palantir Technologies Inc. saw a slight increase of 0.11%, reaching $89.42, with a market valuation of $209.72 billion.
Meta Platforms, Inc. slipped by 0.55%, trading at $670.01, and maintaining a market capitalization of $1.7 trillion. Instagram’s parent company Meta recently apologized for an ‘error’ leading to violent content on the social media platform. Whereas, Apple Inc. remained relatively stable at $240.20,as it was down by 0.07%, with a market cap of $3.61 trillion.
The e-commerce giant, Amazon.com, Inc. was priced at $213.41, declining 0.44%, while its market valuation stood at $2.26 trillion. On the other hand, Microsoft Corporation dropped by 0.61%, trading at $397.29, with a market cap of $2.95 trillion.
Lastly, Salesforce, Inc. fell 2.05%, reaching $301.04, and recorded a market capitalization of $288.09 billion. The decline came after the cloud based software company’s earnings report failed to meet investors expectations.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.