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As of 12:14 PM EST, top stocks in Wall Street showcased mixed performance during the midday trading session. With its fourth-quarter report to be released after the closing bell today, NVIDIA Corporation rose by 4.68% to 132.55 USD, maintaining a market capitalization of 3.25T USD.
On the negative side, Tesla, Inc. slipped 0.83%, trading at 300.27 USD, with a market cap of 965.84B USD. The company’s reduced sales in Europe has deeply impacted the stock’s performance. However, Applovin Corporation fell by 11.97% to 331.94 USD, bringing its market cap to 112.87B USD, this decline was reported after two short sellers disclose short positions.
Meta Platforms, Inc. climbed 3.42% to 679.98 USD, bringing its valuation to 1.72T USD, bringing back the stock’s upward performance. Meanwhile, Apple Inc. declined by 1.33% to settle at 243.75 USD, with a market cap of 3.66T USD.
After meeting the Nasdaq filing deadline, Super Micro Computer, Inc. continued its surge, gaining 18.70% to 54.06 USD, with a market cap of 31.65B USD. On the other hand, Microsoft Corporation edged up 1.30% to 403.09 USD, with a market cap of 3T USD.
Finally, Amazon.com, Inc. gained 2.08%, reaching 217.22 USD, pushing its market cap to 2.3T USD. The e-commerce giant has given a new feature into its Alexa voice assistant, outfitting the 10-year old helper with generative AI capabilities to compete with its counterparts.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.